On November 2, 2022, the Company provided a corporate update regarding the integration of the BTi, Insight and transition plan with a focus on growth and diversification based on a leading systems approach to process control for the solar cell manufacturing derived from the synergies and complimentary products of the combined business. Contact Aurora Solar Technologies. "Our adverts are very targeted (inverter manufacturer advert on inverter category etc.) But as SpaceX and NASA aim to ramp up missions in the coming years, they'll need to prepare for solar storms the issue is that there's no good way to shield astronauts in space, Owens said. Two Apollo crewed missions narrowly escaped a huge solar storm in August 1972: Apollo 16 had landed back on Earth in April, while Apollo 17 launched in December. Announces Passing of Board Member, David Robinson, Aurora Solar Technologies Corporate Update Regarding Leadership, Aurora Solar Technologies Inc. We can. Aurora makes it smoother for everyone to switch to solar energyby transforming the way projects are designed, sold, and delivered. Aurora's website is located at www.aurorasolartech.com. T O O UR S HAREHOLDERS . The Company's capital markets strategy is being updated to support organic growth and inorganic opportunities. HIGHLIGHTS, SIGNIFICANT EVENTS AND TRANSACTIONS DURING THE PERIOD, The Business Acquisition report relating to the acquisition of BT Imaging PTY Ltd. was filed on Sedar on 8 November 2022. In that case, Owens said, restarting the grid "could be a matter of weeks or even months.". Get the latest stock price for Aurora Solar Technologies Inc. (ACU), plus the latest news, recent trades, charting, insider activity, and analyst ratings. As the combined company integrates and develops it will be increasingly well placed to diversify its business through its market and product strategy, technology development and value enhancing transactions with an objective to grow beyond market opportunities in China. The Company sends its condolences to David's family and his friends and it will remember to tackle business with enthusiasm, dedication and hard work; the same way as David did in life. Auroras products are designed specifically for inline applications in the PV manufacturing industry. To grow the business beyond its internal resources, additional financing may be required to scale the Insight product and/or fast track diversification through acquisition, collaboration or technology development. BTi's R and W series products are used to verify the material effects of these processes on partially or wholly finished cells. The bright light of a solar flare on the left side of . Gordon continues to support the commercialization of the Company's Insight platform along with the combined business product and market strategy in TSXV - TSXV Real Time Price. Your customers get a premium experience and you save time. The Company was incorporated under the laws of the Province of British Columbia, Canada on 26 October 2006 as Pulse Capital Corp, a capital pool company. And the latest solar cycle, which peaked around 2010, was particularly quiet and may have lulled us into a false sense of security. Read through customer reviews, check out their past projects and then request a quote from the best solar panel installation companies near you. Auroras momentum has picked up over the last few years, right alongside solar. All securities issued pursuant to the private placement are subject to a hold period that expires on December 26, 2022. Granted, radio signals are much less important to basic communications today. products are used by some of the worlds most advanced and respected solar cell manufacturers. Glassdoor gives you an inside look at what it's like to work at Aurora Solar Technologies, including salaries, reviews, office photos, and more. Every 11 years or so, the sun becomes "convectively unstable," meaning its magnetic fields become so unstable that the magnetic north and south poles abruptly flip, throwing our star's polarity out of whack, said Mathew Owens, a professor of space physics at the University of Reading. Turkey might be just the right place to go. North Vancouver, British Columbia-- (Newsfile Corp. - October 4, 2022) - The Board of Directors of Aurora Solar Technologies Inc. (TSXV: ACU) ("Aurora", the "Company") announced today that. "It was the smallest we'd had for about a hundred years," Owens said, adding, "The danger of going from a small cycle to a slightly bigger one is that you then realize where all the vulnerabilities are.". By placing the commercial responsibility for the Insight product inside BT Imaging, the Company will be able to improve its technical sales capability to secure potential customer orders. Aurora Solar Technologies Inc Stock - AACTF Share Price Today, News and Discussion ATNM 7.08% 0.42% KRL.X 0.03% More Advertisement 3rd Party Ad. This decision has delivered intended benefits beyond obvious cost savings. 100% Clean Energy for California: What SB 100 Means for Distributed Solar, 11 Clever Solar House Designs from the U.S. Department of Energy Solar Decathlon 2017, Decoding the Solar Buyer: Insights from Auroras 2021 Homeowner Research, The Big Book of Solar Software Must-Haves, Raising a Series D to Gear Up For Solars Extraordinary Growth, Sunrise Sessions: Uniting Solar Design and Sales. All statements in this discussion other than statements of historical facts, that address future events or developments that the Company expects, are forward-looking statements. In solar cell research and design applications, conducted in academic, government and industrial laboratories throughout the world, BTi's R series products are used to inspect and characterize wafer materials, examine experimental and pilot production design results, and verify electrical performance for comparison to design objectives. First Name. Aurora's website is located at www.aurorasolartech.com. Aurora Solar Technologies Inc. Mailing Address: 100 - 788 Harbourside Drive North Vancouver, BC V7P 3R7: Head Office Address: 100 - 788 Harbourside Drive North Vancouver, BC V7P 3R7: Contact Name: Gordon Deans: Principal Regulator: British Columbia: Business e-mail address: info@aurorasolartech.com: Medical, Dental, and Vision plans are 100% covered. Claim your Free Employer Profile Website: www.aurorasolartech.com Headquarters: North Vancouver, Canada Size: 51 to 200 Employees Type: Contract Revenue: Unknown / Non-Applicable Competitors: Unknown Aurora Solar Technologies Reviews 5.0 5.0 Former Employee "Great company" As these geomagnetic storms crash into the ionosphere, they can make auroras shine big and bright. To bring these products together as a system, Aurora's InsightTM, is a new proprietary "data science" software platform that extends the combined company's product portfolio to provide plant-wide smart factory monitoring by translating measurements into actionable information to improve manufacturing performance. If you believe there is a better way to do it, speak up! Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Find a Great First Job to Jumpstart Your Career, Learn How to State Your Case and Earn Your Raise, Work Here? There can be no assurance that forward- looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Stay up to date with what you want to know. Energy and charged particles from the sun are then ejected into space. Still, we're not in immediate danger. So far, we've been lucky. A single solar panel can cost around 400 euros to install, but obviously, this may vary depending on the size and type of system. variations. To achieve the high electrical efficiencies that are now common, strict control of variations in these processes is required during cell manufacturing. By the end of March 2023, the combined business is expected to benefit from realized synergies combined with compelling revenues and margins with the objective of being on a cash flow run rate that is neutral to positive. We can keep accelerating solar growth, together. Aurora Solar Technologies salary trends based on salaries posted anonymously by Aurora Solar Technologies employees. Get the ev to assets ratio charts for Aurora Solar Technologies (AACTF). Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis, and control systems for solar cell manufacturers. A URORA S OLAR T ECHNOLOGIES I NC.. Canadian Dollars F OR THE N INE AND T HREE M ONTHS E NDED 31 D ECEMBER 2022 A ND 2021. We believe that solar power will be a dominant element in the renewable energy field, and our mission is to bring quality and profitability to every customer through superior control of critical processes during solar cell manufacturing. Aurora is an inline solar cell measurement equipment specialist. It was important to inject energy and direction to the Insight product with a renewed focus on product readiness and commercial validation. Aurora Solar Technologies develops, manufactures and markets inline quality control systems for the solar cell manufacturing industry. Solar flares can disrupt radio communications and electric power grids on Earth. BT Imaging's year end (June 30, 2022) audit is nearing completion without any material issues being identified and the Company remains on track for filing its Business Acquisition Report on November 8, 2022. They are found in industrial facilities and virtually all major research institutes throughout Asia, Europe and North America. All answers shown come directly from Aurora Solar Technologies Reviews and are not edited or altered. Aurora is acquiring accretive earnings through additive annual sales of approximately $10,000,000 Canadian dollars, that generates positive cash flow and has about $5,000,000 Canadian dollars of working capital. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements whether as a result of new information or future events or otherwise, except as may be required by law. Today's top 113 Energy jobs in Mlaga, Andalusia, Spain. We've grown our team by 8X, our solutions are used by 90% of the top U.S. residential solar contractors, and we've been globally recognized Real Leaders Impact Award 2022, Forbes AI 50 2022, Inc. 5000 2021, and S&P Global Platts' 2020 Rising Star Company. The following information should be read in conjunction with the unaudited Condensed Interim Consolidated Financial Statements of Aurora Solar Technologies Inc. ("the Company", or "Aurora") for the nine and three months ended 31 December 2022 and 2021, and the related notes attached thereto, which were prepared in accordance with International Financial Reporting Standards ("IFRS"). Aurora Solar Technologies 's ( ACU) Commodity Channel Index (CCI) is -196.40, creating a Buy signal. The Company has issued 11,650,000 units (the "Units") at the price of $0.10 per Unit for gross proceeds of $1,165,000. The worst solar storm we've seen happened in 1859. place undue reliance on the Company's forward-looking statements. as well as other partner offers and accept our. Leading solar companies depend on Aurora to outpace the industry. All amounts are expressed in Canadian dollars, unless otherwise indicated. Aurora Solar Technologies, Inc. provides inline measurement, visualization, and control systems for the photovoltaic product manufacturing industry. While in Australia, Kevin also met with various new institutional shareholders resulting from the BT Imaging acquisition to reaffirm their support for the combined business and its adapted strategy to drive growth. In one example, in 1972, US military pilots flying south of Haiphong harbor in North Vietnam saw two dozen sea mines explode in the water without any apparent cause. In Australia, there is strong policy and investment support for solar and renewable energy with UNSW's School of Photovoltaic and Renewable Energy Engineering recognized as a global center of excellence. The solar or photovoltaic ("PV") energy industry is relatively young, fast-growing, and evolving in importance within the energy sector. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Our products provide rapid payback, with ongoing profitability for our customers. On 4 October 2022, the Company announced that Gordon Deans retired as the President and CEO of the Company; Mr. Deans will remain a member of the Board of Directors of the Company. Keep asking questions and keep challenging yourself. M ANAGEMENT D ISCUSSION AND A NALYSIS . In addition, Kevin met with legal, accounting, and advisory professionals who are supporting the business and met the University of New South Wales' innovation office regarding collaboration, commercialization, and technology funding opportunities. We offer an extensive suite of services from measurement and control planning to system installation and post-installation support and optimization. We offer a suite of process measurement devices, interlinked with our breakthrough analysis and control systems. "They missed it purely by chance, and it could have been fatal for the astronauts at the time," Owens said. On 7 November 2011, it acquired Aurora Control Technologies Inc. through a reverse takeover and initiated its current business operations. The other primary objective was to achieve alignment among senior leadership by: (i) stabilizing the Aurora business through synergies derived from the BT Imaging acquisition combined with a disciplined approach to Insight's product commercialization; (ii) leveraging available synergies to support growth; and (iii) embracing a broadened product suite and customer base to better position the combined company for diversification. We know we can always do better, and we strive to do so every day. BTi develops and markets several material inspection and quality control tools. Finally, it is with deep sadness that the Company reports the passing of David Robinson who was a recent addition to the board. All rights reserved. On August 25, 2022, Aurora acquired 100% of the outstanding share capital of BT Imaging Pty. Perovskite cells hold promise to enhance photovoltaic deployment in a wide range of applications, such as powering vehicles and boats. (, Aurora Solar Technologies Announces Repeat Volume Orders, Aurora Solar Technologies Announces Order from Chinese Solar Cell Manufacturer, By using the ENF website without adjusting your cookies settings, you agree to our use of cookies as described in our, 100-788, Harbourside Drive, North Vancouver, BC, V7P 3R7. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. Create a highly accurate solar design without having to visit the site, saving time and money during the quoting process. Message. All other material transaction terms remain unchanged. 100% Clean Energy for California: What SB 100 Means for Distributed Solar, 11 Clever Solar House Designs from the U.S. Department of Energy Solar Decathlon 2017, Decoding the Solar Buyer: Insights from Auroras 2021 Homeowner Research, The Big Book of Solar Software Must-Haves, Raising a Series D to Gear Up For Solars Extraordinary Growth, Sunrise Sessions: Uniting Solar Design and Sales. The following information should be read in conjunction with the unaudited Condensed Interim Consolidated Financial Statements of Aurora Solar Technologies Inc. ("the Company", or "Aurora") for the nine and . The sun is much more likely to throw energy our way during its maxima. We exist to support the worlds transition to solar at scale. Due to advancements in solar energy technology, the . The combined business's core expertise in process control and understanding of solar manufacturing techniques, and its ability to collaborate with customers and to attract enabling technologies, places the Company in a strong position to pursue emerging opportunities within North America, Australia and/or Europe. Performance of finished modules is largely determined by the wafer material quality, the cell design and manufacturing quality control, and the module assembly quality control. BTi was incorporated in 2007 in the State of New South Wales, Australia as a private limited company to commercialize imaging technology originally developed at the University of New South Wales School of Photovoltaic and Renewable Energy Engineering. Announces Chief Executive Officer Changes, Aurora Solar Technologies Inc. But a huge geomagnetic storm heading toward Earth a storm so big it would "probably give us aurora down to the equators" could cause several transformers to go at once, or overwhelm other transformers that could then blow up, knocking out the whole grid, Owens said. ENF Solar is a definitive directory of solar companies and products. Announces President Changes, President, Chief Executive Officer & Director. On 11 March 2020, the coronavirus outbreak ("Covid-19") was declared a pandemic by the World Health Organization. Insight analyses the large volume of data available from the sequence of finished solar cells in a production line and reveals the links between unwanted variations in their quality parameters and the controllable factors than can reduce such. Here's proof: Top residential US solar companies use Aurora, Infinity Energys sales teams proposal time reduction, Project Engineer, Wellspring Components LLC, Training & Development Manager, Semper Solaris, Executive Director of Sales, Semper Solaris, Director of Solar Development, Solar Energy Services, Vice President of Marketing, NY State Solar, VP of Design & Engineering at Infinity Energy. Aurora Solar Technologies Inc. Reports Earnings Results for the Third Quarter and Nine .. Aurora Solar Technologies Inc. Reports Earnings Results for the Second Quarter and Six .. Aurora Solar Technologies : Corporate Update, Aurora Solar Technologies Inc. Access your favorite topics in a personalized feed while you're on the go. This changing industry landscape and the pace of developments presents ongoing opportunities for high-end process control suppliers of measurement and automated diagnostic technologies. One of the first decisions made was to combine global sales teams and to wind down Aurora's Chinese operations placing the commercial responsibility for the Insight product with BT Imaging in Sydney and Shanghai under a revised organizational structure. Discussion of the Company, its operations and associated risks are further described in the Company's filings, available for viewing at www.sedar.com. In addition, new market opportunities are expected to emerge in Australia, North America, Asia Pacific and Europe. The sun also lets off radioactive material called solar energetic particles that can be dangerous to astronauts. is to bring quality and profitability to every customer through superior measurement, visualization and control of critical processes during solar cell manufacturing. how about disabling your ad blocker on ENF? We want you to get the best possible results from our products. We would have no business, and would not be able to accomplish our mission without our customers. 1K followers 500+ connections Baker McKenzie LLP acted as Aurora's legal advisor on this transaction. See how the latest advancements in Aurora and HelioScope are making solar sales, design and delivery easier and faster. Average salaries for Aurora Solar Technologies Director Of Technology: $165,000. Move fast and scale your sales and design operations with powerful artificial intelligence. Furthermore, this acquisition allows the Company to address PV silicon raw material quality control with an established product line, extend our market from PV cell manufacturing to also include R&D and quality control market segments, and provides geographical diversification. Based in North Vancouver, British Columbia. Jake BoumaCorporate DevelopmentPhone: +1 (604) 317-3936corpcomm@aurorasolartech.com. That energy can affect communication by messing with the ionosphere, a layer of charged particles in our upper atmosphere. Aurora's non-contact, high throughput DMTM and TCMTM products use proprietary patented technology, based on the principles of infrared spectroscopy sensing to measure the properties of the afore-mentioned solar cell chemical layers as they are deposited and thermally annealed. The Company is pleased to confirm that the business is performing well and is on track to achieve its fiscal June 2022 financial and operational targets including, approximately C$10,000,000 in sales, profitability, and cash flow positive. Information is checked, categorised and connected. Aurora Heredia Snchez Digital Marketing Specialist | Team Leader Mlaga, Andalusia, Spain. Aurora Solar Technologies 's ( ACU) Trend Strength Indicator (ADX) is 31.32, creating a Neutral signal. If youre looking for a mission-driven company where your work will have an impact on a truly global scale, join us and well do it together. Forward-looking statements reflect current expectations of management regarding future events and operating performance as of the date of the MD&A. Wafer and cell forms and configurations have all changed, with continually increasing sizes and performance demands. Email. Not an offer or recommendation by Stocktwits. 14 weeks of parental leave at 100% base salary. Aurora Solar's platform uses computer vision to help solar companies rapidly design systems tailored to customers' specific needs. BT Imaging's website is located at www.btimaging.com. Give your sales team everything they need to close in one call: simple guided workflow, interactive consultations and eSignature to close on the spot. Last Name. So far, astronauts have been lucky. During his first month as Chief Executive Officer, Kevin Dodds has been focused on the integration of BT Imaging Find out how to get top quality hair transplant at an affordable price. BTi brings a powerful brand, a world-class complementary product line and delivery team, and deep industry knowledge and strategic relationships such as with the University of New South Wales", said Gordon Deans, Aurora's President and CEO. We value and celebrate great contributions, but ultimately, it is the outcome that matters. Image: Aurora Solar Technologies Inline solar cell measurement equipment specialist Aurora Solar Technologies (AST) has. The Company will provide further details on the Acquisition and the combined business in a conference call to be held in mid-September co-hosted by Stifel and Aurora. Stifel GMP acted as Aurora's financial advisor on this transaction and will receive 2,500,000 common shares issued at a deemed price $0.10 per share. Phone. For further information. NASA spotted a rare polar vortexthis month. We decided to go out to the site and measure the house by hand with the homeowner, and in every instance, Aurora was correct. Our solar platform transforms the process of designing, selling, and delivering projects. Director of Solar Development, Solar Energy Services ; We've had 4 cases where customers didn't agree with the measurements on the Aurora design that we presented virtually. "Aurora Solar currently deals with approximately fifteen of the largest solar manufacturers in the world and they ran a beta product and the customer who's running the beta basically said,. We believe that solar power will be a dominant element in the renewable energy field, and our mission is to bring quality and profitability to every customer through superior control of critical processes during solar cell manufacturing. With headquarters near Vancouver, Canada, Aurora has operations in Shanghai, China, and partners in all major solar manufacturing markets. Aurora's products are designed specifically for inline applications in the PV manufacturing industry. -, Aurora Solar Technologies Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022. Still, a space-weather event in 1989 shows just how vulnerable we've become: A huge geomagnetic storm on March 13 cut power for 6 million people in Quebec for nine hours. Jake BoumaCorporate DevelopmentPhone: +1 (604) 317-3936corpcomm@aurorasolartech.com. Attaining "Grid Parity" with fossil fuel energy sources is the solar industry's most urgent and important challenge. The solar storms that rage on our star during its active period create bursts of electromagnetic energy that can affect everything from the power grid to GPS signals. Scientists, however, fear that our reliance on electricity and interconnectivity could mean we're far more vulnerable to their effects this time around. Aurora's products are used by some of the world's most advanced and respected solar cell manufacturers. planes were 21% more likely to be delayed, saw two dozen sea mines explode in the water, worst solar storm we've seen happened in 1859, auroras were seen in the southern UK on Sunday night, Two Apollo crewed missions narrowly escaped a huge solar storm. The Aurora and BTi businesses are well placed to take advantage of these market trends. Aurora's and BT Imaging's products are used by some of the world's most advanced and respected solar cell manufacturers.
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