What are co-workers like at Aurora Solar Technologies. products are used by some of the worlds most advanced and respected solar cell manufacturers. On demand, permit-ready solar plan sets available from Aurora in 24 hours. Check out our video and blog highlighting the phenomenal growth of solar and how Aurora empowers homeowners with a new energy experience. Aurora Solar's platform uses computer vision to help solar companies rapidly design systems tailored to customers' specific needs. Aurora Solar Technologies Inc. is a leader in the development and delivery of inline process control and yield management solutions for solar cell manufacturers. At the end of October, BT Imaging held its first board meeting and management operations review since the acquisition. Changes wont be saved until you sign up for an Enhanced Profile subscription. 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. how about disabling your ad blocker on ENF? M ANAGEMENT D ISCUSSION AND A NALYSIS . North Vancouver, British Columbia--(Newsfile Corp. - November 2, 2022) - Aurora Solar Technologies Inc. (TSXV: ACU) ("Aurora", the "Company") is pleased to provide an update regarding the integration of the acquisition of BT Imaging, a renewed focus to commercialize the Company's InsightTM data science product and the strategic direction for the united combined business. ENF Solar is a definitive directory of solar companies and products. See disclosure here. We can keep accelerating solar growth, together. Perovskite cells hold promise to enhance photovoltaic deployment in a wide range of applications, such as powering vehicles and boats. The board has been restructured with the appointment of Kevin Dodds as Chief Executive Officer and Roger Buckeridge as a new board director and strategic advisor to Kevin. Its proprietary measurement and modeling technologies help. The Acquisition, the concurrent financing and stock option grant has been approved by the board of directors of Aurora. In the drive to Grid Parity, their unique products, built into the . This acquisition broadens the combined business by product and its process control systems capability along with diversifying sales by customer, product and geographic region. NASA's Parker Solar Probe, for instance, is heading for the sun and is likely to provide unprecedented images and exciting new data in December. Perovskite Cells Perovskite cells are flexible, lightweight, and low-cost solar cells made using perovskite and organic materials. First Name. Information is checked, categorised and connected. ", Solar Trade Platform and Directory of Solar Companies, Company Directory The sun also lets off radioactive material called solar energetic particles that can be dangerous to astronauts. 14 weeks of parental leave at 100% base salary. 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: Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Aurora's website is located at www.aurorasolartech.com. Aurorans, solar professionals, society at largewe are all in this together. Announces President Changes, President, Chief Executive Officer & Director. "Our adverts are very targeted (inverter manufacturer advert on inverter category etc.) Aurora Solar is a fast growing technology company that enables solar professionals to remotely design and sell solar and storage projects. 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. "And they're nearly always there, but they become very much stronger when we've got a geomagnetic storm going on.". Aurora's products are used by some of the world's most advanced and respected solar cell manufacturers. Additional information about the Company, including the audited annual Consolidated Financial Statements, and the notes thereto, for the years ended 31 March 2022 and 2021, prepared in accordance with IFRS, can be found on SEDAR at www.sedar.com. Our products measure and display the results of critical cell fabrication processes, revealing material properties and the performance of manufacturing tools and processes. But several industries use radio signals to back up their other communications systems in case of failure. Currency in CAD. 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. So far, astronauts have been lucky. Medical, Dental, and Vision plans are 100% covered. Aurora's website is located at www.aurorasolartech.com. 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. They believe that solar power will dominate the renewable energy field, and their mission is to bring quality and profitability to every customer through superior control of critical processes during solar cell manufacturing. Access your favorite topics in a personalized feed while you're on the go. (www.sedar.com). Discussion of the Company, its operations and associated risks are further described in the Company's filings, available for viewing at www.sedar.com. All securities issued pursuant to the private placement are subject to a hold period that expires on December 26, 2022. But we didn't rely as much on electricity back then as we do now; the only thing it knocked out were telegraph lines. We believe that solar power will dominate the renewable energy field, and our mission is to bring quality and profitability to every customer through superior control of critical . 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. 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. 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. 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"). The address of the Company's corporate and administrative office and principal place of business is #100 - 788 Harbourside Drive, North Vancouver, BC, V7P 3R7. The sun may be waking up after almost a decade of relative calm, scientists say and that could cause problems on Earth. 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. Auroras. Aurora's Australian subsidiary, BT Imaging Pty Ltd, founded in 2007, has a 15 year-history of servicing top tier solar cell and cell manufacturers who supply the majority of the world's production, based on market leadership with its advanced photoluminescence-based quality assurance imaging tools. -, Aurora Solar Technologies Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022. 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. View Products Services We want you to get the best possible results from our products. This discussion covers the nine and three months ended 31 December 2022 and 2021 and the subsequent period up to the date of the issuance of this MD&A. For further information contact: Jake Bouma Corporate Development Phone: +1 (604) 317-3936 corpcomm@aurorasolartech.com BTi's W series products are also used later in wafer production or at the incoming stage of cell production for quality assurance and classification of the as-cut wafers. Finally, it is with deep sadness that the Company reports the passing of David Robinson who was a recent addition to the board. Read through customer reviews, check out their past projects and then request a quote from the best solar panel installation companies near you. These new common shares shall be subject to escrow conditions and released in three tranches on December 26, 2022, June 25, 2023 and December 25, 2023 in the amount of 20,032,003, 21,468,674, and 21,468,674 common shares, respectively. These and other factors should be considered carefully, and thus, readers should not. Ltd. ("BTi"), a global leader in photoluminescence (PL) imaging tools and instruments for PV material inspection and quality control. 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. All answers shown come directly from Aurora Solar Technologies Reviews and are not edited or altered. Headquarters. 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. North Vancouver, British Columbia-- (Newsfile Corp. - August 26, 2022) - Aurora Solar Technologies Inc. (TSXV: ACU) (" Aurora ", the " Company ") is pleased to announce that the acquisition of. The plasma, which is made of charged particles, boils toward the surface, cools down, and sinks back toward the core again. Aurora Solar Technologies Overview Work Here? 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. With each decade, we become more dependent on electrical infrastructure, he said. We are a remote first team with office options too. Give your sales team everything they need to close in one call: simple guided workflow, interactive consultations and eSignature to close on the spot. Can you imagine yourself waking up every morning knowing that youre helping create a more sustainable future? This is the Aurora Solar Technologies company profile. Distributed by Public, unedited and unaltered, on 01 March 2023 22:19:16 UTC. Create a highly accurate solar design without having to visit the site, saving time and money during the quoting process. The concurrent non-brokered private placement announced on July 5, 2022 to support this Acquisition has also been completed with net proceeds of $1,146,625 received. 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. Aurora Heredia Snchez Digital Marketing Specialist | Team Leader Mlaga, Andalusia, Spain. If youre reading this, you probably agree. We want you to get the best possible results from our products. Phone: +1 (778) 241 5000 Today's top 113 Energy jobs in Mlaga, Andalusia, Spain. Wafer and cell forms and configurations have all changed, with continually increasing sizes and performance demands. Aurora is purchasing a proven business with a strong product brand, synergetic operational execution capability, institutional ownership and strategic relationships including the University of New South Wales School of Photovoltaics and Renewable Energy Engineering, a global center of excellence in photovoltaic industry. In silicon wafer production, BTi's R's series products are used to determine optimal wafer slicing locations in each ingot by sensing the extent and locations of impurities that can affect finished cell performance. If you believe there is a better way to do it, speak up! Jake BoumaCorporate DevelopmentPhone: +1 (604) 317-3936corpcomm@aurorasolartech.com. That instability causes havoc in the magnetic fields at the surface of the sun, which become much more active. Discover what makes the Aurora platform the most accurate, profitable waytodeliver every stage of the solar product lifecycle. 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. BT Imaging's website is located at www.btimaging.com. A copy of this Management Discussion and Analysis ("MD&A") will be provided to any applicant upon request. The sun is about to get more active than it has for a decade and it could lead to power outages, grounded flights, and stunning auroras. 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. Stay up to date with what you want to know. The vast majority of solar panels or modules seen on rooftops, streetlights and large-scale "solar energy farms" are made from purified silicon that is formed into ingots, sawn into silicon wafers and then treated to create solar cells. We can. Aurora Solar Technologies 's ( ACU) Commodity Channel Index (CCI) is -196.40, creating a Buy signal. $500 home office stipends, $300/mo for hybrid work, and more. Our products measure and display the results of critical cell fabrication processes, revealing material properties and the performance of manufacturing tools and processes. 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. As the geomagnetic storm messes with the ionosphere's magnetic charge, it creates currents in the ionosphere. 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. Auroras products are designed specifically for inline applications in the PV manufacturing industry. For further information. Humans on Earth are shielded from that radiation, as most of it bounces off the ionosphere and the rest is absorbed by the atmosphere. The total consideration issued by Aurora to BTi shareholders for this Acquisition was 62,969,351 common shares and $1,205,310 in cash. All rights reserved. Move fast and scale your sales and design operations with powerful artificial intelligence. We would have no business, and would not be able to accomplish our mission without our customers. Still, we're not in immediate danger. Find those that will, and focus on what truly matters. Its technology improves solar cell efficiency . Get the ev to assets ratio charts for Aurora Solar Technologies (AACTF). "If you are trying to send a crew to the moon or Mars, you really need to worry about these things, because that is a serious, potentially fatal radiation dose," Owens said. 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. Our products provide rapid payback, with ongoing profitability for our customers. During his first month as Chief Executive Officer, Kevin Dodds has been focused on the integration of BT Imaging and re-energizing the Aurora technical and operational teams based on a corporate culture of accountability and respect. Forward-looking statements relate to future events or future performance and reflect the Company's current estimates and expectations or beliefs regarding future events and include, without limitation, information or statements concerning the Company's expectations of financial resources availability to fund operations; general business and economic conditions; the Company's ability to successfully execute its plans and intentions; the Company's ability to obtain financing at reasonable terms though the sale of equity and/or debt commitments; dependence on a small number of key personnel; the Company's ability to attract and retain skilled staff; political instability; market competition; future supply, demand, inventory, production and price of products; the timing and amount of estimated future production; costs of production; government regulation operations, limitations of insurance coverage; the timing and possible outcome of pending litigation; delays in obtaining governmental approvals or financing or in the completion of development activities; the impact of Covid-19 on our workforce, suppliers and other essential resources and what effect those impacts, if they occur, would have on our business; and the ability of the Company to continue as a going concern. Equally important it will allow for new features that increase Insight's value and extend its importance as the core operational tool for production process optimization and control. Image: Aurora Solar Technologies Inline solar cell measurement equipment specialist Aurora Solar Technologies (AST) has. They allow process engineers and production-line operators to rapidly detect and correct process excursions, material faults and optimize processes, thereby increasing our customers throughput, yield and profit. Aurora Solar Technologies is a leader in the development and delivery of inline process control and yield management solutions for solar cell manufacturers. Aurora Solar Technologies Inc. published this content on 01 March 2023 and is solely responsible for the information contained therein. Announces Chief Executive Officer Changes, Aurora Solar Technologies Inc. This means the sun will produce more solar flares, or powerful bursts of energy. BTi's R series products are designed for laboratories and off-line production quality control and its W series products are used by silicon wafer and cell manufacturers for both in-line and off-line process control. Aurora and BTi together focus on top-tier manufacturers of PV products who value the benefits of integrated measurement and process control systems and who have known capacity expansion plans. "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,. 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. The Company also announces stock option grants to directors, officers and consultants totaling 3,700,000 options exercisable at $0.11 for a five-year term. If the Company does update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements. Energy and charged particles from the sun are then ejected into space. Any financing will be tied to a disciplined approach to deploy capital relative to its market opportunity. BT Imaging is also diversifying with a recent product sale for a new in-line cell manufacturing application in Europe along with a first sale for a newly developed product regarding perovskite solar cells. The Company recognizes there is room to improve based on the confidence of this adapted strategy. Keep asking questions and keep challenging yourself. MARKET POSITION AND DEVELOPMENT, AND IMPACT OF THE COVID-19PANDEMIC. Solar is among the fastest growing electricity sources worldwide, and has consistently taken the first or second spot for adding the most new electricity to the U.S. grid. Aurora makes it smoother for everyone to switch to solar energyby transforming the way projects are designed, sold, and delivered. Copyright 2023 Surperformance. Delayed Bourse de Toronto Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis and control systems for solar cell manufacturers. 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. Weve grown our team by 8X, our solutions are used by 90% of the top U.S. residential solar contractors, and weve been globally recognized Real Leaders Impact Award 2022, Forbes AI 50 2022, Inc. 5000 2021, and S&P Global Platts 2020 Rising Star Company. 100 - 788 Harbourside Drive North Vancouver, BC V7P 3R7 Canada. The only way we can achieve our dreams and goals is by working together. Aurora Solar was named Rising Star Company. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. Dont stay static, dont stagnate. The data provided from these measurement products provides the means to perform real time diagnostics, control, and equipment optimization quickly and effectively. With headquarters near Vancouver, Canada, Aurora has operations in Sydney, Australia, Shanghai, China, and partners in all major solar manufacturing markets. Contact Aurora Solar Technologies. To achieve the high electrical efficiencies that are now common, strict control of variations in these processes is required during cell manufacturing. That energy can affect communication by messing with the ionosphere, a layer of charged particles in our upper atmosphere. 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. Aurora's products are designed specifically for inline applications in the PV manufacturing industry. Forward-looking statements reflect current expectations of management regarding future events and operating performance as of the date of the MD&A. We decided to go out to the site and measure the house by hand with the homeowner, and in every instance, Aurora was correct. As the sun's local magnetic fields get more tangled and crash into each other, they can explode. BTi, a private Australian company, is an established leader in photoluminescence (PL) imaging tools for PV material inspection and quality control during production, and for laboratory use during product development. Many of the global government measures to contain and prevent the further spread of the virus have had a dramatic impact on the global economy in the terms of supply chain constraints resulting in adapted procedures and proactive pricing policies relating to purchasing, productions, sales and deliveries. On behalf of the Company, we would like to recognize the contributions of David and his energy and guidance will be missed. (, Product Directory The bright light of a solar flare on the left side of . Explore how you can get involved / how we can work together. The BBC reported that auroras were seen in the southern UK on Sunday night and that more were expected in the coming days. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/142681, https://www.newsfilecorp.com/release/142681, UPDATE 1-UK says Ukraine forces under increasingly severe pressure defending Bakhmut, Ukraine Latest: Russian Defense Chief Makes Rare Visit to Troops, In Britain, warm hubs emerge to beat soaring energy costs, INSIGHT-Before fatal collapse, Turkish building had skirted code thanks to Erdogan policy, In Chicago, adapting electric buses to winters challenges. They believe that solar power will dominate the renewable energy field, and their mission is to bring quality and profitability to every customer through superior control of critical . The Company, together with its subsidiaries, develops and markets measurement and quality control systems for laboratory characterization and manufacturing quality assurance in the solar wafer and cell manufacturing industries. During the month of October, Kevin has been in Sydney, Australia to assess BT Imaging operations, listen to employees to support culture and leadership changes and efficiently realize synergies. But if the radiation hits an astronaut in outer space, it can be very dangerous, Owens said. That's when the solar maximum happens. Concurrently, the Board of Directors appointed Kevin Dodds to succeed Mr. Deans as President and CEO of the Company effective 1 October 2022. BTi develops and markets several material inspection and quality control tools. Aurora is an inline solar cell measurement equipment specialist. Average salaries for Aurora Solar Technologies Director Of Technology: $165,000. North Vancouver, British Columbia-- (Newsfile Corp. - November 2, 2022) - Aurora Solar Technologies Inc. (TSXV: ACU) (" Aurora ", the " Company ") is pleased to provide an update regarding the. 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. Message. "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.". Currently the majority of the world's solar product manufacturing is conducted by Chinese companies in China and in other locations, primarily in the Southeast Asia region. 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.