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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. 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. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company and/or its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. FOR THE NINE AND THREE MONTHS ENDED 31 DECEMBER 2022 AND 2021, Market Position and Development and Impact of the Covid-19 Pandemic, Highlights, Significant Events And Transactions During The Period, Significant Events and Transactions Subsequent to the Period End, Liquidity and Financial Condition of the Company. Aurora Solar Technologies Inc. published this content on 01 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 March 2023 22:19:16 UTC. "The aurora oval that sits up over the northern and southern poles is a result of currents flowing in the Earth's atmosphere," Owens said. The Aurora and BTi businesses are well placed to take advantage of these market trends. Let's deliver a new energy experience, one with the simplicity and predictability of a sunrise. variations. Claim your Free Employer Profile. This means the sun will produce more solar flares, or powerful bursts of energy. Aurora Solar Technologies 's ( ACU) Commodity Channel Index (CCI) is -196.40, creating a Buy signal. 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. AACTF Stock | News | AURORA SOLAR TECHNOLOGIES Stock Price Today Stay up to date with what you want to know. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, investors are cautioned that such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. 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. 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. 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. All rights reserved. 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. All amounts are expressed in Canadian dollars, unless otherwise indicated. Aurora Solar Technologies is a leader in the development and delivery of inline process control and yield management solutions for solar cell manufacturers. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. Perovskite cells hold promise to enhance photovoltaic deployment in a wide range of applications, such as powering vehicles and boats. All content is posted anonymously by employees working at Aurora Solar Technologies. 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. We have monthly wellness classes and workshops. $500 home office stipends, $300/mo for hybrid work, and more. That instability causes havoc in the magnetic fields at the surface of the sun, which become much more active. 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. (, Product Directory 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 Solar Technologies 's ( ACU) Trend Strength Indicator (ADX) is 31.32, creating a Neutral signal. Auroras products are designed specifically for inline applications in the PV manufacturing industry. as well as other partner offers and accept our. Image: Aurora Solar Technologies Inline solar cell measurement equipment specialist Aurora Solar Technologies (AST) has. Announces Chief Executive Officer Changes, Aurora Solar Technologies Inc. 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. Solar Technology to Watch in 2022 and Beyond | Aurora Solar 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" 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. Join us to create a future of solar energy for all. Humans on Earth are shielded from that radiation, as most of it bounces off the ionosphere and the rest is absorbed by the atmosphere. Granted, radio signals are much less important to basic communications today. Its technology improves solar cell efficiency . "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. The sun also lets off radioactive material called solar energetic particles that can be dangerous to astronauts. Sun Is About to Get More Active, Sending Grid-Disrupting Solar Storms Message. 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. Leading solar companies depend on Aurora to outpace the industry. 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. Weve outclassed our competition so you can conquer yours. Aurora Solar Technologies Inc. Profile - SEDAR 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. 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. Software Engineer, Computational Scientist, Product Marketing Manager, Competitive Intelligence. Scientists, however, fear that our reliance on electricity and interconnectivity could mean we're far more vulnerable to their effects this time around. 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. 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. 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. Get 20 years of historical ev to assets ratio charts for AACTF stock and other companies. This allows advanced cell manufacturers to rapidly and precisely understand when and how to control their production for optimal yield and throughput. Wafer and cell forms and configurations have all changed, with continually increasing sizes and performance demands. Aurora is an inline solar cell measurement equipment specialist. Aurora's website is located at www.aurorasolartech.com. 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. 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. These and other factors should be considered carefully, and thus, readers should not. These solar cells are then wired together (typically in groups of 60 or 70 cells) and framed to form modules. Dont accept the status quojust because it is, doesnt mean it has to be. "Then you lose refrigeration, you lose power to hospitals things get quite serious quite rapidly," Owens added. Aurora Solar Technologies Corporate Update If you believe there is a better way to do it, speak up! Aurora Solar Technologies Inc. (ACU) | TSXV Stock Price | TMX Money (www.sedar.com). The BBC reported that auroras were seen in the southern UK on Sunday night and that more were expected in the coming days. Aurora Heredia Snchez Digital Marketing Specialist | Team Leader Mlaga, Andalusia, Spain. Still, we're not in immediate danger. Solar Panels Malaga Spain Installer. With English speaking staff! Jake BoumaCorporate DevelopmentPhone: +1 (604) 317-3936corpcomm@aurorasolartech.com. 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. Forward-looking statements reflect current expectations of management regarding future events and operating performance as of the date of the MD&A. As such the combined business has sales and technical service facilities in China with sales, product development and technical support in Sydney, Australia and Vancouver, Canada. 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. Finally, it is with deep sadness that the Company reports the passing of David Robinson who was a recent addition to the board. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis and control systems for solar cell manufacturers. Aurora Solar Technologies to acquire BT Imaging to accelerate growth This decision has delivered intended benefits beyond obvious cost savings. These forward-looking statements are made as of the date hereof. 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. 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. 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 Gordon Deans has retired as President and CEO of the Company effective as of October 1, 2022, following 13 years as a Founder and senior executive. Copyright 2023 Surperformance. We offer a suite of process measurement devices, interlinked with our breakthrough analysis and control systems. We can. Aurora Solar was named Rising Star Company. Read through customer reviews, check out their past projects and then request a quote from the best solar panel installation companies near you. Access your favorite topics in a personalized feed while you're on the go. A copy of this Management Discussion and Analysis ("MD&A") will be provided to any applicant upon request. Physicists predict that this cycle will not be the biggest we've ever seen, and we're getting better at spotting storms to be able to prepare for them. Our products measure and display the results of critical cell fabrication processes, revealing material properties and the performance of manufacturing tools and processes. "Our adverts are very targeted (inverter manufacturer advert on inverter category etc.) Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. That's when the solar maximum happens. Aurora Solartech - Measure Visualize Control To view the source version of this press release, please visit https://www.newsfilecorp.com/release/134935, https://www.newsfilecorp.com/release/134935, 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. place undue reliance on the Company's forward-looking statements. Tons of financial metrics for serious investors. 113 Energy jobs in Mlaga, Andalusia, Spain (2 new) 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. 14 weeks of parental leave at 100% base salary. Attaining "Grid Parity" with fossil fuel energy sources is the solar industry's most urgent and important challenge. From the first impression to project installation, with Aurora, you can provide a personalized solar customer experience that is uncomplicated. 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. "We are delighted to have completed this important acquisition, as a key element of our growth and market development strategy in process control and yield management solutions for the PV industry. View Products Services We want you to get the best possible results from our products. Do it for Jared. In addition, the combined business is beginning to show signs of diversification with a new Insight evaluation deployed last week in Malaysia with one of the world's largest PV manufactures. Keep asking questions and keep challenging yourself. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis and control systems for solar cell manufacturers. Concurrently, the Board of Directors appointed Kevin Dodds to succeed Mr. Deans as President and CEO of the Company effective 1 October 2022. 100% free, no signups. Auroras momentum has picked up over the last few years, right alongside solar. The goal is to determine Insight product viability through a commercial outcome prior to the end of the current calendar year. Currency in CAD. We exist to support the worlds transition to solar at scale. If youre reading this, you probably agree. Our solar platform transforms the process of designing, selling, and delivering projects. 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. Aurora Solar Technologies 's ( ACU) Relative Strength Index (RSI) is 35.04, creating a Neutral signal. 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. Delayed Bourse de Toronto 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? On August 25, 2022, Aurora acquired 100% of the outstanding share capital of BT Imaging Pty. Aurora's products are designed specifically for inline applications in the PV manufacturing industry. Further details for this event and instructions for participating will be provided in early September. This acquisition broadens the combined business by product and its process control systems capability along with diversifying sales by customer, product and geographic region. In context of the Covid-19 pandemic, both BTi and Aurora continue to place a high priority on the health and safety of its employees and their families. 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. Information is checked, categorised and connected. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. One damaged transformer won't cause much of an issue. We know we can always do better, and we strive to do so every day. Aurora's momentum has picked up over the last few years, right alongside solar. 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. Each Unit consists of one common share of the Company and one share purchase warrant to acquire a common share of the Company at an exercise price of $0.20 for a period of one year. Our products measure and display the results of critical cell fabrication processes, revealing material properties and the performance of manufacturing tools and processes. What are co-workers like at Aurora Solar Technologies. At the end of October, BT Imaging held its first board meeting and management operations review since the acquisition. "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.". 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. Contact - Aurora Solartech And the latest solar cycle, which peaked around 2010, was particularly quiet and may have lulled us into a false sense of security. 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. First Name. Create a highly accurate solar design without having to visit the site, saving time and money during the quoting process. Today's top 113 Energy jobs in Mlaga, Andalusia, Spain. CAPTCHA. 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. About Aurora | Aurora Solar 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. As these geomagnetic storms crash into the ionosphere, they can make auroras shine big and bright. 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. "They missed it purely by chance, and it could have been fatal for the astronauts at the time," Owens said. The solar or photovoltaic ("PV") energy industry is relatively young, fast-growing, and evolving in importance within the energy sector. 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 interaction between these particles creates strong electrical currents that can flood infrastructure on Earth. Here are some solar technologies in 2022 that we're keeping an eye on. Dont stay static, dont stagnate. 1K followers 500+ connections 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. Radio signals sent from Earth also need to bounce off the ionosphere to get from one point to the other that's less efficient in rough space weather. 100 - 788 Harbourside Drive North Vancouver, BC V7P 3R7 Canada. Aurora's products are used by some of the world's most advanced and respected solar cell manufacturers. Aurora Solar Technologies Overview Work Here? Aurora Solar Technologies Provides an Update on Its Insight (TM) Data Science Product and Associated Strategic Initiatives Aurora Solar Technologies Provides an Update on Its Insight (TM) Data. Aurora's website is located at www.aurorasolartech.com. 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. 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. A 2018 study looking at space weather at the time concluded that the cause was a huge solar storm. All answers shown come directly from Aurora Solar Technologies Reviews and are not edited or altered. We're starting to see some of the effects of these solar flares. MARKET POSITION AND DEVELOPMENT, AND IMPACT OF THE COVID-19PANDEMIC. Check out our video and blog highlighting the phenomenal growth of solar and how Aurora empowers homeowners with a new energy experience. All other material transaction terms remain unchanged. The sun is much more likely to throw energy our way during its maxima. So far, we've been lucky. 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. 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. Due to advancements in solar energy technology, the . 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 BT Imaging Pty Ltd. (the "Acquisition") (please refer to the Company's news releases dated March 3, 2022, May 31, 2022, July 5 and July 28, 2022) has been completed effective August 25, 2022 in Vancouver, Canada and August 26, 2022 in Sydney, Australia. products are used by some of the worlds most advanced and respected solar cell manufacturers. We are a remote first team with office options too. Aurora Solar's platform uses computer vision to help solar companies rapidly design systems tailored to customers' specific needs. 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. 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. Average salaries for Aurora Solar Technologies Director Of Technology: $165,000. With each decade, we become more dependent on electrical infrastructure, he said. But several industries use radio signals to back up their other communications systems in case of failure. See how the latest advancements in Aurora and HelioScope are making solar sales, design and delivery easier and faster. We want you to get the best possible results from our products. The Company's objective for this new Insight evaluation is to obtain technical acceptance within sixty days of deployment together with a commercial arrangement secured to confirm product viability. As part of the Company's renewed focus, it is now in the process of delivering an important reporting milestone for the existing Insight evaluation project in China which is the basis for negotiating a commercial outcome.