Aurora Solar Technologies 's ( ACU) Commodity Channel Index (CCI) is -196.40, creating a Buy signal. We offer an extensive suite of services from measurement and control planning to system installation and post-installation support and optimization. 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. The Company's leadership is evolving following the acquisition of BT Imaging and is the beneficiary of a young, technically smart and motivated team. 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: 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. 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. 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. The Aurora and BTi businesses are well placed to take advantage of these market trends. Wafer and cell forms and configurations have all changed, with continually increasing sizes and performance demands. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. 1K followers 500+ connections This acquisition broadens the combined business by product and its process control systems capability along with diversifying sales by customer, product and geographic region. 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. In the drive to Grid Parity, their unique products, built into the . Aurora's momentum has picked up over the last few years, right alongside solar. Image: Aurora Solar Technologies Inline solar cell measurement equipment specialist Aurora Solar Technologies (AST) has. Any financing will be tied to a disciplined approach to deploy capital relative to its market opportunity. 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. Can you imagine yourself waking up every morning knowing that youre helping create a more sustainable future? 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. 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. 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. If the currents flood the electrical grid, they can blow up transformers. 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. 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. 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. Message. The sun is a big ball of plasma, heated at its center. T O O UR S HAREHOLDERS . These solar cells are then wired together (typically in groups of 60 or 70 cells) and framed to form modules. During cell production, chemical and thermal processes transform the wafers from inert substrates to energy- generating cells. The Company's December 2022 quarter will be the first consolidated one after the cost intensive September quarter that includes large one-time acquisition costs. Here are some solar technologies in 2022 that we're keeping an eye on. The volume and breadth of PV manufacturing have increased dramatically over recent years, right across the industry, and the pace of change is not slowing with new government initiatives recently announced in Australia, North America, and Europe. 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. Top editors give you the stories you want delivered right to your inbox each weekday. Perovskite Cells Perovskite cells are flexible, lightweight, and low-cost solar cells made using perovskite and organic materials. Find those that will, and focus on what truly matters. M ANAGEMENT D ISCUSSION AND A NALYSIS . Join us to create a future of solar energy for all. An invigorated organizational structure has been implemented which includes the appointment of Chao (Hunter) Shen as General Manager of BT Imaging with profit and loss responsibilities, Tricia Pederson as Chief Financial Officer with corresponding operational responsibilities, and Sal Sanci in charge of Technology and Development with corresponding operational responsibilities. Phone. We value and celebrate great contributions, but ultimately, it is the outcome that matters. 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. "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. 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. Aurora Solar Technologies, Inc. provides inline measurement, visualization, and control systems for the photovoltaic product manufacturing industry. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. With headquarters near Vancouver, Canada, Aurora has operations in Shanghai, China, and partners in all major solar manufacturing markets. Solar flares can disrupt radio communications and electric power grids on Earth. 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 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. But we didn't rely as much on electricity back then as we do now; the only thing it knocked out were telegraph lines. 100% free, no signups. 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 . "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,. 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. 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. These forward-looking statements are made as of the date hereof. The plasma, which is made of charged particles, boils toward the surface, cools down, and sinks back toward the core again. Create a highly accurate solar design without having to visit the site, saving time and money during the quoting process. Forward-looking statements reflect current expectations of management regarding future events and operating performance as of the date of the MD&A. Due to advancements in solar energy technology, the . But several industries use radio signals to back up their other communications systems in case of failure. 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. 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. Its technology improves solar cell efficiency . 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. And when you do, build it well. "They missed it purely by chance, and it could have been fatal for the astronauts at the time," Owens said. 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. 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. That energy can affect communication by messing with the ionosphere, a layer of charged particles in our upper atmosphere. 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. We have to make our customers more productive in their jobs, understanding that doing so adds value to society. 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. On behalf of the Company, we would like to recognize the contributions of David and his energy and guidance will be missed. Create a proposal with personalized, permit-quality accuracy with just an address and an electric bill. We would have no business, and would not be able to accomplish our mission without our customers. This can trigger some bizarre phenomena. Scientists, however, fear that our reliance on electricity and interconnectivity could mean we're far more vulnerable to their effects this time around. Granted, radio signals are much less important to basic communications today. 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. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. These measures have had a dramatic impact on the global economy in terms of supply chain constraints resulting in adopted procedures and proactive pricing policies relating to purchasing, production, sales, and deliveries. 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. We decided to go out to the site and measure the house by hand with the homeowner, and in every instance, Aurora was correct. Certain statements contained in this MD&A may be deemed to be "forward-looking statements". Aurora Solar Technologies is a leader in the development and delivery of inline process control and yield management solutions for solar cell manufacturers. 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. 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. A single solar panel can cost around 400 euros to install, but obviously, this may vary depending on the size and type of system. The Company recognizes there is room to improve based on the confidence of this adapted strategy. We offer a suite of process measurement devices, interlinked with our breakthrough analysis and control systems. 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. The data provided from these measurement products provides the means to perform real time diagnostics, control, and equipment optimization quickly and effectively. The Company's capital markets strategy is being updated to support organic growth and inorganic opportunities. Access your favorite topics in a personalized feed while you're on the go. We have monthly wellness classes and workshops. 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. 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. is to bring quality and profitability to every customer through superior measurement, visualization and control of critical processes during solar cell manufacturing. Our products measure and display the results of critical cell fabrication processes, revealing material properties and the performance of manufacturing tools and processes. For further information contact: Jake Bouma Corporate Development Phone: +1 (604) 317-3936 corpcomm@aurorasolartech.com Phone: +1 (778) 241 5000 There are any number of things you could build, but will they all make a significant difference in our clients lives? 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. BTi's products are used in multiple parts of the PV supply chain -from silicon ingots and wafers, through to finished cells. "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. Concurrently, the Board of Directors appointed Kevin Dodds to succeed Mr. Deans as President and CEO of the Company effective 1 October 2022. Aurora Solar Technologies 's ( ACU) Trend Strength Indicator (ADX) is 31.32, creating a Neutral signal. Sign up for notifications from Insider! 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. The bright light of a solar flare on the left side of . Aurorans, solar professionals, society at largewe are all in this together. Give your sales team everything they need to close in one call: simple guided workflow, interactive consultations and eSignature to close on the spot. A 2018 study looking at space weather at the time concluded that the cause was a huge solar storm. The sun may be waking up after almost a decade of relative calm, scientists say and that could cause problems on Earth. That instability causes havoc in the magnetic fields at the surface of the sun, which become much more active. 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. Distributed by Public, unedited and unaltered, on 01 March 2023 22:19:16 UTC. 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. "And they're nearly always there, but they become very much stronger when we've got a geomagnetic storm going on.". Currency in CAD. NASA spotted a rare polar vortexthis month. With headquarters near Vancouver, Canada, Aurora has operations in Sydney, Australia, Shanghai, China, and partners in all major solar manufacturing markets. And the latest solar cycle, which peaked around 2010, was particularly quiet and may have lulled us into a false sense of security. BTi's R and W series products are used to verify the material effects of these processes on partially or wholly finished cells. Medical, Dental, and Vision plans are 100% covered. As the geomagnetic storm messes with the ionosphere's magnetic charge, it creates currents in the ionosphere. "Then you lose refrigeration, you lose power to hospitals things get quite serious quite rapidly," Owens added. Headquarters. Today's top 113 Energy jobs in Mlaga, Andalusia, Spain. 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. 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. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. 14 weeks of parental leave at 100% base salary. This decision has delivered intended benefits beyond obvious cost savings. Not an offer or recommendation by Stocktwits. Delayed Bourse de Toronto We value your teammates and the different perspectives they bring and respect, and celebrate our differences. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis and control systems for solar cell manufacturers. as well as other partner offers and accept our. 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. Auroras products are designed specifically for inline applications in the PV manufacturing industry. 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. These so-called solar maximums occur roughly every 11 years, and they haven't been much of a problem in the past. That motion, called convection, is what creates strong magnetic fields at the poles and smaller, local magnetic fields at the surface of the sun. Engage homeowners with an instant, personalized 3D solar estimate that builds your brand credibility and makes you stand out from the rest. Information is checked, categorised and connected. 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. 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. All rights reserved. As the sun's local magnetic fields get more tangled and crash into each other, they can explode. Glassdoor gives you an inside look at what it's like to work at Aurora Solar Technologies, including salaries, reviews, office photos, and more. Aurora's website is located at www.aurorasolartech.com. 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. All content is posted anonymously by employees working at Aurora Solar Technologies. Email. 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. 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. Claim your Free Employer Profile. Our solar platform transforms the process of designing, selling, and delivering projects. 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. Owens said that if the 1859 solar storm were to happen today, we'd be "far more susceptible.". All amounts are expressed in Canadian dollars, unless otherwise indicated. Read through customer reviews, check out their past projects and then request a quote from the best solar panel installation companies near you. On 7 November 2011, it acquired Aurora Control Technologies Inc. through a reverse takeover and initiated its current business operations. 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. 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. We are a remote first team with office options too. Turkey might be just the right place to go. Announces Passing of Board Member, David Robinson, Aurora Solar Technologies Corporate Update Regarding Leadership, Aurora Solar Technologies Inc. Scientists are also learning more and more about our sun. Contact Aurora Solar Technologies. Get the ev to assets ratio charts for Aurora Solar Technologies (AACTF). Attaining "Grid Parity" with fossil fuel energy sources is the solar industry's most urgent and important challenge. Products - Aurora Solartech Products DM and TCM Instruments Non-contact measurement of key wafer properties accurately and reliably at full production speeds The DM sensors use safe infrared light to measure key properties of crystalline silicon photovoltaic (PV) wafers.