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. Further details for this event and instructions for participating will be provided in early September. ", Solar Trade Platform and Directory of Solar Companies, Company Directory Information is checked, categorised and connected. Aurora's website is located at www.aurorasolartech.com. (, Product Directory 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. Aurora Solar Technologies 's ( ACU) Commodity Channel Index (CCI) is -196.40, creating a Buy signal. 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. 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 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. Aurora Heredia Snchez Digital Marketing Specialist | Team Leader Mlaga, Andalusia, Spain. We have monthly wellness classes and workshops. MARKET POSITION AND DEVELOPMENT, AND IMPACT OF THE COVID-19PANDEMIC. This means the sun will produce more solar flares, or powerful bursts of energy. With headquarters near Vancouver, Canada, Aurora has operations in Shanghai, China and partners in all major solar manufacturing markets. "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,. 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. Image: Aurora Solar Technologies Inline solar cell measurement equipment specialist Aurora Solar Technologies (AST) has. (www.sedar.com). We offer a suite of process measurement devices, interlinked with our breakthrough analysis and control systems. "Then you lose refrigeration, you lose power to hospitals things get quite serious quite rapidly," Owens added. 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. 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. products are used by some of the worlds most advanced and respected solar cell manufacturers. 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. AACTF Aurora Solar Technologies Inc 1,127 $0.0392 $0.0027 (7.40%) Today $0.00 0.00 (0.00%) After Hours Market Cap $8.67M 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. We believe that solar energy is key to creating a better future. This changing industry landscape and the pace of developments presents ongoing opportunities for high-end process control suppliers of measurement and automated diagnostic technologies. BTi's products are used in multiple parts of the PV supply chain -from silicon ingots and wafers, through to finished cells. But several industries use radio signals to back up their other communications systems in case of failure. Get the ev to assets ratio charts for Aurora Solar Technologies (AACTF). 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. "And they're nearly always there, but they become very much stronger when we've got a geomagnetic storm going on.". Do it for Jared. Message. Discussion of the Company, its operations and associated risks are further described in the Company's filings, available for viewing at www.sedar.com. Top editors give you the stories you want delivered right to your inbox each weekday. 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. A 2018 study looking at space weather at the time concluded that the cause was a huge solar storm. In that case, Owens said, restarting the grid "could be a matter of weeks or even months.". On 7 November 2011, it acquired Aurora Control Technologies Inc. through a reverse takeover and initiated its current business operations. Explore how you can get involved / how we can work together. During cell production, chemical and thermal processes transform the wafers from inert substrates to energy- generating cells. But we didn't rely as much on electricity back then as we do now; the only thing it knocked out were telegraph lines. Jake BoumaCorporate DevelopmentPhone: +1 (604) 317-3936corpcomm@aurorasolartech.com. 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. A 2023 study looking at flight records over 22 years found that planes were 21% more likely to be delayed by at least 30 minutes when the sun was very active. 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 is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. Aurora makes it smoother for everyone to switch to solar energyby transforming the way projects are designed, sold, and delivered. Before you hire a solar panel installation company in Vlez-Mlaga, Andalusia, shop through our network of over 7 local solar panel installation companies. Wafer and cell forms and configurations have all changed, with continually increasing sizes and performance demands. The sun is much more likely to throw energy our way during its maxima. Energy and charged particles from the sun are then ejected into space. 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. (, 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. These solar cells are then wired together (typically in groups of 60 or 70 cells) and framed to form modules. 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 . Leading solar companies depend on Aurora to outpace the industry. The BBC reported that auroras were seen in the southern UK on Sunday night and that more were expected in the coming days. Join us to create a future of solar energy for all. And when you do, build it well. 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. 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. Any financing will be tied to a disciplined approach to deploy capital relative to its market opportunity. 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 addition, new market opportunities are expected to emerge in Australia, North America, Asia Pacific and Europe. Create a highly accurate solar design without having to visit the site, saving time and money during the quoting process. For further information contact: Jake Bouma Corporate Development Phone: +1 (604) 317-3936 corpcomm@aurorasolartech.com When we make decisions, we evaluate every idea by its merits, and pursue the best course of action. Turkey might be just the right place to go. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. Our products measure and display the results of critical cell fabrication processes, revealing material properties and the performance of manufacturing tools and processes. 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. 14 weeks of parental leave at 100% base salary. 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. New Energy jobs added daily. We exist to support the worlds transition to solar at scale. Based in North Vancouver, British Columbia. Owens said that if the 1859 solar storm were to happen today, we'd be "far more susceptible.". Today's top 113 Energy jobs in Mlaga, Andalusia, Spain. place undue reliance on the Company's forward-looking statements. 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. There isnt a better time to join solar. The worst solar storm we've seen happened in 1859. 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. BTi's R and W series products are used to verify the material effects of these processes on partially or wholly finished cells. That instability causes havoc in the magnetic fields at the surface of the sun, which become much more active. For further information. Perovskite cells hold promise to enhance photovoltaic deployment in a wide range of applications, such as powering vehicles and boats. Finally, it is with deep sadness that the Company reports the passing of David Robinson who was a recent addition to the board. 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. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis and control systems for solar cell manufacturers. We're starting to see some of the effects of these solar flares. 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. Aurora Solar Technologies Inc. is a leader in the development and delivery of inline process control and yield management solutions for solar cell manufacturers. Delayed Bourse de Toronto 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. If youre reading this, you probably agree. But if the radiation hits an astronaut in outer space, it can be very dangerous, Owens said. 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. Our solar platform transforms the process of designing, selling, and delivering projects. 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. 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. A finders fee of $18,375 was paid and 183,750 finders warrant were issued which are exercisable into common shares at $0.20 for a period of one year. 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. 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. Phone. We offer a suite of process measurement devices, interlinked with our breakthrough analysis and control systems. 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. Last Name. Scientists, however, fear that our reliance on electricity and interconnectivity could mean we're far more vulnerable to their effects this time around. These so-called solar maximums occur roughly every 11 years, and they haven't been much of a problem in the past. Scientists are also learning more and more about our sun. 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. Dont accept the status quojust because it is, doesnt mean it has to be. 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. "They missed it purely by chance, and it could have been fatal for the astronauts at the time," Owens said. $500 home office stipends, $300/mo for hybrid work, and more. Get 20 years of historical ev to assets ratio charts for AACTF stock and other companies. BT Imaging's website is located at www.btimaging.com. All securities issued pursuant to the private placement are subject to a hold period that expires on December 26, 2022. 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 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. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. Our products measure and display the results of critical cell fabrication processes, revealing material properties and the performance of manufacturing tools and processes. Access your favorite topics in a personalized feed while you're on the go. See how the latest advancements in Aurora and HelioScope are making solar sales, design and delivery easier and faster. Aurora Solar Technologies Inc. published this content on 01 March 2023 and is solely responsible for the information contained therein. 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. These forward-looking statements are made as of the date hereof. Granted, radio signals are much less important to basic communications today. We know we can always do better, and we strive to do so every day. 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. Copyright 2023 Surperformance. 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 is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. Aurora Solar Technologies 's ( ACU) Relative Strength Index (RSI) is 35.04, creating a Neutral signal. From the first impression to project installation, with Aurora, you can provide a personalized solar customer experience that is uncomplicated. 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. Announces Chief Executive Officer Changes, Aurora Solar Technologies Inc. To achieve the high electrical efficiencies that are now common, strict control of variations in these processes is required during cell manufacturing. 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. Stay up to date with what you want to know. Still, we're not in immediate danger. The solar or photovoltaic ("PV") energy industry is relatively young, fast-growing, and evolving in importance within the energy sector. The only way we can achieve our dreams and goals is by working together. 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 is a leader in the development and delivery of inline process control and yield management solutions for solar cell manufacturers. They are found in industrial facilities and virtually all major research institutes throughout Asia, Europe and North America. 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. We are a remote first team with office options too. Certain statements contained in this MD&A may be deemed to be "forward-looking statements". 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. Dont take things for granted and challenge assumptionsincluding your own. 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: All other material transaction terms remain unchanged. 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. This allows advanced cell manufacturers to rapidly and precisely understand when and how to control their production for optimal yield and throughput. Aurora Solar Technologies Overview Work Here? Headquarters. We have to make our customers more productive in their jobs, understanding that doing so adds value to society. 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