aurora solar technologies
-aurora solar technologies
All rights reserved. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. 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. 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. This decision has delivered intended benefits beyond obvious cost savings. That's when the solar maximum happens. 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. These solar cells are then wired together (typically in groups of 60 or 70 cells) and framed to form modules. The data provided from these measurement products provides the means to perform real time diagnostics, control, and equipment optimization quickly and effectively. The worst solar storm we've seen happened in 1859. Scientists, however, fear that our reliance on electricity and interconnectivity could mean we're far more vulnerable to their effects this time around. We have to make our customers more productive in their jobs, understanding that doing so adds value to society. 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. Read through customer reviews, check out their past projects and then request a quote from the best solar panel installation companies near you. Weve outclassed our competition so you can conquer yours. ENF Solar is a definitive directory of solar companies and products. Based in North Vancouver, British Columbia. Get the ev to assets ratio charts for Aurora Solar Technologies (AACTF). $500 home office stipends, $300/mo for hybrid work, and more. Let's deliver a new energy experience, one with the simplicity and predictability of a sunrise. Copyright 2023 Surperformance. Claim your Free Employer Profile. All securities issued pursuant to the private placement are subject to a hold period that expires on December 26, 2022. Sign up for notifications from Insider! BT Imaging's website is located at www.btimaging.com. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. But if the radiation hits an astronaut in outer space, it can be very dangerous, Owens said. 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. 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. At the end of October, BT Imaging held its first board meeting and management operations review since the acquisition. Average salaries for Aurora Solar Technologies Director Of Technology: $165,000. Aurora Solar was named Rising Star Company. The following information should be read in conjunction with the unaudited Condensed Interim Consolidated Financial Statements of Aurora Solar Technologies Inc. ("the Company", or "Aurora") for the nine and . 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. Distributed by Public, unedited and unaltered, on 01 March 2023 22:19:16 UTC. 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. 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. Check out our video and blog highlighting the phenomenal growth of solar and how Aurora empowers homeowners with a new energy experience. place undue reliance on the Company's forward-looking statements. 1K followers 500+ connections 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. Access your favorite topics in a personalized feed while you're on the go. Aurora's website is located at www.aurorasolartech.com. 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. ", Solar Trade Platform and Directory of Solar Companies, Company Directory Here's proof: Top residential US solar companies use Aurora, Infinity Energys sales teams proposal time reduction, Project Engineer, Wellspring Components LLC, Training & Development Manager, Semper Solaris, Executive Director of Sales, Semper Solaris, Director of Solar Development, Solar Energy Services, Vice President of Marketing, NY State Solar, VP of Design & Engineering at Infinity Energy. "Aurora Solar currently deals with approximately fifteen of the largest solar manufacturers in the world and they ran a beta product and the customer who's running the beta basically said,. We believe that solar power will be a dominant element in the renewable energy field, and our mission is to bring quality and profitability to every customer through superior control of critical processes during solar cell manufacturing. So far, astronauts have been lucky. Dont take things for granted and challenge assumptionsincluding your own. Forward-looking statements reflect current expectations of management regarding future events and operating performance as of the date of the MD&A. Headquarters. Its proprietary measurement and modeling technologies help. Certain statements contained in this MD&A may be deemed to be "forward-looking statements". 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. Can you imagine yourself waking up every morning knowing that youre helping create a more sustainable future? Dont accept the status quojust because it is, doesnt mean it has to be. Do it for Jared. Phone. The solar or photovoltaic ("PV") energy industry is relatively young, fast-growing, and evolving in importance within the energy sector. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. If the currents flood the electrical grid, they can blow up transformers. Aurora makes it smoother for everyone to switch to solar energyby transforming the way projects are designed, sold, and delivered. 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. Currently, the most common household size is a 4kW solar panel system, which costs approximately 6,500 euros and will take up around 29 square meters of your roof. 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. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022. 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. as well as other partner offers and accept our. 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. Ltd. ("BTi"), a global leader in photoluminescence (PL) imaging tools and instruments for PV material inspection and quality control. 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 Company sends its condolences to David's family and his friends and it will remember to tackle business with enthusiasm, dedication and hard work; the same way as David did in life. Last Name. BTi's R and W series products are used to verify the material effects of these processes on partially or wholly finished cells. Contact Aurora Solar Technologies. 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. 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. Tons of financial metrics for serious investors. On demand, permit-ready solar plan sets available from Aurora in 24 hours. 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 Dont stay static, dont stagnate. 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. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis and control systems for solar cell manufacturers. "Our adverts are very targeted (inverter manufacturer advert on inverter category etc.) Glassdoor gives you an inside look at what it's like to work at Aurora Solar Technologies, including salaries, reviews, office photos, and more. Every 11 years or so, the sun becomes "convectively unstable," meaning its magnetic fields become so unstable that the magnetic north and south poles abruptly flip, throwing our star's polarity out of whack, said Mathew Owens, a professor of space physics at the University of Reading. "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.". The Acquisition, the concurrent financing and stock option grant has been approved by the board of directors of Aurora. Build because you should, not because you can. Get 20 years of historical ev to assets ratio charts for AACTF stock and other companies. There are any number of things you could build, but will they all make a significant difference in our clients lives? 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. Aurora Solar is a fast growing technology company that enables solar professionals to remotely design and sell solar and storage projects. 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. 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. 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. 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. Create a proposal with personalized, permit-quality accuracy with just an address and an electric bill. 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 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. 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. 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. Baker McKenzie LLP acted as Aurora's legal advisor on this transaction. Aurora's momentum has picked up over the last few years, right alongside solar. NASA spotted a rare polar vortexthis month. (, Product Directory From the first impression to project installation, with Aurora, you can provide a personalized solar customer experience that is uncomplicated. how about disabling your ad blocker on ENF? The sun is entering a period of peak activity that will last several years, an expert said. 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. Aurorans, solar professionals, society at largewe are all in this together. These so-called solar maximums occur roughly every 11 years, and they haven't been much of a problem in the past. 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. 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 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. What are co-workers like at Aurora Solar Technologies. 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. T O O UR S HAREHOLDERS . Delayed Bourse de Toronto 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. Changes wont be saved until you sign up for an Enhanced Profile subscription. The sun is a big ball of plasma, heated at its center. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events, or results to differ from those anticipated, estimated or intended. Energy and charged particles from the sun are then ejected into space. 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 the drive to Grid Parity, their unique products, built into the . Aurora's website is located at www.aurorasolartech.com. 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. On 7 November 2011, it acquired Aurora Control Technologies Inc. through a reverse takeover and initiated its current business operations. Top editors give you the stories you want delivered right to your inbox each weekday. 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. 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. is to bring quality and profitability to every customer through superior measurement, visualization and control of critical processes during solar cell manufacturing. 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. 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. 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. Concurrently, the Board of Directors appointed Kevin Dodds to succeed Mr. Deans as President and CEO of the Company effective 1 October 2022. 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. 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. Aurora Solar Technologies Overview Work Here? (, 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. 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. Perovskite cells hold promise to enhance photovoltaic deployment in a wide range of applications, such as powering vehicles and boats. Perovskite Cells Perovskite cells are flexible, lightweight, and low-cost solar cells made using perovskite and organic materials. "Then you lose refrigeration, you lose power to hospitals things get quite serious quite rapidly," Owens added. Our products provide rapid payback, with ongoing profitability for our customers. These and other factors should be considered carefully, and thus, readers should not. 100% free, no signups. We decided to go out to the site and measure the house by hand with the homeowner, and in every instance, Aurora was correct. See disclosure here. 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. Aurora Solar Technologies Inc. is a leader in the development and delivery of inline process control and yield management solutions for solar cell manufacturers. Owens said that if the 1859 solar storm were to happen today, we'd be "far more susceptible.". Information is checked, categorised and connected. 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. Still, a space-weather event in 1989 shows just how vulnerable we've become: A huge geomagnetic storm on March 13 cut power for 6 million people in Quebec for nine hours. 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 products are used in multiple parts of the PV supply chain -from silicon ingots and wafers, through to finished cells. There isnt a better time to join solar. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. First Name. All content is posted anonymously by employees working at Aurora Solar Technologies. 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. Our products measure and display the results of critical cell fabrication processes, revealing material properties and the performance of manufacturing tools and processes. Aurora Solar Technologies develops, manufactures and markets inline quality control systems for the solar cell manufacturing industry. This changing industry landscape and the pace of developments presents ongoing opportunities for high-end process control suppliers of measurement and automated diagnostic technologies. View Products Services We want you to get the best possible results from our products. This means the sun will produce more solar flares, or powerful bursts of energy. Our solar platform transforms the process of designing, selling, and delivering projects. 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. 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. We want you to get the best possible results from our products. Email. In that case, Owens said, restarting the grid "could be a matter of weeks or even months.". 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. 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" Additional roles may be added at the technical, operational and board level to advance the business in its three locations, Vancouver, Sydney and Shanghai. It was important to inject energy and direction to the Insight product with a renewed focus on product readiness and commercial validation. 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. But several industries use radio signals to back up their other communications systems in case of failure. 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 sun itself might be erupting in more beautiful formations. On behalf of the Company, we would like to recognize the contributions of David and his energy and guidance will be missed. 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. These forward-looking statements are made as of the date hereof. A 2018 study looking at space weather at the time concluded that the cause was a huge solar storm. Aurora Solar Technologies Inc. develops and markets inline measurement, visualization and control systems for the photovoltaic manufacturing industry. Aurora's products are used by some of the world's most advanced and respected solar cell manufacturers. To achieve the high electrical efficiencies that are now common, strict control of variations in these processes is required during cell manufacturing. BTi develops and markets several material inspection and quality control tools. 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. 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. 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 sun may be waking up after almost a decade of relative calm, scientists say and that could cause problems on Earth. That could cause problems for air travel. This business combination is expected to accelerate Aurora's growth by combining BTi's quality control tools with Aurora's InsightTM data science platform. We believe that solar energy is key to creating a better future. "They missed it purely by chance, and it could have been fatal for the astronauts at the time," Owens said. As the sun's local magnetic fields get more tangled and crash into each other, they can explode. 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 . By clicking Sign up, you agree to receive marketing emails from Insider Aurora Solar Technologies salary trends based on salaries posted anonymously by Aurora Solar Technologies employees. We would have no business, and would not be able to accomplish our mission without our customers. Move fast and scale your sales and design operations with powerful artificial intelligence. 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 . Discover what makes the Aurora platform the most accurate, profitable waytodeliver every stage of the solar product lifecycle. The only way we can achieve our dreams and goals is by working together. Aurora Solar Technologies is a leader in the development and delivery of inline process control and yield management solutions for solar cell manufacturers. 100 - 788 Harbourside Drive North Vancouver, BC V7P 3R7 Canada. Not an offer or recommendation by Stocktwits. Aurora's website is located at www.aurorasolartech.com. Take the time you need for the moments that matter. "And they're nearly always there, but they become very much stronger when we've got a geomagnetic storm going on.". And the latest solar cycle, which peaked around 2010, was particularly quiet and may have lulled us into a false sense of security.