We decided to go out to the site and measure the house by hand with the homeowner, and in every instance, Aurora was correct. All securities issued pursuant to the private placement are subject to a hold period that expires on December 26, 2022. Aurora Solar Technologies Overview Work Here? Give your sales team everything they need to close in one call: simple guided workflow, interactive consultations and eSignature to close on the spot. We offer an extensive suite of services from measurement and control planning to system installation and post-installation support and optimization. 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. 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. Aurora Solar Technologies Inc. published this content on 01 March 2023 and is solely responsible for the information contained therein. The interaction between these particles creates strong electrical currents that can flood infrastructure on Earth. 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. Aurora and BTi together focus on top-tier manufacturers of PV products who value the benefits of integrated measurement and process control systems and who have known capacity expansion plans. $500 home office stipends, $300/mo for hybrid work, and more. Aurora makes it smoother for everyone to switch to solar energyby transforming the way projects are designed, sold, and delivered. Distributed by Public, unedited and unaltered, on 01 March 2023 22:19:16 UTC. Turkey might be just the right place to go. 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. With headquarters near Vancouver, Canada, Aurora has operations in Shanghai, China and partners in all major solar manufacturing markets. We are a remote first team with office options too. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. 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. We offer a suite of process measurement devices, interlinked with our breakthrough analysis and control systems. There isnt a better time to join solar. BTi develops and markets several material inspection and quality control tools. Aurora's and BT Imaging's products are used by some of the world's most advanced and respected 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. Claim your Free Employer Profile. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis, and control systems for solar cell manufacturers. 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. These so-called solar maximums occur roughly every 11 years, and they haven't been much of a problem in the past. 100% free, no signups. ", Solar Trade Platform and Directory of Solar Companies, Company Directory "Then you lose refrigeration, you lose power to hospitals things get quite serious quite rapidly," Owens added. 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. But several industries use radio signals to back up their other communications systems in case of failure. As these geomagnetic storms crash into the ionosphere, they can make auroras shine big and bright. Aurora Solar Technologies salary trends based on salaries posted anonymously by Aurora Solar Technologies employees. 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. "Space weather can ground flights," Owens said, adding that the Federal Aviation Administration "won't allow flights if they don't have both radio and satellite communications.". Aurora Solar was named Rising Star Company. 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. 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. Aurora Solar Technologies 's ( ACU) Trend Strength Indicator (ADX) is 31.32, creating a Neutral signal. Our products measure and display the results of critical cell fabrication processes, revealing material properties and the performance of manufacturing tools and processes. The Aurora and BTi businesses are well placed to take advantage of these market trends. 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. For further information contact: Jake Bouma Corporate Development Phone: +1 (604) 317-3936 corpcomm@aurorasolartech.com Its proprietary measurement and modeling technologies help. BTi was incorporated in 2007 in the State of New South Wales, Australia as a private limited company to commercialize imaging technology originally developed at the University of New South Wales School of Photovoltaic and Renewable Energy Engineering. We exist to support the worlds transition to solar at scale. These solar cells are then wired together (typically in groups of 60 or 70 cells) and framed to form modules. We're starting to see some of the effects of these solar flares. 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. 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. NASA spotted a rare polar vortexthis month. But we didn't rely as much on electricity back then as we do now; the only thing it knocked out were telegraph lines. Dont accept the status quojust because it is, doesnt mean it has to be. 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 . 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. To achieve the high electrical efficiencies that are now common, strict control of variations in these processes is required during cell manufacturing. 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. (, Product Directory Discussion of the Company, its operations and associated risks are further described in the Company's filings, available for viewing at www.sedar.com. That's when the solar maximum happens. Here are some solar technologies in 2022 that we're keeping an eye on. The solar or photovoltaic ("PV") energy industry is relatively young, fast-growing, and evolving in importance within the energy sector. Check out our video and blog highlighting the phenomenal growth of solar and how Aurora empowers homeowners with a new energy experience. 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. On 11 March 2020, the coronavirus outbreak ("Covid-19") was declared a pandemic by the World Health Organization. Get 20 years of historical ev to assets ratio charts for AACTF stock and other companies. 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. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis and control systems for solar cell manufacturers. All amounts are expressed in Canadian dollars, unless otherwise indicated. If the currents flood the electrical grid, they can blow up transformers. We want you to get the best possible results from our products. 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. Message. place undue reliance on the Company's forward-looking statements. This allows advanced cell manufacturers to rapidly and precisely understand when and how to control their production for optimal yield and throughput. That instability causes havoc in the magnetic fields at the surface of the sun, which become much more active. 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. Aurora Solar is a fast growing technology company that enables solar professionals to remotely design and sell solar and storage projects. Aurora's website is located at www.aurorasolartech.com. Aurora Solar Technologies 's ( ACU) Commodity Channel Index (CCI) is -196.40, creating a Buy signal. The sun is much more likely to throw energy our way during its maxima. 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"). 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 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. This decision has delivered intended benefits beyond obvious cost savings. 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. During cell production, chemical and thermal processes transform the wafers from inert substrates to energy- generating cells. Additional roles may be added at the technical, operational and board level to advance the business in its three locations, Vancouver, Sydney and Shanghai. There are any number of things you could build, but will they all make a significant difference in our clients lives? 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. Stay up to date with what you want to know. Today's top 113 Energy jobs in Mlaga, Andalusia, Spain. Aurora Solar Technologies 100-788, Harbourside Drive, North Vancouver, BC, V7P 3R7 Click to show company phone That could cause problems for air travel. Aurorans, solar professionals, society at largewe are all in this together. Information is checked, categorised and connected. We can keep accelerating solar growth, together. Finally, it is with deep sadness that the Company reports the passing of David Robinson who was a recent addition to the board. 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 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. In that case, Owens said, restarting the grid "could be a matter of weeks or even months.". Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. 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. Certain statements contained in this MD&A may be deemed to be "forward-looking statements". Energy and charged particles from the sun are then ejected into space. 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 . Jake BoumaCorporate DevelopmentPhone: +1 (604) 317-3936corpcomm@aurorasolartech.com. Leading solar companies depend on Aurora to outpace the 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. Aurora Solar Technologies 's ( ACU) Relative Strength Index (RSI) is 35.04, creating a Neutral signal. In the drive to Grid Parity, their unique products, built into the . BTi's products are used in multiple parts of the PV supply chain -from silicon ingots and wafers, through to finished cells. 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. 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. They are found in industrial facilities and virtually all major research institutes throughout Asia, Europe and North America. Aurora's products are used by some of the world's most advanced and respected solar cell manufacturers. 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. Leverage your professional network, and get hired. As the sun's local magnetic fields get more tangled and crash into each other, they can explode. In addition, new market opportunities are expected to emerge in Australia, North America, Asia Pacific and Europe. 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. 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. Changes wont be saved until you sign up for an Enhanced Profile subscription. Copyright 2023 Surperformance. The sun itself might be erupting in more beautiful formations. 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. 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. 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. Solar flares can disrupt radio communications and electric power grids on Earth. 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 is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. Announces President Changes, President, Chief Executive Officer & Director. The only way we can achieve our dreams and goals is by working together. ENF Solar is a definitive directory of solar companies and products. 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. On 7 November 2011, it acquired Aurora Control Technologies Inc. through a reverse takeover and initiated its current business operations. Auroras products are designed specifically for inline applications in the PV manufacturing industry. 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. So far, astronauts have been lucky. Image: Aurora Solar Technologies Inline solar cell measurement equipment specialist Aurora Solar Technologies (AST) has. The bright light of a solar flare on the left side of . In one example, in 1972, US military pilots flying south of Haiphong harbor in North Vietnam saw two dozen sea mines explode in the water without any apparent cause. 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. 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. 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 Announces Chief Executive Officer Changes, Aurora Solar Technologies Inc. Attaining "Grid Parity" with fossil fuel energy sources is the solar industry's most urgent and important challenge. Sign up for notifications from Insider! 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. On demand, permit-ready solar plan sets available from Aurora in 24 hours. We offer a suite of process measurement devices, interlinked with our breakthrough analysis and control systems. 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. Contact Aurora Solar Technologies. 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. The sun also lets off radioactive material called solar energetic particles that can be dangerous to astronauts. We would have no business, and would not be able to accomplish our mission without our customers. Auroras momentum has picked up over the last few years, right alongside solar. 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. 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. 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. 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. First Name. Delayed Bourse de Toronto 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. 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. 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. 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. 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.
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