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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. New Energy jobs added daily. From the first impression to project installation, with Aurora, you can provide a personalized solar customer experience that is uncomplicated. "They missed it purely by chance, and it could have been fatal for the astronauts at the time," Owens said. 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. And the latest solar cycle, which peaked around 2010, was particularly quiet and may have lulled us into a false sense of security. 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. 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. Image: Aurora Solar Technologies Inline solar cell measurement equipment specialist Aurora Solar Technologies (AST) has. 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. (, Product Directory At the end of October, BT Imaging held its first board meeting and management operations review since the acquisition. A single solar panel can cost around 400 euros to install, but obviously, this may vary depending on the size and type of system. We exist to support the worlds transition to solar at scale. 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. Aurora's website is located at www.aurorasolartech.com. If youre looking for a mission-driven company where your work will have an impact on a truly global scale, join us and well do it together. With headquarters near Vancouver, Canada, Aurora has operations in Sydney, Australia, Shanghai, China, and partners in all major solar manufacturing markets. The BBC reported that auroras were seen in the southern UK on Sunday night and that more were expected in the coming days. 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. Forward-looking statements reflect current expectations of management regarding future events and operating performance as of the date of the MD&A. If the currents flood the electrical grid, they can blow up transformers. 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. 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. On 11 March 2020, the coronavirus outbreak ("Covid-19") was declared a pandemic by the World Health Organization. The solar or photovoltaic ("PV") energy industry is relatively young, fast-growing, and evolving in importance within the energy sector. Email. We're starting to see some of the effects of these solar flares. 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. The rays can change the magnetic fields in the ionosphere, which can affect GPS signals that have to pierce through that layer to reach Earth. Get the latest stock price for Aurora Solar Technologies Inc. (ACU), plus the latest news, recent trades, charting, insider activity, and analyst ratings. Aurora's momentum has picked up over the last few years, right alongside solar. Granted, radio signals are much less important to basic communications today. BTi's products are used in multiple parts of the PV supply chain -from silicon ingots and wafers, through to finished cells. 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. 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. Aurora Solar Technologies 100-788, Harbourside Drive, North Vancouver, BC, V7P 3R7 Click to show company phone Its proprietary measurement and modeling technologies help. On behalf of the Company, we would like to recognize the contributions of David and his energy and guidance will be missed. Aurora Solar Technologies develops, manufactures and markets inline quality control systems for the solar cell manufacturing industry. Not an offer or recommendation by Stocktwits. Copyright 2023 Surperformance. Can you imagine yourself waking up every morning knowing that youre helping create a more sustainable future? We would have no business, and would not be able to accomplish our mission without our customers. 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. These solar cells are then wired together (typically in groups of 60 or 70 cells) and framed to form modules. "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. Build because you should, not because you can. Perovskite cells hold promise to enhance photovoltaic deployment in a wide range of applications, such as powering vehicles and boats. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. 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. The total consideration issued by Aurora to BTi shareholders for this Acquisition was 62,969,351 common shares and $1,205,310 in cash. 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. Here are some solar technologies in 2022 that we're keeping an eye on. 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. Announces Chief Executive Officer Changes, Aurora Solar Technologies Inc. Its technology improves solar cell efficiency . 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 . One damaged transformer won't cause much of an issue. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis and control systems for solar cell manufacturers. Your customers get a premium experience and you save time. 100% free, no signups. The Company's leadership is evolving following the acquisition of BT Imaging and is the beneficiary of a young, technically smart and motivated team. Dont stay static, dont stagnate. Leverage your professional network, and get hired. Average salaries for Aurora Solar Technologies Director Of Technology: $165,000. Claim your Free Employer Profile. 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. The interaction between these particles creates strong electrical currents that can flood infrastructure on Earth. The Company's capital markets strategy is being updated to support organic growth and inorganic opportunities. This allows advanced cell manufacturers to rapidly and precisely understand when and how to control their production for optimal yield and throughput. The data provided from these measurement products provides the means to perform real time diagnostics, control, and equipment optimization quickly and effectively. Create a highly accurate solar design without having to visit the site, saving time and money during the quoting process. 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. Aurora Solar Technologies is a leader in the development and delivery of inline process control and yield management solutions for solar cell manufacturers. 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. 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. These so-called solar maximums occur roughly every 11 years, and they haven't been much of a problem in the past. We know we can always do better, and we strive to do so every day. Dont take things for granted and challenge assumptionsincluding your own. See disclosure here. The sun is much more likely to throw energy our way during its maxima. 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. What are co-workers like at Aurora Solar Technologies. The sun is a big ball of plasma, heated at its center. We want you to get the best possible results from our products. 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. Weve outclassed our competition so you can conquer yours. The Company follows the orders and recommendations of relevant government health authorities in its operational jurisdictions and continues to evolve operational procedures as required. Aurora Solar Technologies 's ( ACU) Relative Strength Index (RSI) is 35.04, creating a Neutral signal. 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. Aurora Solar Technologies Inc. published this content on 01 March 2023 and is solely responsible for the information contained therein. Further details for this event and instructions for participating will be provided in early September. 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. 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. 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. The Acquisition, the concurrent financing and stock option grant has been approved by the board of directors of 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 . 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. We have monthly wellness classes and workshops. Aurora Solar is a fast growing technology company that enables solar professionals to remotely design and sell solar and storage projects. 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. These forward-looking statements are made as of the date hereof. "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,. The Aurora and BTi businesses are well placed to take advantage of these market trends. 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. Auroras. North Vancouver, British Columbia--(Newsfile Corp. - October 4, 2022) - The Board of Directors of Aurora Solar Technologies Inc. (TSXV: ACU) ("Aurora", the "Company") announced today that Gordon Deans has retired as President and CEO of the Company effective as of October 1, 2022, following 13 years as a Founder and senior executive. To achieve the high electrical efficiencies that are now common, strict control of variations in these processes is required during cell manufacturing. This changing industry landscape and the pace of developments presents ongoing opportunities for high-end process control suppliers of measurement and automated diagnostic technologies. Top editors give you the stories you want delivered right to your inbox each weekday. 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. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Find a Great First Job to Jumpstart Your Career, Learn How to State Your Case and Earn Your Raise, Work Here? 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. By clicking Sign up, you agree to receive marketing emails from Insider 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. 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. Glassdoor gives you an inside look at what it's like to work at Aurora Solar Technologies, including salaries, reviews, office photos, and more. "Then you lose refrigeration, you lose power to hospitals things get quite serious quite rapidly," Owens added. For further information. 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. 100 - 788 Harbourside Drive North Vancouver, BC V7P 3R7 Canada. 14 weeks of parental leave at 100% base salary. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. ", Solar Trade Platform and Directory of Solar Companies, Company Directory It was important to inject energy and direction to the Insight product with a renewed focus on product readiness and commercial validation. place undue reliance on the Company's forward-looking statements. 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. Access your favorite topics in a personalized feed while you're on the go. If you believe there is a better way to do it, speak up! Information is checked, categorised and connected. There isnt a better time to join solar. When we make decisions, we evaluate every idea by its merits, and pursue the best course of action. We can keep accelerating solar growth, together. Aurora Solar Technologies salary trends based on salaries posted anonymously by Aurora Solar Technologies employees. 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. "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. 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. The only way we can achieve our dreams and goals is by working together. Based in North Vancouver, British Columbia. A copy of this Management Discussion and Analysis ("MD&A") will be provided to any applicant upon request. 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. This decision has delivered intended benefits beyond obvious cost savings. Aurora's products are designed specifically for inline applications in the PV manufacturing industry. Message. 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.

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