variations. 14 weeks of parental leave at 100% base salary. 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. Auroras momentum has picked up over the last few years, right alongside solar. 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. These so-called solar maximums occur roughly every 11 years, and they haven't been much of a problem in the past. Scientists, however, fear that our reliance on electricity and interconnectivity could mean we're far more vulnerable to their effects this time around. Average salaries for Aurora Solar Technologies Director Of Technology: $165,000. Aurora is an inline solar cell measurement equipment specialist. Aurora Solar was named Rising Star Company. We believe that solar energy is key to creating a better future. "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 is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. For further information contact: Jake Bouma Corporate Development Phone: +1 (604) 317-3936 corpcomm@aurorasolartech.com The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements whether as a result of new information or future events or otherwise, except as may be required by law. Aurora Solar Technologies Inc. (ACU) | TSXV Stock Price | TMX Money Finally, it is with deep sadness that the Company reports the passing of David Robinson who was a recent addition to the board. 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. BTi's products are used in multiple parts of the PV supply chain -from silicon ingots and wafers, through to finished cells. Email. Weve outclassed our competition so you can conquer yours. 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. 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. On demand, permit-ready solar plan sets available from Aurora in 24 hours. Aurorans, solar professionals, society at largewe are all in this together. From the first impression to project installation, with Aurora, you can provide a personalized solar customer experience that is uncomplicated. To achieve the high electrical efficiencies that are now common, strict control of variations in these processes is required during cell manufacturing. All other material transaction terms remain unchanged. On 7 November 2011, it acquired Aurora Control Technologies Inc. through a reverse takeover and initiated its current business operations. 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. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. 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. 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. 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 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. Read through customer reviews, check out their past projects and then request a quote from the best solar panel installation companies near you. MARKET POSITION AND DEVELOPMENT, AND IMPACT OF THE COVID-19PANDEMIC. For further information. About Aurora | Aurora Solar Keep asking questions and keep challenging yourself. 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. The total consideration issued by Aurora to BTi shareholders for this Acquisition was 62,969,351 common shares and $1,205,310 in cash. And the latest solar cycle, which peaked around 2010, was particularly quiet and may have lulled us into a false sense of security. Aurora's website is located at www.aurorasolartech.com. 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. Let's deliver a new energy experience, one with the simplicity and predictability of a sunrise. 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. is to bring quality and profitability to every customer through superior measurement, visualization and control of critical processes during solar cell manufacturing. 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 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 . Top editors give you the stories you want delivered right to your inbox each weekday. This acquisition broadens the combined business by product and its process control systems capability along with diversifying sales by customer, product and geographic region. That motion, called convection, is what creates strong magnetic fields at the poles and smaller, local magnetic fields at the surface of the sun. During cell production, chemical and thermal processes transform the wafers from inert substrates to energy- generating cells. The sun is entering a period of peak activity that will last several years, an expert said. But several industries use radio signals to back up their other communications systems in case of failure. 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. Contact - Aurora Solartech $500 home office stipends, $300/mo for hybrid work, and more. Move fast and scale your sales and design operations with powerful artificial intelligence. 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. See disclosure here. 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. Based in North Vancouver, British Columbia. Humans on Earth are shielded from that radiation, as most of it bounces off the ionosphere and the rest is absorbed by the atmosphere. Concurrently, the Board of Directors appointed Kevin Dodds to succeed Mr. Deans as President and CEO of the Company effective 1 October 2022. Discussion of the Company, its operations and associated risks are further described in the Company's filings, available for viewing at www.sedar.com. We work together to achieve a common goal, not for individual objectives. Leading solar companies depend on Aurora to outpace the industry. Aurora Solar Technologies Inc. develops and markets inline measurement, visualization and control systems for the photovoltaic manufacturing industry. 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 Technologies Completes BT Imaging Acquisition and New Energy jobs added daily. 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. 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. 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. Aurora's products are used by some of the world's most advanced and respected solar cell manufacturers. 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. All statements in this discussion other than statements of historical facts, that address future events or developments that the Company expects, are forward-looking statements. -, Aurora Solar Technologies Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022. Announces President Changes, President, Chief Executive Officer & Director. At the end of October, BT Imaging held its first board meeting and management operations review since the acquisition. Its technology improves solar cell efficiency . The BBC reported that auroras were seen in the southern UK on Sunday night and that more were expected in the coming days. Aurora Solar Technologies Inc. - AnnualReports.com Can you imagine yourself waking up every morning knowing that youre helping create a more sustainable future? Aurora Solar Technologies Inc. (ACU.V) - Yahoo! Wafer and cell forms and configurations have all changed, with continually increasing sizes and performance demands. Careers | Aurora Solar Attaining "Grid Parity" with fossil fuel energy sources is the solar industry's most urgent and important challenge. ", Solar Trade Platform and Directory of Solar Companies, Company Directory Any financing will be tied to a disciplined approach to deploy capital relative to its market opportunity. Products - Aurora Solartech 100 - 788 Harbourside Drive North Vancouver, BC V7P 3R7 Canada. Explore how you can get involved / how we can work together. 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. 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. Perovskite cells hold promise to enhance photovoltaic deployment in a wide range of applications, such as powering vehicles and boats. Aurora Solar Technologies (ACU) Stock Price & Analysis 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. Aurora Solar Technologies Director of Technology Salaries Aurora Solar Technologies to acquire BT Imaging to accelerate growth Access your favorite topics in a personalized feed while you're on the go. Currency in CAD. Ltd. ("BTi"), a global leader in photoluminescence (PL) imaging tools and instruments for PV material inspection and quality 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. The sun also lets off radioactive material called solar energetic particles that can be dangerous to astronauts. 100% free, no signups. Aurora's products are designed specifically for inline applications in the PV manufacturing industry. Get the latest stock price for Aurora Solar Technologies Inc. (ACU), plus the latest news, recent trades, charting, insider activity, and analyst ratings. Contact Aurora Solar Technologies. 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. Still, we're not in immediate danger. We are a remote first team with office options too. The goal is to determine Insight product viability through a commercial outcome prior to the end of the current calendar year. 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. 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. We offer a suite of process measurement devices, interlinked with our breakthrough analysis and control systems. All amounts are expressed in Canadian dollars, unless otherwise indicated. Distributed by Public, unedited and unaltered, on 01 March 2023 22:19:16 UTC. 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. This can trigger some bizarre phenomena. The Company's capital markets strategy is being updated to support organic growth and inorganic opportunities. 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. What are co-workers like at Aurora Solar Technologies. 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. Take the time you need for the moments that matter. Aurora Solar Technologies Overview Work Here? 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. Aurora's website is located at www.aurorasolartech.com. We can keep accelerating solar growth, together. We can. The data provided from these measurement products provides the means to perform real time diagnostics, control, and equipment optimization quickly and effectively. Phone: +1 (778) 241 5000 "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 Technologies 's ( ACU) Relative Strength Index (RSI) is 35.04, creating a Neutral signal. 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. We know we can always do better, and we strive to do so every day. On August 25, 2022, Aurora acquired 100% of the outstanding share capital of BT Imaging Pty. "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.". 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 Aurora Solar Technologies is a leader in the development and delivery of inline process control and yield management solutions for solar cell manufacturers. Scientists are also learning more and more about our sun. 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. This allows advanced cell manufacturers to rapidly and precisely understand when and how to control their production for optimal yield and throughput. 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? We have to make our customers more productive in their jobs, understanding that doing so adds value to society. Aurora Solar Technologies Inc. Profile - SEDAR Claim your Free Employer Profile. Owens said that if the 1859 solar storm were to happen today, we'd be "far more susceptible.". "And they're nearly always there, but they become very much stronger when we've got a geomagnetic storm going on.". With headquarters near Vancouver, Canada, Aurora has operations in Shanghai, China, and partners in all major solar manufacturing markets. Aurora's website is located at www.aurorasolartech.com. 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. Find those that will, and focus on what truly matters. AACTF Stock | News | AURORA SOLAR TECHNOLOGIES Stock Price Today Energy and charged particles from the sun are then ejected into space. On behalf of the Company, we would like to recognize the contributions of David and his energy and guidance will be missed. Headquarters. This is the Aurora Solar Technologies company profile. The interaction between these particles creates strong electrical currents that can flood infrastructure on Earth. The bright light of a solar flare on the left side of . All rights reserved. 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. T O O UR S HAREHOLDERS . The worst solar storm we've seen happened in 1859. Baker McKenzie LLP acted as Aurora's legal advisor on this transaction. The plasma, which is made of charged particles, boils toward the surface, cools down, and sinks back toward the core again. We would have no business, and would not be able to accomplish our mission without our customers. There are any number of things you could build, but will they all make a significant difference in our clients lives? BT Imaging's website is located at www.btimaging.com. As such the combined business has sales and technical service facilities in China with sales, product development and technical support in Sydney, Australia and Vancouver, Canada. Auroras products are designed specifically for inline applications in the PV manufacturing industry. how about disabling your ad blocker on ENF? Our products measure and display the results of critical cell fabrication processes, revealing material properties and the performance of manufacturing tools and processes. 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. The sun itself might be erupting in more beautiful formations. "Then you lose refrigeration, you lose power to hospitals things get quite serious quite rapidly," Owens added. Leverage your professional network, and get hired. This decision has delivered intended benefits beyond obvious cost savings. 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. Software Engineer, Computational Scientist, Product Marketing Manager, Competitive Intelligence. 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. 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. Dont accept the status quojust because it is, doesnt mean it has to be. 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" Aurora Solar: The World's #1 Solar Design Software 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. Before you hire a solar panel installation company in Vlez-Mlaga, Andalusia, shop through our network of over 7 local solar panel installation companies. Information is checked, categorised and connected. BTi's R and W series products are used to verify the material effects of these processes on partially or wholly finished cells. As the geomagnetic storm messes with the ionosphere's magnetic charge, it creates currents in the ionosphere. 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 develops, manufactures and markets inline quality control systems for the solar cell manufacturing industry.