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. Give your sales team everything they need to close in one call: simple guided workflow, interactive consultations and eSignature to close on the spot. A 2018 study looking at space weather at the time concluded that the cause was a huge solar storm. 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. This acquisition broadens the combined business by product and its process control systems capability along with diversifying sales by customer, product and geographic region. About Aurora | Aurora Solar We offer a suite of process measurement devices, interlinked with our breakthrough analysis and control systems. 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. Sun Is About to Get More Active, Sending Grid-Disrupting Solar Storms $500 home office stipends, $300/mo for hybrid work, and more. View Products Services We want you to get the best possible results from our products. Weve grown our team by 8X, our solutions are used by 90% of the top U.S. residential solar contractors, and weve been globally recognized Real Leaders Impact Award 2022, Forbes AI 50 2022, Inc. 5000 2021, and S&P Global Platts 2020 Rising Star Company. Keep asking questions and keep challenging yourself. Aurora Solar Technologies Corporate Update 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 can. Here are some solar technologies in 2022 that we're keeping an eye on. For further information contact: Jake Bouma Corporate Development Phone: +1 (604) 317-3936 corpcomm@aurorasolartech.com Dont take things for granted and challenge assumptionsincluding your own. All answers shown come directly from Aurora Solar Technologies Reviews and are not edited or altered. The Company recognizes there is room to improve based on the confidence of this adapted strategy. Aurora Solar Technologies is a leader in the development and delivery of inline process control and yield management solutions for solar cell manufacturers. Announces President Changes, President, Chief Executive Officer & Director. This changing industry landscape and the pace of developments presents ongoing opportunities for high-end process control suppliers of measurement and automated diagnostic 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. It was important to inject energy and direction to the Insight product with a renewed focus on product readiness and commercial validation. planes were 21% more likely to be delayed, saw two dozen sea mines explode in the water, worst solar storm we've seen happened in 1859, auroras were seen in the southern UK on Sunday night, Two Apollo crewed missions narrowly escaped a huge solar storm. Its proprietary measurement and modeling technologies help. Aurora Solar Technologies 100-788, Harbourside Drive, North Vancouver, BC, V7P 3R7 Click to show company phone The data provided from these measurement products provides the means to perform real time diagnostics, control, and equipment optimization quickly and effectively. Before you hire a solar panel installation company in Vlez-Mlaga, Andalusia, shop through our network of over 7 local solar panel installation companies. If the currents flood the electrical grid, they can blow up transformers. They are found in industrial facilities and virtually all major research institutes throughout Asia, Europe and North America. Jake BoumaCorporate DevelopmentPhone: +1 (604) 317-3936corpcomm@aurorasolartech.com. BT Imaging's website is located at www.btimaging.com. Aurora Heredia Snchez - Mlaga, Andalusia, Spain | Professional For further information. Solar Technology to Watch in 2022 and Beyond | Aurora Solar 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 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. Read through customer reviews, check out their past projects and then request a quote from the best solar panel installation companies near you. 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. Message. 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. Aurora Solar's platform uses computer vision to help solar companies rapidly design systems tailored to customers' specific needs. 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. 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. Aurora Solar Technologies Provides an Update on Its Insight(TM) Data Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis, and control systems for solar cell manufacturers. 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. Aurora Solar Technologies (AACTF) EV to Assets Ratio : 0.46 Aurora Solar was named Rising Star Company. 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. Your customers get a premium experience and you save time. 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. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. As the geomagnetic storm messes with the ionosphere's magnetic charge, it creates currents in the ionosphere. Aurora Solar Technologies Inc. is a leader in the development and delivery of inline process control and yield management solutions for solar cell manufacturers. T O O UR S HAREHOLDERS . 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. Scientists are also learning more and more about our sun. All content is posted anonymously by employees working at Aurora Solar Technologies. Aurora Solar Technologies | Production Equipment | Canada as well as other partner offers and accept our. Aurora Solar Technologies (ACU) Technical Analysis 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. 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. If youre reading this, you probably agree. 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. how about disabling your ad blocker on ENF? "Then you lose refrigeration, you lose power to hospitals things get quite serious quite rapidly," Owens added. Even the International Space Station is still under the protection of the ionosphere. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/142681, https://www.newsfilecorp.com/release/142681, UPDATE 1-UK says Ukraine forces under increasingly severe pressure defending Bakhmut, Ukraine Latest: Russian Defense Chief Makes Rare Visit to Troops, In Britain, warm hubs emerge to beat soaring energy costs, INSIGHT-Before fatal collapse, Turkish building had skirted code thanks to Erdogan policy, In Chicago, adapting electric buses to winters challenges. That motion, called convection, is what creates strong magnetic fields at the poles and smaller, local magnetic fields at the surface of the sun. That could cause problems for air travel. But if the radiation hits an astronaut in outer space, it can be very dangerous, Owens said. 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. 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. (, 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. Aurora Solar Technologies salary trends based on salaries posted anonymously by Aurora Solar Technologies employees. That energy can affect communication by messing with the ionosphere, a layer of charged particles in our upper atmosphere. Dont accept the status quojust because it is, doesnt mean it has to be. We offer an extensive suite of services from measurement and control planning to system installation and post-installation support and optimization. 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. We want you to get the best possible results from our products. 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. Auroras momentum has picked up over the last few years, right alongside solar. This business combination is expected to accelerate Aurora's growth by combining BTi's quality control tools with Aurora's InsightTM data science platform. Contact Aurora Solar Technologies. 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. Dont stay static, dont stagnate. A single solar panel can cost around 400 euros to install, but obviously, this may vary depending on the size and type of system. Take the time you need for the moments that matter. With headquarters near Vancouver, Canada, Aurora has operations in Sydney, Australia, Shanghai, China, and partners in all major solar manufacturing markets. Distributed by Public, unedited and unaltered, on 01 March 2023 22:19:16 UTC. On August 25, 2022, Aurora acquired 100% of the outstanding share capital of BT Imaging Pty. 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. "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.". Granted, radio signals are much less important to basic communications today. 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. 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. (, Product Directory 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. Announces Passing of Board Member, David Robinson, Aurora Solar Technologies Corporate Update Regarding Leadership, Aurora Solar Technologies Inc. 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. 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. 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. Phone: +1 (778) 241 5000 MARKET POSITION AND DEVELOPMENT, AND IMPACT OF THE COVID-19PANDEMIC. (www.sedar.com). See how the latest advancements in Aurora and HelioScope are making solar sales, design and delivery easier and faster. We know we can always do better, and we strive to do so every day. "Our adverts are very targeted (inverter manufacturer advert on inverter category etc.) Scientists, however, fear that our reliance on electricity and interconnectivity could mean we're far more vulnerable to their effects this time around. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. These solar cells are then wired together (typically in groups of 60 or 70 cells) and framed to form modules. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis and control systems for solar cell manufacturers. From the first impression to project installation, with Aurora, you can provide a personalized solar customer experience that is uncomplicated. Software Engineer, Computational Scientist, Product Marketing Manager, Competitive Intelligence. These so-called solar maximums occur roughly every 11 years, and they haven't been much of a problem in the past. 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. Find those that will, and focus on what truly matters. Aurora makes it smoother for everyone to switch to solar energyby transforming the way projects are designed, sold, and delivered. 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. 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. 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. Average salaries for Aurora Solar Technologies Director Of Technology: $165,000. HIGHLIGHTS, SIGNIFICANT EVENTS AND TRANSACTIONS DURING THE PERIOD, The Business Acquisition report relating to the acquisition of BT Imaging PTY Ltd. was filed on Sedar on 8 November 2022. Additional roles may be added at the technical, operational and board level to advance the business in its three locations, Vancouver, Sydney and Shanghai. A copy of this Management Discussion and Analysis ("MD&A") will be provided to any applicant upon request. Aurora Solar Technologies 's ( ACU) Trend Strength Indicator (ADX) is 31.32, creating a Neutral signal. 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. Wafer and cell forms and configurations have all changed, with continually increasing sizes and performance demands. Aurora's momentum has picked up over the last few years, right alongside solar. 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. 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 . 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. 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. The Company's objective for this new Insight evaluation is to obtain technical acceptance within sixty days of deployment together with a commercial arrangement secured to confirm product viability. 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. Get 20 years of historical ev to assets ratio charts for AACTF stock and other companies. Aurora's website is located at www.aurorasolartech.com. 14 weeks of parental leave at 100% base salary. Owens said that if the 1859 solar storm were to happen today, we'd be "far more susceptible.". In that case, Owens said, restarting the grid "could be a matter of weeks or even months.". products are used by some of the worlds most advanced and respected solar cell manufacturers. Today's top 113 Energy jobs in Mlaga, Andalusia, Spain. Delayed Bourse de Toronto 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. During cell production, chemical and thermal processes transform the wafers from inert substrates to energy- generating cells. 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. We value your teammates and the different perspectives they bring and respect, and celebrate our differences. 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. A 2023 study looking at flight records over 22 years found that planes were 21% more likely to be delayed by at least 30 minutes when the sun was very active. The Acquisition, the concurrent financing and stock option grant has been approved by the board of directors of Aurora. Aurora Solar Technologies Completes BT Imaging Acquisition and With headquarters near Vancouver, Canada, Aurora has operations in Shanghai, China and partners in all major solar manufacturing markets. Perovskite cells hold promise to enhance photovoltaic deployment in a wide range of applications, such as powering vehicles and boats. Move fast and scale your sales and design operations with powerful artificial intelligence. Aurora Solar Technologies 's ( ACU) Relative Strength Index (RSI) is 35.04, creating a Neutral signal. 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. Based in North Vancouver, British Columbia. All rights reserved. The solar or photovoltaic ("PV") energy industry is relatively young, fast-growing, and evolving in importance within the energy sector. But several industries use radio signals to back up their other communications systems in case of failure. So far, we've been lucky. Solar Panels Malaga Spain Installer. With English speaking staff! The board has been restructured with the appointment of Kevin Dodds as Chief Executive Officer and Roger Buckeridge as a new board director and strategic advisor to Kevin. In addition, new market opportunities are expected to emerge in Australia, North America, Asia Pacific and Europe. 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. 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. Medical, Dental, and Vision plans are 100% covered. Concurrently, the Board of Directors appointed Kevin Dodds to succeed Mr. Deans as President and CEO of the Company effective 1 October 2022. See disclosure here. Those currents in our upper atmosphere interact with the particles in the ground. Solar flares can disrupt radio communications and electric power grids on Earth. On 11 March 2020, the coronavirus outbreak ("Covid-19") was declared a pandemic by the World Health Organization. Currency in CAD. Tons of financial metrics for serious investors. On behalf of the Company, we would like to recognize the contributions of David and his energy and guidance will be missed. 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. The Company's capital markets strategy is being updated to support organic growth and inorganic opportunities. CAPTCHA. Aurora Solar Technologies : Q3-MD&A | MarketScreener 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. Explore how you can get involved / how we can work together. 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. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. As these geomagnetic storms crash into the ionosphere, they can make auroras shine big and bright. So far, astronauts have been lucky. There are any number of things you could build, but will they all make a significant difference in our clients lives? At the end of October, BT Imaging held its first board meeting and management operations review since the acquisition. Solar Panel Installation Companies in Vlez-Mlaga The Company follows the orders and recommendations of relevant government health authorities in its operational jurisdictions and continues to evolve operational procedures as required. Certain statements contained in this MD&A may be deemed to be "forward-looking statements". But we didn't rely as much on electricity back then as we do now; the only thing it knocked out were telegraph lines. Announces Chief Executive Officer Changes, Aurora Solar Technologies Inc. Aurora Solar Technologies Closes Private Placement Financing Raising Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. 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 . This is the Aurora Solar Technologies company profile. 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. Aurora Solar Technologies | LinkedIn 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. 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.
