New Energy jobs added daily. In Australia, there is strong policy and investment support for solar and renewable energy with UNSW's School of Photovoltaic and Renewable Energy Engineering recognized as a global center of excellence. Turkey might be just the right place to go. The solar or photovoltaic ("PV") energy industry is relatively young, fast-growing, and evolving in importance within the energy sector. First Name. Baker McKenzie LLP acted as Aurora's legal advisor on this transaction. But a huge geomagnetic storm heading toward Earth a storm so big it would "probably give us aurora down to the equators" could cause several transformers to go at once, or overwhelm other transformers that could then blow up, knocking out the whole grid, Owens said. Aurora Solar Technologies : Q3-MD&A | MarketScreener Attaining "Grid Parity" with fossil fuel energy sources is the solar industry's most urgent and important challenge. 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. Aurora's website is located at www.aurorasolartech.com. 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. As the sun's local magnetic fields get more tangled and crash into each other, they can explode. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis and control systems for solar cell manufacturers. Solar Panel Installation Companies in Vlez-Mlaga It was important to inject energy and direction to the Insight product with a renewed focus on product readiness and commercial validation. Aurora is an inline solar cell measurement equipment specialist. (www.sedar.com). 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 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. 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. 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. as well as other partner offers and accept our. Aurora Solar Technologies - Crunchbase Company Profile & Funding MARKET POSITION AND DEVELOPMENT, AND IMPACT OF THE COVID-19PANDEMIC. BTi develops and markets several material inspection and quality control tools. The Acquisition, the concurrent financing and stock option grant has been approved by the board of directors of Aurora. On 7 November 2011, it acquired Aurora Control Technologies Inc. through a reverse takeover and initiated its current business operations. This is the Aurora Solar Technologies company profile. That's when the solar maximum happens. There are any number of things you could build, but will they all make a significant difference in our clients lives? A single solar panel can cost around 400 euros to install, but obviously, this may vary depending on the size and type of system. The plasma, which is made of charged particles, boils toward the surface, cools down, and sinks back toward the core again. Message. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. Dont take things for granted and challenge assumptionsincluding your own. 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. T O O UR S HAREHOLDERS . We have monthly wellness classes and workshops. Concurrently, the Board of Directors appointed Kevin Dodds to succeed Mr. Deans as President and CEO of the Company effective 1 October 2022. Even the International Space Station is still under the protection of the ionosphere. 100% free, no signups. Contact Aurora Solar Technologies. 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. Your customers get a premium experience and you save time. When we make decisions, we evaluate every idea by its merits, and pursue the best course of action. 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. Due to advancements in solar energy technology, the . This decision has delivered intended benefits beyond obvious cost savings. Products - Aurora Solartech Weve outclassed our competition so you can conquer yours. 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. The sun also lets off radioactive material called solar energetic particles that can be dangerous to astronauts. That could cause problems for air travel. products are used by some of the worlds most advanced and respected solar cell manufacturers. The data provided from these measurement products provides the means to perform real time diagnostics, control, and equipment optimization quickly and effectively. Aurora Solar Technologies 100-788, Harbourside Drive, North Vancouver, BC, V7P 3R7 Click to show company phone See disclosure here. Aurora Solar Technologies to acquire BT Imaging to accelerate growth Aurora Solar is a fast growing technology company that enables solar professionals to remotely design and sell solar and storage projects. Aurora Solar Technologies Inc. - AnnualReports.com Wafer and cell forms and configurations have all changed, with continually increasing sizes and performance demands. Create a highly accurate solar design without having to visit the site, saving time and money during the quoting process. Aurora Solar Technologies 's ( ACU) Relative Strength Index (RSI) is 35.04, 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. Delayed Bourse de Toronto Discussion of the Company, its operations and associated risks are further described in the Company's filings, available for viewing at www.sedar.com. 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. We exist to support the worlds transition to solar at scale. During cell production, chemical and thermal processes transform the wafers from inert substrates to energy- generating cells. Get the ev to assets ratio charts for Aurora Solar Technologies (AACTF). Perovskite cells hold promise to enhance photovoltaic deployment in a wide range of applications, such as powering vehicles and boats. 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. 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. 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. Image: Aurora Solar Technologies Inline solar cell measurement equipment specialist Aurora Solar Technologies (AST) has. 113 Energy jobs in Mlaga, Andalusia, Spain (2 new) In the drive to Grid Parity, their unique products, built into the . 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. The BBC reported that auroras were seen in the southern UK on Sunday night and that more were expected in the coming days. 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. Aurora's Australian subsidiary, BT Imaging Pty Ltd, founded in 2007, has a 15 year-history of servicing top tier solar cell and cell manufacturers who supply the majority of the world's production, based on market leadership with its advanced photoluminescence-based quality assurance imaging tools. ", Solar Trade Platform and Directory of Solar Companies, Company Directory Contact - Aurora Solartech A copy of this Management Discussion and Analysis ("MD&A") will be provided to any applicant upon request. Here are some solar technologies in 2022 that we're keeping an eye on. Aurorans, solar professionals, society at largewe are all in this together. Software Engineer, Computational Scientist, Product Marketing Manager, Competitive Intelligence. Scientists, however, fear that our reliance on electricity and interconnectivity could mean we're far more vulnerable to their effects this time around. This can trigger some bizarre phenomena. 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. That motion, called convection, is what creates strong magnetic fields at the poles and smaller, local magnetic fields at the surface of the sun. Currency in CAD. From the first impression to project installation, with Aurora, you can provide a personalized solar customer experience that is uncomplicated. Copyright 2023 Surperformance. Auroras. All other material transaction terms remain unchanged. At the end of October, BT Imaging held its first board meeting and management operations review since the acquisition. Check out our video and blog highlighting the phenomenal growth of solar and how Aurora empowers homeowners with a new energy experience. variations. See how the latest advancements in Aurora and HelioScope are making solar sales, design and delivery easier and faster. The only way we can achieve our dreams and goals is by working together. In that case, Owens said, restarting the grid "could be a matter of weeks or even months.". 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. Our products measure and display the results of critical cell fabrication processes, revealing material properties and the performance of manufacturing tools and processes. 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. 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. We know we can always do better, and we strive to do so every day. 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. 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 is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. To achieve the high electrical efficiencies that are now common, strict control of variations in these processes is required during cell manufacturing. 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. 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. Our products provide rapid payback, with ongoing profitability for our customers. Aurora's website is located at www.aurorasolartech.com. Aurora Solar Technologies Overview Work Here? Keep asking questions and keep challenging yourself. 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. These so-called solar maximums occur roughly every 11 years, and they haven't been much of a problem in the past. 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. Medical, Dental, and Vision plans are 100% covered. 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. 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 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. 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. Based in North Vancouver, British Columbia. Auroras momentum has picked up over the last few years, right alongside solar. 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. Can you imagine yourself waking up every morning knowing that youre helping create a more sustainable future? 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. 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. 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. Aurora Solar Technologies develops, manufactures and markets inline quality control systems for the solar cell manufacturing industry. 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. If youre reading this, you probably agree. The sun is much more likely to throw energy our way during its maxima. Aurora Solar Technologies (ACU) Technical Analysis One of the first decisions made was to combine global sales teams and to wind down Aurora's Chinese operations placing the commercial responsibility for the Insight product with BT Imaging in Sydney and Shanghai under a revised organizational structure. Aurora 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. 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. Solar Technology to Watch in 2022 and Beyond | Aurora Solar We have to make our customers more productive in their jobs, understanding that doing so adds value to society. Solar flares can disrupt radio communications and electric power grids on Earth. Tons of financial metrics for serious investors. 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. 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. Working at Aurora Solar Technologies | Glassdoor Aurora Solar Technologies is a leader in the development and delivery of inline process control and yield management solutions for solar cell manufacturers. Today's top 113 Energy jobs in Mlaga, Andalusia, Spain. 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. 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. 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. ENF Solar is a definitive directory of solar companies and products. (, Product Directory Give your sales team everything they need to close in one call: simple guided workflow, interactive consultations and eSignature to close on the spot. This acquisition broadens the combined business by product and its process control systems capability along with diversifying sales by customer, product and geographic region. "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.". Announces President Changes, President, Chief Executive Officer & Director. In addition, new market opportunities are expected to emerge in Australia, North America, Asia Pacific and Europe. Aurora Solar Technologies 's ( ACU) Commodity Channel Index (CCI) is -196.40, creating a Buy signal. All answers shown come directly from Aurora Solar Technologies Reviews and are not edited or altered. So far, astronauts have been lucky. 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. Owens said that if the 1859 solar storm were to happen today, we'd be "far more susceptible.". Sun Is About to Get More Active, Sending Grid-Disrupting Solar Storms Jake BoumaCorporate DevelopmentPhone: +1 (604) 317-3936corpcomm@aurorasolartech.com. Leverage your professional network, and get hired. 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. Announces Passing of Board Member, David Robinson, Aurora Solar Technologies Corporate Update Regarding Leadership, Aurora Solar Technologies Inc. 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 Solar Technologies salary trends based on salaries posted anonymously by Aurora Solar Technologies employees. We decided to go out to the site and measure the house by hand with the homeowner, and in every instance, Aurora was correct. 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. Information is checked, categorised and connected. Finally, it is with deep sadness that the Company reports the passing of David Robinson who was a recent addition to the board. 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's website is located at www.aurorasolartech.com. 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. Glassdoor gives you an inside look at what it's like to work at Aurora Solar Technologies, including salaries, reviews, office photos, and more. Move fast and scale your sales and design operations with powerful artificial intelligence. Solar is among the fastest growing electricity sources worldwide, and has consistently taken the first or second spot for adding the most new electricity to the U.S. grid. 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. The sun is a big ball of plasma, heated at its center. That instability causes havoc in the magnetic fields at the surface of the sun, which become much more active. 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. Discover what makes the Aurora platform the most accurate, profitable waytodeliver every stage of the solar product lifecycle. Do it for Jared. Granted, radio signals are much less important to basic communications today. Join us to create a future of solar energy for all. 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. CAPTCHA. So far, we've been lucky. The goal is to determine Insight product viability through a commercial outcome prior to the end of the current calendar year. About Aurora | Aurora Solar "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. We're starting to see some of the effects of these solar flares. "Our adverts are very targeted (inverter manufacturer advert on inverter category etc.) Aurora Solar Technologies (ACU) Stock Price & Analysis "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. Our solar platform transforms the process of designing, selling, and delivering projects. 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. Claim your Free Employer Profile. BTi brings a powerful brand, a world-class complementary product line and delivery team, and deep industry knowledge and strategic relationships such as with the University of New South Wales", said Gordon Deans, Aurora's President and CEO. 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. 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. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis and control systems for solar cell manufacturers. Its technology improves solar cell efficiency . 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. Take the time you need for the moments that matter. Jake BoumaCorporate DevelopmentPhone: +1 (604) 317-3936corpcomm@aurorasolartech.com. 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 . 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's products are designed specifically for inline applications in the PV manufacturing industry. 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. The Company's capital markets strategy is being updated to support organic growth and inorganic opportunities. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. Its proprietary measurement and modeling technologies help. 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. 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.