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For further information contact: Jake Bouma Corporate Development Phone: +1 (604) 317-3936 corpcomm@aurorasolartech.com As the geomagnetic storm messes with the ionosphere's magnetic charge, it creates currents in the ionosphere. Scientists are also learning more and more about our sun. Phone. This changing industry landscape and the pace of developments presents ongoing opportunities for high-end process control suppliers of measurement and automated diagnostic technologies. First Name. Granted, radio signals are much less important to basic communications today. Solar flares can disrupt radio communications and electric power grids on Earth. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis and control systems for solar cell manufacturers. 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. 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. 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. Image: Aurora Solar Technologies Inline solar cell measurement equipment specialist Aurora Solar Technologies (AST) has. There isnt a better time to join solar. "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. Check out our video and blog highlighting the phenomenal growth of solar and how Aurora empowers homeowners with a new energy experience. Aurora's website is located at www.aurorasolartech.com. On behalf of the Company, we would like to recognize the contributions of David and his energy and guidance will be missed. This business combination is expected to accelerate Aurora's growth by combining BTi's quality control tools with Aurora's InsightTM data science platform. Copyright 2023 Surperformance. As the sun's local magnetic fields get more tangled and crash into each other, they can explode. 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. See how the latest advancements in Aurora and HelioScope are making solar sales, design and delivery easier and faster. Dont stay static, dont stagnate. The sun is much more likely to throw energy our way during its maxima. 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 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. We believe that solar energy is key to creating a better future. During cell production, chemical and thermal processes transform the wafers from inert substrates to energy- generating cells. 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. 100 - 788 Harbourside Drive North Vancouver, BC V7P 3R7 Canada. On 11 March 2020, the coronavirus outbreak ("Covid-19") was declared a pandemic by the World Health Organization. Let's deliver a new energy experience, one with the simplicity and predictability of a sunrise. Get 20 years of historical ev to assets ratio charts for AACTF stock and other companies. Ltd. ("BTi"), a global leader in photoluminescence (PL) imaging tools and instruments for PV material inspection and quality control. BT Imaging's website is located at www.btimaging.com. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis and control systems for solar cell manufacturers. 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. To achieve the high electrical efficiencies that are now common, strict control of variations in these processes is required during cell manufacturing. 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. Weve outclassed our competition so you can conquer yours. 1K followers 500+ connections Average salaries for Aurora Solar Technologies Director Of Technology: $165,000. Baker McKenzie LLP acted as Aurora's legal advisor on this transaction. We offer a suite of process measurement devices, interlinked with our breakthrough analysis and control systems. 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. Discussion of the Company, its operations and associated risks are further described in the Company's filings, available for viewing at www.sedar.com. Aurora makes it smoother for everyone to switch to solar energyby transforming the way projects are designed, sold, and delivered. 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 . Finally, it is with deep sadness that the Company reports the passing of David Robinson who was a recent addition to the board. This is the Aurora Solar Technologies company profile. 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. 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. Scientists, however, fear that our reliance on electricity and interconnectivity could mean we're far more vulnerable to their effects this time around. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. The sun may be waking up after almost a decade of relative calm, scientists say and that could cause problems on Earth. Announces Passing of Board Member, David Robinson, Aurora Solar Technologies Corporate Update Regarding Leadership, Aurora Solar Technologies Inc. Aurora Solar was named Rising Star Company. Wafer and cell forms and configurations have all changed, with continually increasing sizes and performance demands. The following information should be read in conjunction with the unaudited Condensed Interim Consolidated Financial Statements of Aurora Solar Technologies Inc. ("the Company", or "Aurora") for the nine and three months ended 31 December 2022 and 2021, and the related notes attached thereto, which were prepared in accordance with International Financial Reporting Standards ("IFRS"). For further information. Software Engineer, Computational Scientist, Product Marketing Manager, Competitive Intelligence. Discover what makes the Aurora platform the most accurate, profitable waytodeliver every stage of the solar product lifecycle. 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. That motion, called convection, is what creates strong magnetic fields at the poles and smaller, local magnetic fields at the surface of the sun. Not an offer or recommendation by Stocktwits. Announces Chief Executive Officer Changes, Aurora Solar Technologies Inc. Stay up to date with what you want to know. Can you imagine yourself waking up every morning knowing that youre helping create a more sustainable future? See disclosure here. That could cause problems for air travel. Gordon continues to support the commercialization of the Company's Insight platform along with the combined business product and market strategy in TSXV - TSXV Real Time Price. A single solar panel can cost around 400 euros to install, but obviously, this may vary depending on the size and type of system. Aurorans, solar professionals, society at largewe are all in this together. 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 can keep accelerating solar growth, together. Access your favorite topics in a personalized feed while you're on the go. Glassdoor gives you an inside look at what it's like to work at Aurora Solar Technologies, including salaries, reviews, office photos, and more. The Company recognizes there is room to improve based on the confidence of this adapted strategy. Aurora Solar is a fast growing technology company that enables solar professionals to remotely design and sell solar and storage projects. 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. One damaged transformer won't cause much of an issue. 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. Certain statements contained in this MD&A may be deemed to be "forward-looking statements". 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. variations. The Aurora and BTi businesses are well placed to take advantage of these market trends. The solar or photovoltaic ("PV") energy industry is relatively young, fast-growing, and evolving in importance within the energy sector. 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. 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. Even the International Space Station is still under the protection of the ionosphere. Auroras products are designed specifically for inline applications in the PV manufacturing industry. place undue reliance on the Company's forward-looking statements. Auroras. 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. 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. 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. Aurora Solar Technologies 's ( ACU) Relative Strength Index (RSI) is 35.04, creating a Neutral signal. Aurora Solar Technologies Inc. is a leader in the development and delivery of inline process control and yield management solutions for solar cell manufacturers. Top editors give you the stories you want delivered right to your inbox each weekday. Aurora Heredia Snchez Digital Marketing Specialist | Team Leader Mlaga, Andalusia, Spain. Aurora Solar Technologies Inc. Mailing Address: 100 - 788 Harbourside Drive North Vancouver, BC V7P 3R7: Head Office Address: 100 - 788 Harbourside Drive North Vancouver, BC V7P 3R7: Contact Name: Gordon Deans: Principal Regulator: British Columbia: Business e-mail address: info@aurorasolartech.com: Aurora's momentum has picked up over the last few years, right alongside solar. 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. 14 weeks of parental leave at 100% base salary. On August 25, 2022, Aurora acquired 100% of the outstanding share capital of BT Imaging Pty. 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. -, Aurora Solar Technologies Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022. The Company will provide further details on the Acquisition and the combined business in a conference call to be held in mid-September co-hosted by Stifel and Aurora. The bright light of a solar flare on the left side of . Based in North Vancouver, British Columbia. Information is checked, categorised and connected. Owens said that if the 1859 solar storm were to happen today, we'd be "far more susceptible.". 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. Aurora's and BT Imaging's products are used by some of the world's most advanced and respected solar cell manufacturers. 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. 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. Our products measure and display the results of critical cell fabrication processes, revealing material properties and the performance of manufacturing tools and processes. CAPTCHA. New Energy jobs added daily. We would have no business, and would not be able to accomplish our mission without our customers. 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. But we didn't rely as much on electricity back then as we do now; the only thing it knocked out were telegraph lines. Products - Aurora Solartech Products DM and TCM Instruments Non-contact measurement of key wafer properties accurately and reliably at full production speeds The DM sensors use safe infrared light to measure key properties of crystalline silicon photovoltaic (PV) wafers. On 7 November 2011, it acquired Aurora Control Technologies Inc. through a reverse takeover and initiated its current business operations. If youre reading this, you probably agree. Auroras momentum has picked up over the last few years, right alongside solar. Our products measure and display the results of critical cell fabrication processes, revealing material properties and the performance of manufacturing tools and processes. This allows advanced cell manufacturers to rapidly and precisely understand when and how to control their production for optimal yield and throughput. We value your teammates and the different perspectives they bring and respect, and celebrate our differences. Humans on Earth are shielded from that radiation, as most of it bounces off the ionosphere and the rest is absorbed by the atmosphere. Our solar platform transforms the process of designing, selling, and delivering projects. The plasma, which is made of charged particles, boils toward the surface, cools down, and sinks back toward the core again. And the latest solar cycle, which peaked around 2010, was particularly quiet and may have lulled us into a false sense of security. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis, and control systems for solar cell manufacturers. Still, we're not in immediate danger. Forward-looking statements reflect current expectations of management regarding future events and operating performance as of the date of the MD&A. Perovskite Cells Perovskite cells are flexible, lightweight, and low-cost solar cells made using perovskite and organic materials. Aurora Solar Technologies, Inc. provides inline measurement, visualization, and control systems for the photovoltaic product manufacturing industry. All securities issued pursuant to the private placement are subject to a hold period that expires on December 26, 2022. Aurora Solar Technologies Inc. published this content on 01 March 2023 and is solely responsible for the information contained therein. All rights reserved. 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. These so-called solar maximums occur roughly every 11 years, and they haven't been much of a problem in the past. With headquarters near Vancouver, Canada, Aurora has operations in Sydney, Australia, Shanghai, China, and partners in all major solar manufacturing markets. 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. 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. BTi's R and W series products are used to verify the material effects of these processes on partially or wholly finished cells. We value and celebrate great contributions, but ultimately, it is the outcome that matters. Aurora Solar Technologies salary trends based on salaries posted anonymously by Aurora Solar Technologies employees. Aurora Solar's platform uses computer vision to help solar companies rapidly design systems tailored to customers' specific needs. Those currents in our upper atmosphere interact with the particles in the ground. 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. 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. The Company follows the orders and recommendations of relevant government health authorities in its operational jurisdictions and continues to evolve operational procedures as required. "Then you lose refrigeration, you lose power to hospitals things get quite serious quite rapidly," Owens added. 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. In addition, Kevin met with legal, accounting, and advisory professionals who are supporting the business and met the University of New South Wales' innovation office regarding collaboration, commercialization, and technology funding opportunities. Read through customer reviews, check out their past projects and then request a quote from the best solar panel installation companies near you. As these geomagnetic storms crash into the ionosphere, they can make auroras shine big and bright. That energy can affect communication by messing with the ionosphere, a layer of charged particles in our upper atmosphere. 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. products are used by some of the worlds most advanced and respected solar cell manufacturers. 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. 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. Concurrently, the Board of Directors appointed Kevin Dodds to succeed Mr. Deans as President and CEO of the Company effective 1 October 2022. 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. It was important to inject energy and direction to the Insight product with a renewed focus on product readiness and commercial validation. We want you to get the best possible results from our products. But several industries use radio signals to back up their other communications systems in case of failure. 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. "If you are trying to send a crew to the moon or Mars, you really need to worry about these things, because that is a serious, potentially fatal radiation dose," Owens said. Distributed by Public, unedited and unaltered, on 01 March 2023 22:19:16 UTC. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. 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. These solar cells are then wired together (typically in groups of 60 or 70 cells) and framed to form modules. Tons of financial metrics for serious investors. 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 Technologies develops, manufactures and markets inline quality control systems for the solar cell manufacturing industry. The only way we can achieve our dreams and goals is by working together. We have monthly wellness classes and workshops. In addition, new market opportunities are expected to emerge in Australia, North America, Asia Pacific and Europe. 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. 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. Medical, Dental, and Vision plans are 100% covered. Our products provide rapid payback, with ongoing profitability for our customers. All amounts are expressed in Canadian dollars, unless otherwise indicated. The Company has issued 11,650,000 units (the "Units") at the price of $0.10 per Unit for gross proceeds of $1,165,000. Currently, the most common household size is a 4kW solar panel system, which costs approximately 6,500 euros and will take up around 29 square meters of your roof. 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. The data provided from these measurement products provides the means to perform real time diagnostics, control, and equipment optimization quickly and effectively. Leverage your professional network, and get hired. All content is posted anonymously by employees working at Aurora Solar Technologies. Any financing will be tied to a disciplined approach to deploy capital relative to its market opportunity. (, 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.

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