Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. Find those that will, and focus on what truly matters. Our products provide rapid payback, with ongoing profitability for our customers. Those currents in our upper atmosphere interact with the particles in the ground. It was important to inject energy and direction to the Insight product with a renewed focus on product readiness and commercial validation. 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. BTi's R and W series products are used to verify the material effects of these processes on partially or wholly finished cells. variations. Aurora's and BT Imaging's products are used by some of the world's most advanced and respected solar cell manufacturers. Jake BoumaCorporate DevelopmentPhone: +1 (604) 317-3936corpcomm@aurorasolartech.com. Aurora Solar's platform uses computer vision to help solar companies rapidly design systems tailored to customers' specific needs. Aurora's website is located at www.aurorasolartech.com. "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.". 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 only way we can achieve our dreams and goals is by working together. 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. Products - Aurora Solartech Weve outclassed our competition so you can conquer yours. 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. Engage homeowners with an instant, personalized 3D solar estimate that builds your brand credibility and makes you stand out from the rest. View Products Services We want you to get the best possible results from our products. 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. But if the radiation hits an astronaut in outer space, it can be very dangerous, Owens said. As these geomagnetic storms crash into the ionosphere, they can make auroras shine big and bright. 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's products are used by some of the world's most advanced and respected solar cell manufacturers. There isnt a better time to join solar. Aurora Solar Technologies Provides an Update on Its Insight(TM) Data They allow process engineers and production-line operators to rapidly detect and correct process excursions, material faults and optimize processes, thereby increasing our customers throughput, yield and profit. 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. 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. All amounts are expressed in Canadian dollars, unless otherwise indicated. Top editors give you the stories you want delivered right to your inbox each weekday. To achieve the high electrical efficiencies that are now common, strict control of variations in these processes is required during cell manufacturing. place undue reliance on the Company's forward-looking statements. Read through customer reviews, check out their past projects and then request a quote from the best solar panel installation companies near you. (www.sedar.com). Aurora Solar Technologies (ACU) Technical Analysis About Aurora | Aurora Solar When we make decisions, we evaluate every idea by its merits, and pursue the best course of action. 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. 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 With headquarters near Vancouver, Canada, Aurora has operations in Sydney, Australia, Shanghai, China, and partners in all major solar manufacturing markets. 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 that case, Owens said, restarting the grid "could be a matter of weeks or even months.". The worst solar storm we've seen happened in 1859. 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. All other material transaction terms remain unchanged. 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. Leading solar companies depend on Aurora to outpace the industry. Phone: +1 (778) 241 5000 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. All content is posted anonymously by employees working at Aurora Solar Technologies. how about disabling your ad blocker on ENF? 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. 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. By clicking Sign up, you agree to receive marketing emails from Insider 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. Still, we're not in immediate danger. Concurrently, the Board of Directors appointed Kevin Dodds to succeed Mr. Deans as President and CEO of the Company effective 1 October 2022. Its proprietary measurement and modeling technologies help. Even the International Space Station is still under the protection of the ionosphere. "Aurora Solar currently deals with approximately fifteen of the largest solar manufacturers in the world and they ran a beta product and the customer who's running the beta basically said,. The rays can change the magnetic fields in the ionosphere, which can affect GPS signals that have to pierce through that layer to reach Earth. products are used by some of the worlds most advanced and respected solar cell manufacturers. 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"). 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. During his first month as Chief Executive Officer, Kevin Dodds has been focused on the integration of BT Imaging Find out how to get top quality hair transplant at an affordable price. 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. Aurora Solar Technologies completes acquisition of BT Imaging as it 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. 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 . This can trigger some bizarre phenomena. See how the latest advancements in Aurora and HelioScope are making solar sales, design and delivery easier and faster. Baker McKenzie LLP acted as Aurora's legal advisor on this transaction. Software Engineer, Computational Scientist, Product Marketing Manager, Competitive Intelligence. 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. Access your favorite topics in a personalized feed while you're on the go. 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. So far, we've been lucky. 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. The Company's capital markets strategy is being updated to support organic growth and inorganic opportunities. 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. We value your teammates and the different perspectives they bring and respect, and celebrate our differences. 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. We value and celebrate great contributions, but ultimately, it is the outcome that matters. 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 . 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. 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. 100% free, no signups. NASA's Parker Solar Probe, for instance, is heading for the sun and is likely to provide unprecedented images and exciting new data in December. This acquisition broadens the combined business by product and its process control systems capability along with diversifying sales by customer, product and geographic region. AACTF Stock | News | AURORA SOLAR TECHNOLOGIES Stock Price Today Aurora Solar Technologies | LinkedIn 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. Not an offer or recommendation by Stocktwits. Medical, Dental, and Vision plans are 100% covered. Announces President Changes, President, Chief Executive Officer & Director. Forward-looking statements reflect current expectations of management regarding future events and operating performance as of the date of the MD&A. Aurora Solar Technologies | Production Equipment | Canada Aurora is an inline solar cell measurement equipment specialist. This changing industry landscape and the pace of developments presents ongoing opportunities for high-end process control suppliers of measurement and automated diagnostic technologies. Aurora Solar Technologies is a leader in the development and delivery of inline process control and yield management solutions for solar cell manufacturers. On 11 March 2020, the coronavirus outbreak ("Covid-19") was declared a pandemic by the World Health Organization. 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. T O O UR S HAREHOLDERS . MARKET POSITION AND DEVELOPMENT, AND IMPACT OF THE COVID-19PANDEMIC. This decision has delivered intended benefits beyond obvious cost savings. Auroras products are designed specifically for inline applications in the PV manufacturing industry. Aurora Solar Technologies Inc Stock - AACTF Share Price Today, News and Discussion ATNM 7.08% 0.42% KRL.X 0.03% More Advertisement 3rd Party Ad. Aurora Solar is a fast growing technology company that enables solar professionals to remotely design and sell solar and storage projects. Your customers get a premium experience and you save time. Create a proposal with personalized, permit-quality accuracy with just an address and an electric bill. Aurora Solar Technologies salary trends based on salaries posted anonymously by Aurora Solar Technologies employees. Aurora Solar Technologies is a stock to watch, this investor says 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" With headquarters near Vancouver, Canada, Aurora has operations in Shanghai, China, and partners in all major solar manufacturing markets. Aurora's products are designed specifically for inline applications in the PV manufacturing industry. NASA spotted a rare polar vortexthis month. Aurorans, solar professionals, society at largewe are all in this together. A 2018 study looking at space weather at the time concluded that the cause was a huge solar storm. In the drive to Grid Parity, their unique products, built into the . Get the ev to assets ratio charts for Aurora Solar Technologies (AACTF). Leverage your professional network, and get hired. Claim your Free Employer Profile. Auroras. 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. Do it for Jared. Its technology improves solar cell efficiency . Aurora Solar Technologies (ACU) Stock Price & Analysis Finally, it is with deep sadness that the Company reports the passing of David Robinson who was a recent addition to the board. Solar Technology to Watch in 2022 and Beyond | Aurora Solar "They missed it purely by chance, and it could have been fatal for the astronauts at the time," Owens said. Email. Keep asking questions and keep challenging yourself. They are found in industrial facilities and virtually all major research institutes throughout Asia, Europe and North America. ENF Solar is a definitive directory of solar companies and products. 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. Get the latest stock price for Aurora Solar Technologies Inc. (ACU), plus the latest news, recent trades, charting, insider activity, and analyst ratings. Dont accept the status quojust because it is, doesnt mean it has to be. Owens said that if the 1859 solar storm were to happen today, we'd be "far more susceptible.". This business combination is expected to accelerate Aurora's growth by combining BTi's quality control tools with Aurora's InsightTM data science platform. We offer an extensive suite of services from measurement and control planning to system installation and post-installation support and optimization. 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. Attaining "Grid Parity" with fossil fuel energy sources is the solar industry's most urgent and important challenge.