We offer a suite of process measurement devices, interlinked with our breakthrough analysis and control systems. 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. On 11 March 2020, the coronavirus outbreak ("Covid-19") was declared a pandemic by the World Health Organization. Aurora Solar | Company Overview & News Weve outclassed our competition so you can conquer yours. Aurora's momentum has picked up over the last few years, right alongside solar. In that case, Owens said, restarting the grid "could be a matter of weeks or even months.". CAPTCHA. 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. 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. Leading solar companies depend on Aurora to outpace the industry. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. It was important to inject energy and direction to the Insight product with a renewed focus on product readiness and commercial validation. Aurora Solar Technologies Corporate Update 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. Based in North Vancouver, British Columbia. Solar flares can disrupt radio communications and electric power grids on Earth. 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. 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. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events, or results to differ from those anticipated, estimated or intended. 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. 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. Aurora is an inline solar cell measurement equipment specialist. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. Scientists, however, fear that our reliance on electricity and interconnectivity could mean we're far more vulnerable to their effects this time around. Discussion of the Company, its operations and associated risks are further described in the Company's filings, available for viewing at www.sedar.com. And when you do, build it well. Further details for this event and instructions for participating will be provided in early September. We believe that solar energy is key to creating a better future. Aurora Solar Technologies Inc. (ACU) | TSXV Stock Price | TMX Money 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 about to get more active than it has for a decade and it could lead to power outages, grounded flights, and stunning auroras. 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. Aurora Solar Technologies - Crunchbase Company Profile & Funding Owens said that if the 1859 solar storm were to happen today, we'd be "far more susceptible.". 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. In silicon wafer production, BTi's R's series products are used to determine optimal wafer slicing locations in each ingot by sensing the extent and locations of impurities that can affect finished cell performance. With headquarters near Vancouver, Canada, Aurora has operations in Shanghai, China, and partners in all major solar manufacturing markets. Aurora Solar Technologies, Inc. provides inline measurement, visualization, and control systems for the photovoltaic product manufacturing industry. 14 weeks of parental leave at 100% base salary. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. as well as other partner offers and accept our. The only way we can achieve our dreams and goals is by working together. 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. Glassdoor gives you an inside look at what it's like to work at Aurora Solar Technologies, including salaries, reviews, office photos, and more. But as SpaceX and NASA aim to ramp up missions in the coming years, they'll need to prepare for solar storms the issue is that there's no good way to shield astronauts in space, Owens said. Claim your Free Employer Profile. 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. BTi's products are used in multiple parts of the PV supply chain -from silicon ingots and wafers, through to finished cells. Aurora Solar Technologies | LinkedIn This business combination is expected to accelerate Aurora's growth by combining BTi's quality control tools with Aurora's InsightTM data science platform. Aurora Solar was named Rising Star Company. T O O UR S HAREHOLDERS . M ANAGEMENT D ISCUSSION AND A NALYSIS . 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. Copyright 2023 Surperformance. Create a proposal with personalized, permit-quality accuracy with just an address and an electric bill. Granted, radio signals are much less important to basic communications today. With each decade, we become more dependent on electrical infrastructure, he said. These solar cells are then wired together (typically in groups of 60 or 70 cells) and framed to form modules. Phone: +1 (778) 241 5000 Take the time you need for the moments that matter. Auroras momentum has picked up over the last few years, right alongside solar. Dont stay static, dont stagnate. Aurora Solar Technologies (ACU) Stock Price & Analysis Email. Aurora makes it smoother for everyone to switch to solar energyby transforming the way projects are designed, sold, and delivered. Can you imagine yourself waking up every morning knowing that youre helping create a more sustainable future? The goal is to determine Insight product viability through a commercial outcome prior to the end of the current calendar year. The sun may be waking up after almost a decade of relative calm, scientists say and that could cause problems on Earth. 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. The total consideration issued by Aurora to BTi shareholders for this Acquisition was 62,969,351 common shares and $1,205,310 in cash. Aurora Solar Technologies Overview Work Here? Announces Chief Executive Officer Changes, Aurora Solar Technologies Inc. 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. During cell production, chemical and thermal processes transform the wafers from inert substrates to energy- generating cells. Aurora Solar is a fast growing technology company that enables solar professionals to remotely design and sell solar and storage projects. Wafer and cell forms and configurations have all changed, with continually increasing sizes and performance demands. Aurora Solar: The World's #1 Solar Design Software Create a highly accurate solar design without having to visit the site, saving time and money during the quoting process. Announces Passing of Board Member, David Robinson, Aurora Solar Technologies Corporate Update Regarding Leadership, Aurora Solar Technologies Inc. Information is checked, categorised and connected. We decided to go out to the site and measure the house by hand with the homeowner, and in every instance, Aurora was correct. 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. Today's top 113 Energy jobs in Mlaga, Andalusia, Spain. The sun itself might be erupting in more beautiful formations. Auroras products are designed specifically for inline applications in the PV manufacturing industry. Aurorans, solar professionals, society at largewe are all in this together. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. A copy of this Management Discussion and Analysis ("MD&A") will be provided to any applicant upon request. "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. When we make decisions, we evaluate every idea by its merits, and pursue the best course of action. Get the latest stock price for Aurora Solar Technologies Inc. (ACU), plus the latest news, recent trades, charting, insider activity, and analyst ratings. We have monthly wellness classes and workshops. Jake BoumaCorporate DevelopmentPhone: +1 (604) 317-3936corpcomm@aurorasolartech.com. Concurrently, the Board of Directors appointed Kevin Dodds to succeed Mr. Deans as President and CEO of the Company effective 1 October 2022. 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. 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. We have to make our customers more productive in their jobs, understanding that doing so adds value to society. 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. We value your teammates and the different perspectives they bring and respect, and celebrate our differences. At the end of October, BT Imaging held its first board meeting and management operations review since the acquisition. Aurora Solar Technologies Director of Technology Salaries All rights reserved. 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. "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.". 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. There are any number of things you could build, but will they all make a significant difference in our clients lives? Our solar platform transforms the process of designing, selling, and delivering projects. 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. If youre reading this, you probably agree. $500 home office stipends, $300/mo for hybrid work, and more. The Acquisition, the concurrent financing and stock option grant has been approved by the board of directors of Aurora. 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. Aurora Solar Technologies develops, manufactures and markets inline quality control systems for the solar cell manufacturing industry. The plasma, which is made of charged particles, boils toward the surface, cools down, and sinks back toward the core again. 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. 100% free, no signups. Find those that will, and focus on what truly matters. Announces President Changes, President, Chief Executive Officer & Director. We want you to get the best possible results from our products. Aurora Solar Technologies (AACTF) EV to Assets Ratio : 0.46 Contact Aurora Solar Technologies. We can keep accelerating solar growth, together. Aurora Heredia Snchez - Mlaga, Andalusia, Spain | Professional The bright light of a solar flare on the left side of . 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. Aurora Solar Technologies to acquire BT Imaging to accelerate growth We offer a suite of process measurement devices, interlinked with our breakthrough analysis and control systems. That's when the solar maximum happens. 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. 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. What are co-workers like at Aurora Solar Technologies. 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. 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.
