Phone. $500 home office stipends, $300/mo for hybrid work, and more. 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. 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 . That energy can affect communication by messing with the ionosphere, a layer of charged particles in our upper atmosphere. Scientists, however, fear that our reliance on electricity and interconnectivity could mean we're far more vulnerable to their effects this time around. There are any number of things you could build, but will they all make a significant difference in our clients lives? On August 25, 2022, Aurora acquired 100% of the outstanding share capital of BT Imaging Pty. The sun is much more likely to throw energy our way during its maxima. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company and/or its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. "Space weather can ground flights," Owens said, adding that the Federal Aviation Administration "won't allow flights if they don't have both radio and satellite communications.". This acquisition broadens the combined business by product and its process control systems capability along with diversifying sales by customer, product and geographic region. Phone: +1 (778) 241 5000 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. Take the time you need for the moments that matter. First Name. 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. With each decade, we become more dependent on electrical infrastructure, he said. 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. We work together to achieve a common goal, not for individual objectives. Average salaries for Aurora Solar Technologies Director Of Technology: $165,000. We're starting to see some of the effects of these solar flares. The total consideration issued by Aurora to BTi shareholders for this Acquisition was 62,969,351 common shares and $1,205,310 in cash. For further information contact: Jake Bouma Corporate Development Phone: +1 (604) 317-3936 corpcomm@aurorasolartech.com All answers shown come directly from Aurora Solar Technologies Reviews and are not edited or altered. 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. This allows advanced cell manufacturers to rapidly and precisely understand when and how to control their production for optimal yield and throughput. CAPTCHA. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. That could cause problems for air travel. Read through customer reviews, check out their past projects and then request a quote from the best solar panel installation companies near you. Get 20 years of historical ev to assets ratio charts for AACTF stock and other companies. 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. BTi's products are used in multiple parts of the PV supply chain -from silicon ingots and wafers, through to finished cells. 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. 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. Explore how you can get involved / how we can work together. ", Solar Trade Platform and Directory of Solar Companies, Company Directory Attaining "Grid Parity" with fossil fuel energy sources is the solar industry's most urgent and important challenge. 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. 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. But if the radiation hits an astronaut in outer space, it can be very dangerous, Owens said. Even the International Space Station is still under the protection of the ionosphere. Forward-looking statements reflect current expectations of management regarding future events and operating performance as of the date of the MD&A. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. Scientists are also learning more and more about our sun. 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" Its proprietary measurement and modeling technologies help. Aurora's website is located at www.aurorasolartech.com. Stifel GMP acted as Aurora's financial advisor on this transaction and will receive 2,500,000 common shares issued at a deemed price $0.10 per share. Aurora Solar Technologies 's ( ACU) Trend Strength Indicator (ADX) is 31.32, creating a Neutral signal. With headquarters near Vancouver, Canada, Aurora has operations in Sydney, Australia, Shanghai, China, and partners in all major solar manufacturing markets. 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. Certain statements contained in this MD&A may be deemed to be "forward-looking statements". Last Name. Discussion of the Company, its operations and associated risks are further described in the Company's filings, available for viewing at www.sedar.com. By clicking Sign up, you agree to receive marketing emails from Insider All rights reserved. 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. Your customers get a premium experience and you save time. Aurora's website is located at www.aurorasolartech.com. "Our adverts are very targeted (inverter manufacturer advert on inverter category etc.) 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 . BT Imaging's website is located at www.btimaging.com. These forward-looking statements are made as of the date hereof. Here are some solar technologies in 2022 that we're keeping an eye on. BTi's R and W series products are used to verify the material effects of these processes on partially or wholly finished cells. This business combination is expected to accelerate Aurora's growth by combining BTi's quality control tools with Aurora's InsightTM data science platform. 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. The sun may be waking up after almost a decade of relative calm, scientists say and that could cause problems on Earth. Aurorans, solar professionals, society at largewe are all in this together. Aurora Solar Technologies Overview Work Here? A copy of this Management Discussion and Analysis ("MD&A") will be provided to any applicant upon request. Aurora Solar Technologies salary trends based on salaries posted anonymously by Aurora Solar Technologies employees. Create a highly accurate solar design without having to visit the site, saving time and money during the quoting process. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Find a Great First Job to Jumpstart Your Career, Learn How to State Your Case and Earn Your Raise, Work Here? 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. To achieve the high electrical efficiencies that are now common, strict control of variations in these processes is required during cell manufacturing. Message. Aurora Solar Technologies Inc. published this content on 01 March 2023 and is solely responsible for the information contained therein. Can you imagine yourself waking up every morning knowing that youre helping create a more sustainable future? Distributed by Public, unedited and unaltered, on 01 March 2023 22:19:16 UTC. 100% free, no signups. 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. We believe that solar energy is key to creating a better future. Give your sales team everything they need to close in one call: simple guided workflow, interactive consultations and eSignature to close on the spot. We offer an extensive suite of services from measurement and control planning to system installation and post-installation support and optimization. "Then you lose refrigeration, you lose power to hospitals things get quite serious quite rapidly," Owens added. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. The Acquisition, the concurrent financing and stock option grant has been approved by the board of directors of Aurora. 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. 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. Two Apollo crewed missions narrowly escaped a huge solar storm in August 1972: Apollo 16 had landed back on Earth in April, while Apollo 17 launched in December. The bright light of a solar flare on the left side of . 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. This decision has delivered intended benefits beyond obvious cost savings. Aurora Solar Technologies, Inc. provides inline measurement, visualization, and control systems for the photovoltaic product manufacturing industry. The solar or photovoltaic ("PV") energy industry is relatively young, fast-growing, and evolving in importance within the energy sector. Contact Aurora Solar Technologies. 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. Weve outclassed our competition so you can conquer yours. 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. Join us to create a future of solar energy for all. 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. 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. 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. 14 weeks of parental leave at 100% base salary. Image: Aurora Solar Technologies Inline solar cell measurement equipment specialist Aurora Solar Technologies (AST) has. 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. 1K followers 500+ connections 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. 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. Turkey might be just the right place to go. The worst solar storm we've seen happened in 1859. Aurora's and BT Imaging's products are used by some of the world's most advanced and respected solar cell manufacturers. 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. 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. 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. 100 - 788 Harbourside Drive North Vancouver, BC V7P 3R7 Canada. 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. The Aurora and BTi businesses are well placed to take advantage of these market trends. The Company recognizes there is room to improve based on the confidence of this adapted strategy. 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. 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. One damaged transformer won't cause much of an issue. 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. 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: 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 . 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. Build because you should, not because you can. We can keep accelerating solar growth, together. The sun also lets off radioactive material called solar energetic particles that can be dangerous to astronauts. Do it for Jared. 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. Before you hire a solar panel installation company in Vlez-Mlaga, Andalusia, shop through our network of over 7 local solar panel installation companies. We want you to get the best possible results from our products. But we didn't rely as much on electricity back then as we do now; the only thing it knocked out were telegraph lines. And when you do, build it well. 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. Aurora Heredia Snchez Digital Marketing Specialist | Team Leader Mlaga, Andalusia, Spain. 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. 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. Sign up for notifications from Insider! T O O UR S HAREHOLDERS . 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. These and other factors should be considered carefully, and thus, readers should not. Auroras products are designed specifically for inline applications in the PV manufacturing industry. "And they're nearly always there, but they become very much stronger when we've got a geomagnetic storm going on.". Aurora Solar is a fast growing technology company that enables solar professionals to remotely design and sell solar and storage projects. Energy and charged particles from the sun are then ejected into space. Aurora is an inline solar cell measurement equipment specialist. 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. 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. 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. 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"). Discover what makes the Aurora platform the most accurate, profitable waytodeliver every stage of the solar product lifecycle. On behalf of the Company, we would like to recognize the contributions of David and his energy and guidance will be missed. Finally, it is with deep sadness that the Company reports the passing of David Robinson who was a recent addition to the board. Get the ev to assets ratio charts for Aurora Solar Technologies (AACTF). What are co-workers like at Aurora Solar Technologies. Medical, Dental, and Vision plans are 100% covered. On demand, permit-ready solar plan sets available from Aurora in 24 hours.