The interaction between these particles creates strong electrical currents that can flood infrastructure on Earth. With headquarters near Vancouver, Canada, Aurora has operations in Shanghai, China, and partners in all major solar manufacturing markets. Move fast and scale your sales and design operations with powerful artificial intelligence. This business combination is expected to accelerate Aurora's growth by combining BTi's quality control tools with Aurora's InsightTM data science platform. 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. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. Aurora Solar's platform uses computer vision to help solar companies rapidly design systems tailored to customers' specific needs. The sun is much more likely to throw energy our way during its maxima. Information is checked, categorised and connected. 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. Aurora Solar | Company Overview & News These forward-looking statements are made as of the date hereof. Every 11 years or so, the sun becomes "convectively unstable," meaning its magnetic fields become so unstable that the magnetic north and south poles abruptly flip, throwing our star's polarity out of whack, said Mathew Owens, a professor of space physics at the University of Reading. Sign up for notifications from Insider! 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. Phone: +1 (778) 241 5000 1K followers 500+ connections Director of Solar Development, Solar Energy Services ; We've had 4 cases where customers didn't agree with the measurements on the Aurora design that we presented virtually. 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. At the end of October, BT Imaging held its first board meeting and management operations review since the acquisition. 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. Aurora Solar Technologies Closes Private Placement Financing Raising Additional information about the Company, including the audited annual Consolidated Financial Statements, and the notes thereto, for the years ended 31 March 2022 and 2021, prepared in accordance with IFRS, can be found on SEDAR at www.sedar.com. With headquarters near Vancouver, Canada, Aurora has operations in Shanghai, China and partners in all major solar manufacturing markets. On demand, permit-ready solar plan sets available from Aurora in 24 hours. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis, and control systems for solar cell manufacturers. Contact - Aurora Solartech Aurora Solar Technologies : Q3-MD&A | MarketScreener Announces Chief Executive Officer Changes, Aurora Solar Technologies Inc. 100% free, no signups. Get 20 years of historical ev to assets ratio charts for AACTF stock and other companies. See how the latest advancements in Aurora and HelioScope are making solar sales, design and delivery easier and faster. Create a proposal with personalized, permit-quality accuracy with just an address and an electric bill. All rights reserved. This means the sun will produce more solar flares, or powerful bursts of energy. Average salaries for Aurora Solar Technologies Director Of Technology: $165,000. Those currents in our upper atmosphere interact with the particles in the ground. Aurora Solar Technologies to acquire BT Imaging to accelerate growth So far, we've been lucky. Sun Is About to Get More Active, Sending Grid-Disrupting Solar Storms That energy can affect communication by messing with the ionosphere, a layer of charged particles in our upper atmosphere. Solar flares can disrupt radio communications and electric power grids on Earth. In that case, Owens said, restarting the grid "could be a matter of weeks or even months.". Changes wont be saved until you sign up for an Enhanced Profile subscription. But several industries use radio signals to back up their other communications systems in case of failure. 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. M ANAGEMENT D ISCUSSION AND A NALYSIS . If youre reading this, you probably agree. ENF Solar is a definitive directory of solar companies and products. We can. 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. With each decade, we become more dependent on electrical infrastructure, he said. This can trigger some bizarre phenomena. Scientists are also learning more and more about our sun. We're starting to see some of the effects of these solar flares. Give your sales team everything they need to close in one call: simple guided workflow, interactive consultations and eSignature to close on the spot. Granted, radio signals are much less important to basic communications today. The goal is to determine Insight product viability through a commercial outcome prior to the end of the current calendar year. Phone. We believe that solar energy is key to creating a better future. Last Name. Join us to create a future of solar energy for all. ", Solar Trade Platform and Directory of Solar Companies, Company Directory Any financing will be tied to a disciplined approach to deploy capital relative to its market opportunity. Aurora Solar Technologies Inc. - AnnualReports.com CAPTCHA. Before you hire a solar panel installation company in Vlez-Mlaga, Andalusia, shop through our network of over 7 local solar panel installation companies. Aurora Solar Technologies (ACU) Stock Price & Analysis 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. This allows advanced cell manufacturers to rapidly and precisely understand when and how to control their production for optimal yield and throughput. Humans on Earth are shielded from that radiation, as most of it bounces off the ionosphere and the rest is absorbed by the atmosphere. New Energy jobs added daily. This is the Aurora Solar Technologies company profile. Aurora Solar Technologies Director of Technology Salaries Aurora's momentum has picked up over the last few years, right alongside solar. Aurora Solar Technologies salary trends based on salaries posted anonymously by Aurora Solar Technologies employees. We exist to support the worlds transition to solar at scale. 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. Baker McKenzie LLP acted as Aurora's legal advisor on this transaction. 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. 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. Our products measure and display the results of critical cell fabrication processes, revealing material properties and the performance of manufacturing tools and processes. 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. 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. 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. Auroras products are designed specifically for inline applications in the PV manufacturing industry. 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. The Company's leadership is evolving following the acquisition of BT Imaging and is the beneficiary of a young, technically smart and motivated team. 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. Let's deliver a new energy experience, one with the simplicity and predictability of a sunrise. Aurora Solar Technologies | Production Equipment | Canada Leverage your professional network, and get hired. 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. 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. And when you do, build it well. AACTF Stock | News | AURORA SOLAR TECHNOLOGIES Stock Price Today 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. Certain statements contained in this MD&A may be deemed to be "forward-looking statements". Aurora's website is located at www.aurorasolartech.com. 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. 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. That's when the solar maximum happens. Discover what makes the Aurora platform the most accurate, profitable waytodeliver every stage of the solar product lifecycle. Aurora Solar Technologies is a leader in the development and delivery of inline process control and yield management solutions for solar cell manufacturers. We work together to achieve a common goal, not for individual objectives. Due to advancements in solar energy technology, the . Take the time you need for the moments that matter. 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. BT Imaging's website is located at www.btimaging.com. 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. The Company's capital markets strategy is being updated to support organic growth and inorganic opportunities. Copyright 2023 Surperformance. 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 measurement, analysis and control systems for solar cell manufacturers. 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. The only way we can achieve our dreams and goals is by working together. Aurora Solar Technologies 's ( ACU) Relative Strength Index (RSI) is 35.04, creating a Neutral signal. This decision has delivered intended benefits beyond obvious cost savings. First Name. Headquarters. 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. The bright light of a solar flare on the left side of . Build because you should, not because you can. They are found in industrial facilities and virtually all major research institutes throughout Asia, Europe and North America. One damaged transformer won't cause much of an issue. Its proprietary measurement and modeling technologies help. Aurora is purchasing a proven business with a strong product brand, synergetic operational execution capability, institutional ownership and strategic relationships including the University of New South Wales School of Photovoltaics and Renewable Energy Engineering, a global center of excellence in photovoltaic industry. On 7 November 2011, it acquired Aurora Control Technologies Inc. through a reverse takeover and initiated its current business operations. 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. Today's top 113 Energy jobs in Mlaga, Andalusia, Spain.