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Owens said that if the 1859 solar storm were to happen today, we'd be "far more susceptible.". On 7 November 2011, it acquired Aurora Control Technologies Inc. through a reverse takeover and initiated its current business operations. Do it for Jared. BT Imaging's website is located at www.btimaging.com. as well as other partner offers and accept our. 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 BT Imaging Pty Ltd. (the "Acquisition") (please refer to the Company's news releases dated March 3, 2022, May 31, 2022, July 5 and July 28, 2022) has been completed effective August 25, 2022 in Vancouver, Canada and August 26, 2022 in Sydney, Australia. Our products measure and display the results of critical cell fabrication processes, revealing material properties and the performance of manufacturing tools and processes. 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. That energy can affect communication by messing with the ionosphere, a layer of charged particles in our upper atmosphere. And when you do, build it well. 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. 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. That instability causes havoc in the magnetic fields at the surface of the sun, which become much more active. CAPTCHA. 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. In the drive to Grid Parity, their unique products, built into the . See how the latest advancements in Aurora and HelioScope are making solar sales, design and delivery easier and faster. 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. BTi's R and W series products are used to verify the material effects of these processes on partially or wholly finished cells. Aurora Solar Technologies develops, manufactures and markets inline quality control systems for the solar cell manufacturing industry. Aurora Solar Technologies (ACU) Technical Analysis We offer a suite of process measurement devices, interlinked with our breakthrough analysis and control systems. 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. variations. A 2018 study looking at space weather at the time concluded that the cause was a huge solar storm. We decided to go out to the site and measure the house by hand with the homeowner, and in every instance, Aurora was correct. From the first impression to project installation, with Aurora, you can provide a personalized solar customer experience that is uncomplicated. 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. Distributed by Public, unedited and unaltered, on 01 March 2023 22:19:16 UTC. There isnt a better time to join solar. 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. Stay up to date with what you want to know. There are any number of things you could build, but will they all make a significant difference in our clients lives? Auroras momentum has picked up over the last few years, right alongside solar. 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. Announces Chief Executive Officer Changes, Aurora Solar Technologies Inc. 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. 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. 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. On demand, permit-ready solar plan sets available from Aurora in 24 hours. Aurora Solartech - Measure Visualize Control Aurora Solar Technologies completes acquisition of BT Imaging as it We exist to support the worlds transition to solar at scale. Weve outclassed our competition so you can conquer yours. 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. One damaged transformer won't cause much of an issue. products are used by some of the worlds most advanced and respected solar cell manufacturers. This is the Aurora Solar Technologies company profile. These forward-looking statements are made as of the date hereof. Aurora Solar was named Rising Star Company. Access your favorite topics in a personalized feed while you're on the go. These so-called solar maximums occur roughly every 11 years, and they haven't been much of a problem in the past. Keep asking questions and keep challenging yourself. Aurora Solar Acquires Folsom Labs - PR Newswire 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. Aurora Solar Technologies Inc. published this content on 01 March 2023 and is solely responsible for the information contained therein. Build because you should, not because you can. 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. Aurora Solar Technologies to acquire BT Imaging to accelerate growth "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.". Currency in CAD. We can keep accelerating solar growth, together. 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. Aurora Solar Technologies Provides an Update on Its Insight(TM) Data 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. Still, we're not in immediate danger. Auroras. All securities issued pursuant to the private placement are subject to a hold period that expires on December 26, 2022. Get 20 years of historical ev to assets ratio charts for AACTF stock and other companies. That motion, called convection, is what creates strong magnetic fields at the poles and smaller, local magnetic fields at the surface of the sun. The Company recognizes there is room to improve based on the confidence of this adapted strategy. 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. 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. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. Aurora Solar Technologies Director of Technology Salaries 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. Aurora Solar Technologies salary trends based on salaries posted anonymously by Aurora Solar Technologies employees. Scientists, however, fear that our reliance on electricity and interconnectivity could mean we're far more vulnerable to their effects this time around. Image: Aurora Solar Technologies Inline solar cell measurement equipment specialist Aurora Solar Technologies (AST) has. T O O UR S HAREHOLDERS . The Company sends its condolences to David's family and his friends and it will remember to tackle business with enthusiasm, dedication and hard work; the same way as David did in life. Ltd. ("BTi"), a global leader in photoluminescence (PL) imaging tools and instruments for PV material inspection and quality control. 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. 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. Aurora Solar Technologies, Inc. provides inline measurement, visualization, and control systems for the photovoltaic product manufacturing industry. With headquarters near Vancouver, Canada, Aurora has operations in Shanghai, China, and partners in all major solar manufacturing markets. 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. AACTF Stock | News | AURORA SOLAR TECHNOLOGIES Stock Price Today Let's deliver a new energy experience, one with the simplicity and predictability of a sunrise. 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. 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. 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. Aurora Solar Technologies Closes Private Placement Financing Raising Contact - Aurora Solartech 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. (www.sedar.com). So far, we've been lucky. 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. The sun is much more likely to throw energy our way during its maxima. 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 . Create a highly accurate solar design without having to visit the site, saving time and money during the quoting process. 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. 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. Aurora Solar Technologies Completes BT Imaging Acquisition and 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. A single solar panel can cost around 400 euros to install, but obviously, this may vary depending on the size and type of system. 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. 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. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis, and control systems for solar cell manufacturers. We believe that solar energy is key to creating a better future. 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. Last Name. Tons of financial metrics for serious investors. BTi's products are used in multiple parts of the PV supply chain -from silicon ingots and wafers, through to finished cells. Move fast and scale your sales and design operations with powerful artificial intelligence. (, Product Directory Get the ev to assets ratio charts for Aurora Solar Technologies (AACTF). The Company's leadership is evolving following the acquisition of BT Imaging and is the beneficiary of a young, technically smart and motivated team. Products - Aurora Solartech Phone: +1 (778) 241 5000 To grow the business beyond its internal resources, additional financing may be required to scale the Insight product and/or fast track diversification through acquisition, collaboration or technology development.