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Aurora Solar Technologies to acquire BT Imaging to accelerate growth The sun may be waking up after almost a decade of relative calm, scientists say and that could cause problems on Earth. 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. 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. 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. Average salaries for Aurora Solar Technologies Director Of Technology: $165,000. 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? 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. All amounts are expressed in Canadian dollars, unless otherwise indicated. 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. Give your sales team everything they need to close in one call: simple guided workflow, interactive consultations and eSignature to close on the spot. Let's deliver a new energy experience, one with the simplicity and predictability of a sunrise. Energy and charged particles from the sun are then ejected into space. We offer a suite of process measurement devices, interlinked with our breakthrough analysis and control systems. Medical, Dental, and Vision plans are 100% covered. With headquarters near Vancouver, Canada, Aurora has operations in Shanghai, China and partners in all major solar manufacturing markets. 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. 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. Additional roles may be added at the technical, operational and board level to advance the business in its three locations, Vancouver, Sydney and Shanghai. Phone. "We are delighted to have completed this important acquisition, as a key element of our growth and market development strategy in process control and yield management solutions for the PV industry. Dont accept the status quojust because it is, doesnt mean it has to be. 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. 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. 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. Copyright 2023 Surperformance. 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. All answers shown come directly from Aurora Solar Technologies Reviews and are not edited or altered. (, Aurora Solar Technologies Announces Repeat Volume Orders, Aurora Solar Technologies Announces Order from Chinese Solar Cell Manufacturer, By using the ENF website without adjusting your cookies settings, you agree to our use of cookies as described in our, 100-788, Harbourside Drive, North Vancouver, BC, V7P 3R7. 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. 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. The worst solar storm we've seen happened in 1859. 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. 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. Headquarters. The BBC reported that auroras were seen in the southern UK on Sunday night and that more were expected in the coming days. "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.". Still, we're not in immediate danger. The total consideration issued by Aurora to BTi shareholders for this Acquisition was 62,969,351 common shares and $1,205,310 in cash. Read through customer reviews, check out their past projects and then request a quote from the best solar panel installation companies near you. The interaction between these particles creates strong electrical currents that can flood infrastructure on Earth. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis and control systems for solar cell manufacturers. "The aurora oval that sits up over the northern and southern poles is a result of currents flowing in the Earth's atmosphere," Owens said. Check out our video and blog highlighting the phenomenal growth of solar and how Aurora empowers homeowners with a new energy experience. But several industries use radio signals to back up their other communications systems in case of failure. The goal is to determine Insight product viability through a commercial outcome prior to the end of the current calendar year. There isnt a better time to join solar. That instability causes havoc in the magnetic fields at the surface of the sun, which become much more active. Solar flares can disrupt radio communications and electric power grids on Earth. On 11 March 2020, the coronavirus outbreak ("Covid-19") was declared a pandemic by the World Health Organization. One damaged transformer won't cause much of an issue. The data provided from these measurement products provides the means to perform real time diagnostics, control, and equipment optimization quickly and effectively. The sun itself might be erupting in more beautiful formations. 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. Those currents in our upper atmosphere interact with the particles in the ground. We exist to support the worlds transition to solar at scale. Aurora Solar Technologies Inc. (ACU) | TSXV Stock Price | TMX Money 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. 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"). 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. Jake BoumaCorporate DevelopmentPhone: +1 (604) 317-3936corpcomm@aurorasolartech.com. Dont take things for granted and challenge assumptionsincluding your own. 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. 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. Leading solar companies depend on Aurora to outpace the industry. And when you do, build it well. Baker McKenzie LLP acted as Aurora's legal advisor on this transaction. Information is checked, categorised and connected. Perovskite Cells Perovskite cells are flexible, lightweight, and low-cost solar cells made using perovskite and organic materials. A single solar panel can cost around 400 euros to install, but obviously, this may vary depending on the size and type of system. We want you to get the best possible results from our products. 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. Perovskite cells hold promise to enhance photovoltaic deployment in a wide range of applications, such as powering vehicles and boats. 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. "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. Today's top 113 Energy jobs in Mlaga, Andalusia, Spain. Aurora Solar Technologies Completes BT Imaging Acquisition and A finders fee of $18,375 was paid and 183,750 finders warrant were issued which are exercisable into common shares at $0.20 for a period of one year. Aurora is an inline solar cell measurement equipment specialist. In that case, Owens said, restarting the grid "could be a matter of weeks or even months.". A copy of this Management Discussion and Analysis ("MD&A") will be provided to any applicant upon request. Scientists are also learning more and more about our sun. Forward-looking statements reflect current expectations of management regarding future events and operating performance as of the date of the MD&A. These solar cells are then wired together (typically in groups of 60 or 70 cells) and framed to form modules. Announces President Changes, President, Chief Executive Officer & Director. We know we can always do better, and we strive to do so every day. AACTF Stock | News | AURORA SOLAR TECHNOLOGIES Stock Price Today Aurora's website is located at www.aurorasolartech.com. We decided to go out to the site and measure the house by hand with the homeowner, and in every instance, Aurora was correct. Aurora Solar was named Rising Star Company. 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. Aurora's website is located at www.aurorasolartech.com. Distributed by Public, unedited and unaltered, on 01 March 2023 22:19:16 UTC. 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.