Claim your Free Employer Profile. The bright light of a solar flare on the left side of . We have monthly wellness classes and workshops. 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. So far, we've been lucky. 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. "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.". The sun is entering a period of peak activity that will last several years, an expert said. The Company has issued 11,650,000 units (the "Units") at the price of $0.10 per Unit for gross proceeds of $1,165,000. Aurora Solar Technologies Overview Work Here? 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. 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. Our products provide rapid payback, with ongoing profitability for our customers. Discussion of the Company, its operations and associated risks are further described in the Company's filings, available for viewing at www.sedar.com. 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. These so-called solar maximums occur roughly every 11 years, and they haven't been much of a problem in the past. The total consideration issued by Aurora to BTi shareholders for this Acquisition was 62,969,351 common shares and $1,205,310 in cash. 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. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. Leverage your professional network, and get hired. 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. 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. ", Solar Trade Platform and Directory of Solar Companies, Company Directory The Company follows the orders and recommendations of relevant government health authorities in its operational jurisdictions and continues to evolve operational procedures as required. Aurora Solar Technologies Closes Private Placement Financing Raising Aurora Heredia Snchez Digital Marketing Specialist | Team Leader Mlaga, Andalusia, Spain. 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. See how the latest advancements in Aurora and HelioScope are making solar sales, design and delivery easier and faster. During cell production, chemical and thermal processes transform the wafers from inert substrates to energy- generating cells. 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. Aurorans, solar professionals, society at largewe are all in this together. This changing industry landscape and the pace of developments presents ongoing opportunities for high-end process control suppliers of measurement and automated diagnostic technologies. These new common shares shall be subject to escrow conditions and released in three tranches on December 26, 2022, June 25, 2023 and December 25, 2023 in the amount of 20,032,003, 21,468,674, and 21,468,674 common shares, respectively. Aurora's website is located at www.aurorasolartech.com. Any financing will be tied to a disciplined approach to deploy capital relative to its market opportunity. 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. On August 25, 2022, Aurora acquired 100% of the outstanding share capital of BT Imaging Pty. Announces President Changes, President, Chief Executive Officer & Director. Software Engineer, Computational Scientist, Product Marketing Manager, Competitive Intelligence. 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. Products - Aurora Solartech This acquisition broadens the combined business by product and its process control systems capability along with diversifying sales by customer, product and geographic region. In Australia, there is strong policy and investment support for solar and renewable energy with UNSW's School of Photovoltaic and Renewable Energy Engineering recognized as a global center of excellence. 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. BTi, a private Australian company, is an established leader in photoluminescence (PL) imaging tools for PV material inspection and quality control during production, and for laboratory use during product development. 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. Baker McKenzie LLP acted as Aurora's legal advisor on this transaction. Aurora Solar is a fast growing technology company that enables solar professionals to remotely design and sell solar and storage projects. The BBC reported that auroras were seen in the southern UK on Sunday night and that more were expected in the coming days. 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"). Can you imagine yourself waking up every morning knowing that youre helping create a more sustainable future? Aurora is an inline solar cell measurement equipment specialist. 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. Aurora Solar Technologies Provides an Update on Its Insight (TM) Data Science Product and Associated Strategic Initiatives Aurora Solar Technologies Provides an Update on Its Insight (TM) Data. Aurora Solar Technologies Provides an Update on Its Insight(TM) Data 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. Aurora Solar Technologies 's ( ACU) Commodity Channel Index (CCI) is -196.40, creating a Buy signal. "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. 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. ENF Solar is a definitive directory of solar companies and products. The data provided from these measurement products provides the means to perform real time diagnostics, control, and equipment optimization quickly and effectively. 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. On 11 March 2020, the coronavirus outbreak ("Covid-19") was declared a pandemic by the World Health Organization. With headquarters near Vancouver, Canada, Aurora has operations in Shanghai, China and partners in all major solar manufacturing markets. Glassdoor gives you an inside look at what it's like to work at Aurora Solar Technologies, including salaries, reviews, office photos, and more. BTi's R series products are designed for laboratories and off-line production quality control and its W series products are used by silicon wafer and cell manufacturers for both in-line and off-line process control. 113 Energy jobs in Mlaga, Andalusia, Spain (2 new) Get the ev to assets ratio charts for Aurora Solar Technologies (AACTF). 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 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 . Image: Aurora Solar Technologies Inline solar cell measurement equipment specialist Aurora Solar Technologies (AST) has.