Announces President Changes, President, Chief Executive Officer & Director. 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. Aurorans, solar professionals, society at largewe are all in this together. 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. CAPTCHA. Concurrently, the Board of Directors appointed Kevin Dodds to succeed Mr. Deans as President and CEO of the Company effective 1 October 2022. First Name. ENF Solar is a definitive directory of solar companies and products. Aurora Heredia Snchez Digital Marketing Specialist | Team Leader Mlaga, Andalusia, Spain. Wafer and cell forms and configurations have all changed, with continually increasing sizes and performance demands. This can trigger some bizarre phenomena. Aurora is acquiring accretive earnings through additive annual sales of approximately $10,000,000 Canadian dollars, that generates positive cash flow and has about $5,000,000 Canadian dollars of working capital. 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. Get the ev to assets ratio charts for Aurora Solar Technologies (AACTF). Forward-looking statements reflect current expectations of management regarding future events and operating performance as of the date of the MD&A. 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. Aurora's and BT Imaging's products are used by some of the world's most advanced and respected solar cell manufacturers. 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. Aurora's non-contact, high throughput DMTM and TCMTM products use proprietary patented technology, based on the principles of infrared spectroscopy sensing to measure the properties of the afore-mentioned solar cell chemical layers as they are deposited and thermally annealed. The total consideration issued by Aurora to BTi shareholders for this Acquisition was 62,969,351 common shares and $1,205,310 in cash. Owens said that if the 1859 solar storm were to happen today, we'd be "far more susceptible.". With headquarters near Vancouver, Canada, Aurora has operations in Shanghai, China and partners in all major solar manufacturing markets. By the end of March 2023, the combined business is expected to benefit from realized synergies combined with compelling revenues and margins with the objective of being on a cash flow run rate that is neutral to positive. Aurora's momentum has picked up over the last few years, right alongside solar. Granted, radio signals are much less important to basic communications today. Software Engineer, Computational Scientist, Product Marketing Manager, Competitive Intelligence. So far, we've been lucky. Message. We exist to support the worlds transition to solar at scale. Aurora Solar Technologies 100-788, Harbourside Drive, North Vancouver, BC, V7P 3R7 Click to show company phone Explore how you can get involved / how we can work together. All content is posted anonymously by employees working at Aurora Solar Technologies. Get the latest stock price for Aurora Solar Technologies Inc. (ACU), plus the latest news, recent trades, charting, insider activity, and analyst ratings. On 7 November 2011, it acquired Aurora Control Technologies Inc. through a reverse takeover and initiated its current business operations. 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. ", Solar Trade Platform and Directory of Solar Companies, Company Directory Turkey might be just the right place to go. We believe that solar energy is key to creating a better future. Stay up to date with what you want to know. We offer a suite of process measurement devices, interlinked with our breakthrough analysis and control systems. Tons of financial metrics for serious investors. At the end of October, BT Imaging held its first board meeting and management operations review since the acquisition. Its proprietary measurement and modeling technologies help. 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. Our solar platform transforms the process of designing, selling, and delivering projects. 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. 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 salary trends based on salaries posted anonymously by Aurora Solar Technologies employees. Aurora Solar Technologies Inc. published this content on 01 March 2023 and is solely responsible for the information contained therein. 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. See how the latest advancements in Aurora and HelioScope are making solar sales, design and delivery easier and faster. Claim your Free Employer Profile. 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 develops, manufactures and markets inline quality control systems for the solar cell manufacturing industry. The Company also announces stock option grants to directors, officers and consultants totaling 3,700,000 options exercisable at $0.11 for a five-year term. 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. 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? 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 11 March 2020, the coronavirus outbreak ("Covid-19") was declared a pandemic by the World Health Organization. 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. We work together to achieve a common goal, not for individual objectives. The Company recognizes there is room to improve based on the confidence of this adapted strategy. Average salaries for Aurora Solar Technologies Director Of Technology: $165,000. The bright light of a solar flare on the left side of . 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 . These measures have had a dramatic impact on the global economy in terms of supply chain constraints resulting in adopted procedures and proactive pricing policies relating to purchasing, production, sales, and deliveries. Jake BoumaCorporate DevelopmentPhone: +1 (604) 317-3936corpcomm@aurorasolartech.com. how about disabling your ad blocker on ENF? These and other factors should be considered carefully, and thus, readers should not. Top editors give you the stories you want delivered right to your inbox each weekday. Our products provide rapid payback, with ongoing profitability for our customers. There isnt a better time to join solar. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. "Then you lose refrigeration, you lose power to hospitals things get quite serious quite rapidly," Owens added. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events, or results to differ from those anticipated, estimated or intended. Aurora's website is located at www.aurorasolartech.com. Auroras momentum has picked up over the last few years, right alongside solar. 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. From the first impression to project installation, with Aurora, you can provide a personalized solar customer experience that is uncomplicated. All other material transaction terms remain unchanged. When we make decisions, we evaluate every idea by its merits, and pursue the best course of action. variations. 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. 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. 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. But if the radiation hits an astronaut in outer space, it can be very dangerous, Owens said. 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. Phone. The sun is much more likely to throw energy our way during its maxima. Leading solar companies depend on Aurora to outpace the industry. We value your teammates and the different perspectives they bring and respect, and celebrate our differences.
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