Glassdoor gives you an inside look at what it's like to work at Aurora Solar Technologies, including salaries, reviews, office photos, and more. All content is posted anonymously by employees working at Aurora Solar Technologies. 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. Scientists, however, fear that our reliance on electricity and interconnectivity could mean we're far more vulnerable to their effects this time around. Aurora Heredia Snchez Digital Marketing Specialist | Team Leader Mlaga, Andalusia, Spain. If the currents flood the electrical grid, they can blow up transformers. Still, a space-weather event in 1989 shows just how vulnerable we've become: A huge geomagnetic storm on March 13 cut power for 6 million people in Quebec for nine hours. We can. Leverage your professional network, and get hired. Weve outclassed our competition so you can conquer yours. 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. Auroras momentum has picked up over the last few years, right alongside solar. MARKET POSITION AND DEVELOPMENT, AND IMPACT OF THE COVID-19PANDEMIC. There can be no assurance that forward- looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Aurora Solar Technologies salary trends based on salaries posted anonymously by Aurora Solar Technologies employees. Aurora Solar Technologies 100-788, Harbourside Drive, North Vancouver, BC, V7P 3R7 Click to show company phone Stay up to date with what you want to know. 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. 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. We are a remote first team with office options too. 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. The solar or photovoltaic ("PV") energy industry is relatively young, fast-growing, and evolving in importance within the energy sector. 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. The bright light of a solar flare on the left side of . We believe that solar energy is key to creating a better future. We can keep accelerating solar growth, together. The Company's capital markets strategy is being updated to support organic growth and inorganic opportunities. Its technology improves solar cell efficiency . $500 home office stipends, $300/mo for hybrid work, and more. Jake BoumaCorporate DevelopmentPhone: +1 (604) 317-3936corpcomm@aurorasolartech.com. All answers shown come directly from Aurora Solar Technologies Reviews and are not edited or altered. With headquarters near Vancouver, Canada, Aurora has operations in Shanghai, China and partners in all major solar manufacturing markets. Build because you should, not because you can. 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. Aurora Solar Technologies 's ( ACU) Commodity Channel Index (CCI) is -196.40, creating a Buy signal. Aurora Solar Technologies, Inc. provides inline measurement, visualization, and control systems for the photovoltaic product manufacturing industry. (www.sedar.com). Aurora makes it smoother for everyone to switch to solar energyby transforming the way projects are designed, sold, and delivered. The Company recognizes there is room to improve based on the confidence of this adapted strategy. Dont stay static, dont stagnate. Dont accept the status quojust because it is, doesnt mean it has to be. 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. Based in North Vancouver, British Columbia. 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. Claim your Free Employer Profile. For further information. Any financing will be tied to a disciplined approach to deploy capital relative to its market opportunity. On August 25, 2022, Aurora acquired 100% of the outstanding share capital of BT Imaging Pty. Energy and charged particles from the sun are then ejected into space. 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. M ANAGEMENT D ISCUSSION AND A NALYSIS . Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. Not an offer or recommendation by Stocktwits. See disclosure here. "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.". Changes wont be saved until you sign up for an Enhanced Profile subscription. 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. We offer an extensive suite of services from measurement and control planning to system installation and post-installation support and optimization. Our products measure and display the results of critical cell fabrication processes, revealing material properties and the performance of manufacturing tools and processes. Aurora Solar Technologies develops, manufactures and markets inline quality control systems for the solar cell manufacturing industry. We're starting to see some of the effects of these solar flares. Contact Aurora Solar Technologies. 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. 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. Phone. 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. When we make decisions, we evaluate every idea by its merits, and pursue the best course of action. Dont take things for granted and challenge assumptionsincluding your own. 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. 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. Delayed Bourse de Toronto 14 weeks of parental leave at 100% base salary. On behalf of the Company, we would like to recognize the contributions of David and his energy and guidance will be missed. Attaining "Grid Parity" with fossil fuel energy sources is the solar industry's most urgent and important challenge. Announces President Changes, President, Chief Executive Officer & Director. 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 website is located at www.aurorasolartech.com. Even the International Space Station is still under the protection of the ionosphere. place undue reliance on the Company's forward-looking statements. (, 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. Announces Chief Executive Officer Changes, Aurora Solar Technologies Inc. New Energy jobs added daily. So far, astronauts have been lucky. 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. Claim your Free Employer Profile Website: www.aurorasolartech.com Headquarters: North Vancouver, Canada Size: 51 to 200 Employees Type: Contract Revenue: Unknown / Non-Applicable Competitors: Unknown Aurora Solar Technologies Reviews 5.0 5.0 Former Employee "Great company" Auroras products are designed specifically for inline applications in the PV manufacturing industry. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis and control systems for solar cell manufacturers. The data provided from these measurement products provides the means to perform real time diagnostics, control, and equipment optimization quickly and effectively. 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. The sun is a big ball of plasma, heated at its center. 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. We work together to achieve a common goal, not for individual objectives. A single solar panel can cost around 400 euros to install, but obviously, this may vary depending on the size and type of system. Distributed by Public, unedited and unaltered, on 01 March 2023 22:19:16 UTC. Our products provide rapid payback, with ongoing profitability for our customers. BTi's W series products are also used later in wafer production or at the incoming stage of cell production for quality assurance and classification of the as-cut wafers. And the latest solar cycle, which peaked around 2010, was particularly quiet and may have lulled us into a false sense of security. 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 processes during solar cell manufacturing. 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. Currency in CAD. Those currents in our upper atmosphere interact with the particles in the ground. We know we can always do better, and we strive to do so every day. "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. Equally important it will allow for new features that increase Insight's value and extend its importance as the core operational tool for production process optimization and control. This decision has delivered intended benefits beyond obvious cost savings. Create a highly accurate solar design without having to visit the site, saving time and money during the quoting process. In addition, the combined business is beginning to show signs of diversification with a new Insight evaluation deployed last week in Malaysia with one of the world's largest PV manufactures. Access your favorite topics in a personalized feed while you're on the go. 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. On demand, permit-ready solar plan sets available from Aurora in 24 hours. Additional roles may be added at the technical, operational and board level to advance the business in its three locations, Vancouver, Sydney and Shanghai. 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 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. During his first month as Chief Executive Officer, Kevin Dodds has been focused on the integration of BT Imaging and re-energizing the Aurora technical and operational teams based on a corporate culture of accountability and respect. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis and control systems for solar cell manufacturers. Tons of financial metrics for serious investors. 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. 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. how about disabling your ad blocker on ENF? But if the radiation hits an astronaut in outer space, it can be very dangerous, Owens said. 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. Auroras. Aurora's products are used by some of the world's most advanced and respected solar cell manufacturers. Medical, Dental, and Vision plans are 100% covered. "It was the smallest we'd had for about a hundred years," Owens said, adding, "The danger of going from a small cycle to a slightly bigger one is that you then realize where all the vulnerabilities are.". The Company was incorporated under the laws of the Province of British Columbia, Canada on 26 October 2006 as Pulse Capital Corp, a capital pool company. 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. 1K followers 500+ connections T O O UR S HAREHOLDERS . variations. In solar cell research and design applications, conducted in academic, government and industrial laboratories throughout the world, BTi's R series products are used to inspect and characterize wafer materials, examine experimental and pilot production design results, and verify electrical performance for comparison to design objectives. 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. 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. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis, and control systems for solar cell manufacturers. 100 - 788 Harbourside Drive North Vancouver, BC V7P 3R7 Canada. Aurora's website is located at www.aurorasolartech.com. Our solar platform transforms the process of designing, selling, and delivering projects. 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. 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. We believe that solar power will be a dominant element in the renewable energy field, and our mission is to bring quality and profitability to every customer through superior control of critical processes during solar cell manufacturing. 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. From the first impression to project installation, with Aurora, you can provide a personalized solar customer experience that is uncomplicated. We exist to support the worlds transition to solar at scale. We want you to get the best possible results from our products. These and other factors should be considered carefully, and thus, readers should not. Finally, it is with deep sadness that the Company reports the passing of David Robinson who was a recent addition to the board. Get the latest stock price for Aurora Solar Technologies Inc. (ACU), plus the latest news, recent trades, charting, insider activity, and analyst ratings. See how the latest advancements in Aurora and HelioScope are making solar sales, design and delivery easier and faster. "Then you lose refrigeration, you lose power to hospitals things get quite serious quite rapidly," Owens added. That could cause problems for air travel. 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. "And they're nearly always there, but they become very much stronger when we've got a geomagnetic storm going on.". Engage homeowners with an instant, personalized 3D solar estimate that builds your brand credibility and makes you stand out from the rest. 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. Give your sales team everything they need to close in one call: simple guided workflow, interactive consultations and eSignature to close on the spot. 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. 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 . Message. 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. This changing industry landscape and the pace of developments presents ongoing opportunities for high-end process control suppliers of measurement and automated diagnostic technologies. 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. This acquisition broadens the combined business by product and its process control systems capability along with diversifying sales by customer, product and geographic region. ENF Solar is a definitive directory of solar companies and products. Your customers get a premium experience and you save time. 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 total consideration issued by Aurora to BTi shareholders for this Acquisition was 62,969,351 common shares and $1,205,310 in cash. 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. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. On 11 March 2020, the coronavirus outbreak ("Covid-19") was declared a pandemic by the World Health Organization. Aurora Solar is a fast growing technology company that enables solar professionals to remotely design and sell solar and storage projects. The only way we can achieve our dreams and goals is by working together. 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. HIGHLIGHTS, SIGNIFICANT EVENTS AND TRANSACTIONS DURING THE PERIOD, The Business Acquisition report relating to the acquisition of BT Imaging PTY Ltd. was filed on Sedar on 8 November 2022. 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. 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. Get the ev to assets ratio charts for Aurora Solar Technologies (AACTF). Announces Passing of Board Member, David Robinson, Aurora Solar Technologies Corporate Update Regarding Leadership, Aurora Solar Technologies Inc. In the drive to Grid Parity, their unique products, built into the . 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. Further details for this event and instructions for participating will be provided in early September. 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. Granted, radio signals are much less important to basic communications today. We would have no business, and would not be able to accomplish our mission without our customers. Join us to create a future of solar energy for all. 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 Inc Stock - AACTF Share Price Today, News and Discussion ATNM 7.08% 0.42% KRL.X 0.03% More Advertisement 3rd Party Ad. This is the Aurora Solar Technologies company profile. 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. All securities issued pursuant to the private placement are subject to a hold period that expires on December 26, 2022. 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. All rights reserved. Email. 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. What are co-workers like at Aurora Solar Technologies. 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. Headquarters. As the geomagnetic storm messes with the ionosphere's magnetic charge, it creates currents in the ionosphere. The interaction between these particles creates strong electrical currents that can flood infrastructure on Earth. Can you imagine yourself waking up every morning knowing that youre helping create a more sustainable future? First Name. As the sun's local magnetic fields get more tangled and crash into each other, they can explode. 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. In that case, Owens said, restarting the grid "could be a matter of weeks or even months.". The goal is to determine Insight product viability through a commercial outcome prior to the end of the current calendar year. This means the sun will produce more solar flares, or powerful bursts of energy. Our products measure and display the results of critical cell fabrication processes, revealing material properties and the performance of manufacturing tools and processes. Sign up for notifications from Insider! There are any number of things you could build, but will they all make a significant difference in our clients lives? 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. A 2018 study looking at space weather at the time concluded that the cause was a huge solar storm. That's when the solar maximum happens. Wafer and cell forms and configurations have all changed, with continually increasing sizes and performance demands. Leading solar companies depend on Aurora to outpace the industry. Forward-looking statements reflect current expectations of management regarding future events and operating performance as of the date of the MD&A. 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 . Read through customer reviews, check out their past projects and then request a quote from the best solar panel installation companies near you. Aurora Solar was named Rising Star Company. We decided to go out to the site and measure the house by hand with the homeowner, and in every instance, Aurora was correct. The volume and breadth of PV manufacturing have increased dramatically over recent years, right across the industry, and the pace of change is not slowing with new government initiatives recently announced in Australia, North America, and Europe. Explore how you can get involved / how we can work together.