DD Most panels are 20-22% efficient and just a .5% increase is worth millions to these manufacturers. Solar panel manufacturers have thin margins of around 15-20% so an increase in efficiency is game changing.
Aurora will take around a 10% share of the profits the manufacturer gains with the use of there product on a subscription basis. This increase is worth roughly 15 million per year for the costumer which would make Aurora’s cut roughly 750k-1.5 million USD per 5 GW plant, with around 200 GW worth of capacity in the world right now, growing at 25-30% each year. (230 GW worth of new plants where announced in 2020 to come online over the next 2 years)
The CEO also said the margins of the software product will be in the range of 75-85%. They have no debt, no competitors and have this tech patented.
Extra notes:
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AACTF has implement their hardware measuring products in approximately 50% of the industry (that are used to gather data the software uses) and are using these already existing relationships to introduce this new software product to these costumers.
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AACTF has signed a partnership with Wavelabs which makes solar testers for the end of production line. This product will be compatible with a later version of the software to get even more data. The two companies will work hand in had in introducing their products/advertising. Wavelabs are in 40% of all plants at the moments and will further help to accelerate the deployment of the software product