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Aurora Solar Technologies Inc AACTF


Primary Symbol: V.ACU

Aurora Solar Technologies Inc. is a Canada-based company, which is engaged in the development, manufacturing and marketing material inspection and inline quality control systems for the solar polysilicon, wafer, cell and module manufacturing industries. The Company's products include DM and TCM instruments, Insight, Visualize and BT Imaging. Its services include system configuration and performance planning, such as design and engineering of DM, Visualize and Insight configurations to fit its client production line. The Company's Visualize product optimizes and controls processes by providing operators and process engineers with real-time three-dimensional visualization of intra-furnace dynamics, both spatially and by batch. Its BT Imaging product offers offline and inline photoluminescence inspection equipment for photovoltaic materials including silicon, perovskite and thin film materials for use at different processing stages from ingots, as-cut wafers and cells, to solar modules.


TSXV:ACU - Post by User

Post by ARIMA11on Oct 24, 2022 12:31pm
342 Views
Post# 35044017

Interesting

InterestingThis page was refreshed: https://www.appliedmaterials.com/us/en/applied-ventures.html

And BTI Imaging is still listed as an investment.
https://www.appliedmaterials.com/us/en/applied-ventures/portfolio.html

ACU has a BTI link to their homepage
https://aurorasolartech.com

Is there a possibility that Applied Venture is still invested somehow?
"Aurora Solar Technologies, together with our subsidiary BT Imaging..."
The acquisition had a private placement tied to it. Which also has warrants.

During the last investor call Mr. Deans insisted" We  don't need two CEOs", " I'm staying as a CEO" A few months later he "retires". Who driving that? ACU has not sold much in a while (DM's or Insight) and BTI is their ticket to revenue, Why would BTI agree to be acquired at that price?

More and more this looks like an RTO. While Mr. Dodd is accomplished, does he have the scientific expertise to be running ACU and BTI? Maybe its not needed but let's see if this an interim role.

Also the corporate presentation is one year old. Come on.
https://aurorasolartech.com/content/uploads/2021/09/ACU-presentation-abridged-210908.pdf
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