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Aurora Solar Technologies Inc V.ACU

Alternate Symbol(s):  AACTF

Aurora Solar Technologies Inc. is a Canada-based company. The Company 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. Its 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

Comment by Possibleidiot01on Feb 07, 2022 3:32pm
153 Views
Post# 34406065

RE:Provides an Update on Its Insight(TM) Data Science Product

RE:Provides an Update on Its Insight(TM) Data Science Product We have a company that gave away its' product to get technological validation form an industry leader . This industry leader is a long time ACU customer which may be proof this industry is brutally competitive or ACU's offering has a slower payback period that the customer found did not justify investing in.


"Aurora's initial evaluation of its Insight Essentials product is now complete, with the product validation needs successfully met, particularly the project's objective of progressing Insight Essentials for market readiness. Due to customer constraints, there has been no financial consideration exchanged at this time."


Feb25 , 2021

"

The principal objectives of this evaluation project are to determine the yield management and quality control cost-saving potential of Insight Essentials, and to quantify the business case for its use as a subscription-based product in a high-volume production environment.  The project is expected to start during March 2021, will be for an initial period of 90 days, and is expected to fully complete within 180 days.

 

“We are very pleased to announce this evaluation project with one of the industry’s technology leaders,” said Gordon Deans, Aurora’s Chief Executive Officer. “They are a long-standing Aurora customer, and we value their support as we implement our vision to create a new industry standard by improving solar cell manufacturing yield and performance measurement through the intelligent mining and analysis of available data.”

November 2, 2021
 

Aurora announced that a second Insight Essentials evaluation agreement has been signed, with a major solar cell and module manufacturer in China. This new evaluation, starting in the current quarter and expected to complete during the first half of 2022, aligns with the Company's plan for a staged rollout of Insight, culminating in general market availability later in 2022.

 

The current evaluation that is underway with an industry technology leader is progressing favorably and as anticipated. Leveraging the capabilities of Insight Essentials associated with yield management and quality control, elimination of costly special diagnostic operations was pinpointed by our lead customer as a valuable use case for Insight. Detailed workflow definition and an associated enhancement to the Insight platform took place during the summer and into the first part of October. This strategic project is now expected to be finalized within the current quarter.

 

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