North Vancouver, BC, Canada, June 28, 2017 – Aurora Solar Technologies Inc. (“Aurora”)(“Company”)(TSX.V: ACU, OTCBB: AACTF, FSE: A82), a leader in inline measurement and control technology for the photovoltaic manufacturing industry, is pleased to announce that it has reached an agreement with the industry’s largest solar panel manufacturer to examine capabilities and applications for the use of Aurora’s DecimaTM Gemini measurement system and VeritasTM process visualization system for their bifacial cell technology.
During the project, Aurora’s Decima and Veritas products will be installed at this manufacturer’s bifacial production facility and various aspects of production line ramp-up, monitoring and control will be investigated by Aurora and the manufacturer’s R&D and production personnel. Aurora’s infrared-based measurement technology and process visualization software will provide the manufacturer with real-time data needed to identify and solve problems with process variability. The project is expected to commence in September 2017.
“We are excited to work with the world’s largest solar panel manufacturer involving one of the industry’s fastest-growing high-efficiency solar cell designs,” said Gordon Deans, Aurora’s Chief Operating Officer. “This manufacturer approached Aurora because of our unique capabilities in the measurement and process characterization of bifacial cells and the resulting potential for faster production line ramp-up and ongoing yield performance. This is our third major opportunity with our Decima Gemini technology for bifacial cell applications since launching the product six months ago, and we look forward to broadening our leadership with this key technology through this project.”
About Aurora Solar Technologies:
Aurora’s mission is to deliver exceptional results to the photovoltaic industry through measurement and control of critical processes during solar cell manufacturing.
We measure and map the results of critical cell fabrication processes, providing real-time visualization of material properties and true production tool performance. Our products provide process engineers and production-line operators with the means to rapidly detect and correct process excursions, material faults, limit variations, and optimize processes, thereby eliminating yield-reducing and profit-killing product variation.
We are creating the standard for quality control systems for the global photovoltaic industry.
Headquartered in North Vancouver, Canada, and founded by experienced leaders in process measurement, semiconductor manufacturing and industrial automation, the Company’s shares are listed on the TSX Venture Exchange and trade under the symbol “ACU”. The Company was formerly “ACT Aurora Control Technologies”. For more information, Aurora’s website is located at www.aurorasolartech.com.
For further information contact:
Michael Heaven, P.Eng., MBA
President & Chief Executive Officer
Aurora Solar Technologies Inc.
Phone: +1 (778) 241-5000
Investor Relations contact:
Phone: +1 (604) 679-9964
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.
Some statements in this news release contain forwardlooking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. The Company does not assume the obligation to update any forwardlooking statement.