Twitter Facebook LinkedIn YouTube

Aurora Control Technologies (TSXV: ACU) Featured in Chris Berry's Disruptive Discoveries Journal

Video Platform Video Management Video Solutions Video Player

In a recent issue of the Disruptive Discoveries Journal, Chris Berry focused on solar power, which following a recent slump, is showing tremendous growth. Chris Berry identifies solar power as a multi-billion dollar business with many moving parts along its value chain. The report featured ACT Aurora Control Technologies, symbol ACU on the TSX Venture Exchange.

Additional Information:

Company: Aurora Control Technologies
Website: http://www.auroracontrol.com/
Stock Symbol: TSXV: ACU
Date Published: Aug 18, 2014
Transcript: Available

Video Transcript:

I’m Renee Hammond for Investmentpitch Media

In a recent issue of the Disruptive Discoveries Journal, Chris Berry focused on solar power, which following a recent slump, is showing tremendous growth.

Chris Berry identifies solar power as a multi-billion dollar business with many moving parts along its value chain.

The report featured ACT Aurora Control Technologies, symbol ACU on the TSX Venture Exchange.

Aurora Control develops, manufactures and markets inline production measurement and control systems for the solar wafer, cell and panel manufacturing industries.

The company’s primary products are the Decima CD in line measurement system and the Aurora PMC production controller.

The Decima CD is installed throughout a cell production line at multiple points to monitor the production process and the Aurora PMC serves as the control software which is networked to all Decima CDs.

A unique attribute of the company’s products is that it provides real-time measurement of cell manufacturing and allows a customer the ability to “fine tune” a cell manufacturing line on the go.

The company plans to sell its products and services to multiple cell manufacturers for use on multiple fabrication lines within each company.

It is not rare for a cell manufacturer to be running up to 10 lines or more at any given time, with the company offering.

With approximately 550 cell fabrication lines in existence today with more planned, the company is poised to grow along with the overall market.

Company management has indicated that a .2% increase in cell efficiency can add $1 million to a panel manufacturer’s bottom line profit.

Prices for the company’s services are to be negotiated, but with Bloomberg recently reporting that solar capital expenditures will reach $3 billion in 2014, there appears to be ample opportunity for Aurora which offers a solution providing a fast payback.

Global photovoltaic capacity was 139 gigawatts at the end of 2013 with another 44.5 gigawatts forecast to be added during 2014.

44.5 gigawatts is almost a 21% increase year-over-year and, according to Bloomberg, equals the output of 10 nuclear reactors, with one gigawatt able to power between 750,000 and 1,000,000 US homes.

The company has undertaken a strategy of aligning itself with top tier solar research facilities and solar cell manufacturers in various, and strategic parts of the world, providing the optimal strategy of having the product demonstrated by its customers.

The company is currently raising up to $1 million through a non-brokered private placement of 2.7 million units at $0.37 per unit.

The company currently trades at $0.37, and with 22.9 million shares outstanding, the company is capitalized at $8.5 million.

For more information about Aurora Control, please visit the company’s website www.auroracontrol.com, contact Michael Heaven Executive Chairman at 778-241-5000 or email info@auroracontrol.com.
.
To view the full report and sign up for free copies of future Disruptive Discoveries Journal reports, please visit www.discoveryinvesting.com.

I’m Renee Hammond for Investmentpitch Media
For more video news, and to view our disclaimer, please visit our website at www.investmentpitch.com
This video is for information purposes only and it not a recommendation to buy or sell any securities.