Aurora Solar Technologies and SEMCO Group Announce Strategic Partnership
By Marketwired News
By Marketwired News
MONTPELLIER, FRANCE and NORTH VANCOUVER, BRITISH COLUMBIA–(Marketwired – June 11, 2015) – Aurora Solar Technologies Inc. (“Aurora“) (TSX VENTURE:ACU), a leader in inline measurement and control technology for the photovoltaic manufacturing industry, and the SEMCO Group (“SEMCO”) announce that they have entered into a strategic partnership to provide solar cell manufacturers with an integrated quality control solution to maximize yield and profitability for high-efficiency cell fabrication.
The partnership combines Aurora’s Veritas™ and Decima™ with SEMCO’s LYDOP™ and LYTOX™ ultra-high capacity horizontal diffusion and annealing furnaces. The benefit of this offering will be a simplified capability for manufacturers to observe, control and optimize key parameters in cell fabrication for high yield and reduced product binning costs. These outcomes are critical for profitability in the highly competitive solar cell manufacturing industry.
As part of the partnership, Aurora’s Decima and Veritas products will be installed and used for cell fabrication and customer demonstrations in SEMCO’s IrySolar photovoltaic fabrication facility and laboratory.
“SEMCO provides high-throughput emitter diffusion and annealing furnaces to quality discerning cell producers worldwide, and we continue to achieve new growth milestones in installations and advancements in technology. The SEMCO-Aurora partnership has resulted in orders for six Aurora measurement and control systems to date, and we anticipate many more as the market demand for production of the highest quality and efficient solar cells continues to develop,” said Claude Giral, SEMCO’s PV Product Director.
“We are very pleased to have entered into this relationship with SEMCO, who has consistently been in the forefront of advanced technology in production equipment for high quality solar cell manufacturing. We anticipate accelerated business growth through this strategic business relationship with SEMCO,” said Greg Ayres, Aurora’s Chief Operating Officer.
Aurora Solar Technologies Inc. produces measurement and control solutions which allow solar cell producers to improve manufacturing yield, lower costs, decrease waste and attain higher margins. 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.auroracontrol.com.
Founded in 1986 and based in Montpellier, France, the SEMCO Group is one of the most advanced engineering companies specialized in the development and manufacture of photovoltaic and semi-conductor capital equipment backed by disruptive technology. The SEMCO Group’s primary mission is to deliver leading-edge industrial and technological solutions to the renewable energy industry. We are committed to deliver innovative and cost-effective products and services on time that meet our customer requirements through continual improvement of quality and work practices. For more information, SEMCO’s website is located at www.theSemcoGroup.com.
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 forward-looking 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 forward-looking statement.
Aurora Solar Technologies Inc.
Michael Heaven, P.Eng., MBA
Chairman & CEO
+1 (778) 241-5000
Investor Relations contact:
The Howard Group
Dave Burwell/Brad Dryer
+1 (888) 221-0915