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Aurora Solar Technologies Provides Insight(TM) and Organizational Update, and Announces Second Insight Evaluation Agreement
North Vancouver, British Columbia--(Newsfile Corp. - October 26, 2021) - Aurora Solar Techn...
About this update from Aurora Solar Technologies, Inc.
[{"type":"text","content":"Aurora Solar Technologies Provides Insight(TM) and Organizational Update, and Announces Second Insight Evaluation AgreementNorth Vancouver, British Columbia--(Newsfile Corp. - October 26, 2021) - Aurora Solar Technologies Inc. (TSXV: ACU) (\"Aurora\", the \"Company\") provides an update on the commercialization of the Company's new InsightTM data science product and organizational strengthening for market readiness and rollout, including the promotion of Tricia Pederson, CPA, CMA to Chief Financial Officer.Insight updateAurora is pleased to announce that a second InsightTM 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. These special diagnostic operations - requiring the routing of a series of raw material batches through a selected set of paths in the factory - are regularly used to confirm and/or quantify suspected faults or poor performance in individual manufacturing tools. Each operation requires hours of labour, reduces plant throughput, and can only confirm what is already intuitively suspected. Conversely, Insight not only eliminates the throughput reduction and labour, but also automatically pinpoints the highest-priority issues over any selected period and identifies the specific tools causing those issues - all based on actual production data rather than intuition. Insight's novel and unique data analysis algorithms isolate, quantify, and compare individual tool performance by filtering out \"noise\" caused by fluctuations in other tools' behaviour and by calibratio...