StageAcquired | Acquired
About BT Imaging
BT Imaging designs and builds manufacturing tools used by the manufacturers of photovoltaic bricks, wafers, and cells. It specializes in solar cell efficiency and manufacturing yields by applying luminescence imaging to the manufacturing of silicon wafers and solar cells. The company was founded in 2007 and is based in Waterloo, Australia. In March 2022, BT Imaging was acquired by Aurora Solar Technologies.78M.
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Expert Collections containing BT Imaging
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
BT Imaging is included in 1 Expert Collection, including Renewable Energy.
This collection contains upstream and downstream solar companies, as well as those who manufacture and sell products that are powered by solar technology.
BT Imaging Patents
BT Imaging has filed 28 patents.
The 3 most popular patent topics include:
- Cardiac arrhythmia
- Causes of death
- Emergency medical services
Semiconductor device fabrication, Photovoltaics, Solar cells, Spectroscopy, Energy conversion
Semiconductor device fabrication, Photovoltaics, Solar cells, Spectroscopy, Energy conversion
Latest BT Imaging News
Nov 2, 2022
North Vancouver, British Columbia--(Newsfile Corp. - November 2, 2022) - Aurora Solar Technologies Inc. (TSXV: ACU) ("Aurora", the "Company") is pleased to provide an update regarding the integration of the acquisition of BT Imaging, a renewed focus to commercialize the Company's InsightTM data science product and the strategic direction for the united combined business. During his first month as Chief Executive Officer, Kevin Dodds has been focused on the integration of BT Imaging and re-energizing the Aurora technical and operational teams based on a corporate culture of accountability and respect. During the month of October, Kevin has been in Sydney, Australia to assess BT Imaging operations, listen to employees to support culture and leadership changes and efficiently realize synergies. One of the first decisions made was to combine global sales teams and to wind down Aurora's Chinese operations placing the commercial responsibility for the Insight product with BT Imaging in Sydney and Shanghai under a revised organizational structure. This decision has delivered intended benefits beyond obvious cost savings. It was important to inject energy and direction to the Insight product with a renewed focus on product readiness and commercial validation. The goal is to determine Insight product viability through a commercial outcome prior to the end of the current calendar year. The other primary objective was to achieve alignment among senior leadership by: (i) stabilizing the Aurora business through synergies derived from the BT Imaging acquisition combined with a disciplined approach to Insight's product commercialization; (ii) leveraging available synergies to support growth; and (iii) embracing a broadened product suite and customer base to better position the combined company for diversification. By placing the commercial responsibility for the Insight product inside BT Imaging, the Company will be able to improve its technical sales capability to secure potential customer orders. As part of the Company's renewed focus, it is now in the process of delivering an important reporting milestone for the existing Insight evaluation project in China which is the basis for negotiating a commercial outcome. In addition, the combined business is beginning to show signs of diversification with a new Insight evaluation deployed last week in Malaysia with one of the world's largest PV manufactures. The Company's objective for this new Insight evaluation is to obtain technical acceptance within sixty days of deployment together with a commercial arrangement secured to confirm product viability. BT Imaging is also diversifying with a recent product sale for a new in-line cell manufacturing application in Europe along with a first sale for a newly developed product regarding perovskite solar cells. While in Australia, Kevin also met with various new institutional shareholders resulting from the BT Imaging acquisition to reaffirm their support for the combined business and its adapted strategy to drive growth. In addition, Kevin met with legal, accounting, and advisory professionals who are supporting the business and met the University of New South Wales' innovation office regarding collaboration, commercialization, and technology funding opportunities. In Australia, there is strong policy and investment support for solar and renewable energy with UNSW's School of Photovoltaic and Renewable Energy Engineering recognized as a global center of excellence. The combined business's core expertise in process control and understanding of solar manufacturing techniques, and its ability to collaborate with customers and to attract enabling technologies, places the Company in a strong position to pursue emerging opportunities within North America, Australia and/or Europe. At the end of October, BT Imaging held its first board meeting and management operations review since the acquisition. The Company is pleased to confirm that the business is performing well and is on track to achieve its fiscal June 2022 financial and operational targets including, approximately C$10,000,000 in sales, profitability, and cash flow positive. BT Imaging's year end (June 30, 2022) audit is nearing completion without any material issues being identified and the Company remains on track for filing its Business Acquisition Report on November 8, 2022. The Company's December 2022 quarter will be the first consolidated one after the cost intensive September quarter that includes large one-time acquisition costs. By the end of March 2023, the combined business is expected to benefit from realized synergies combined with compelling revenues and margins with the objective of being on a cash flow run rate that is neutral to positive. To grow the business beyond its internal resources, additional financing may be required to scale the Insight product and/or fast track diversification through acquisition, collaboration or technology development. Any financing will be tied to a disciplined approach to deploy capital relative to its market opportunity. The Company's leadership is evolving following the acquisition of BT Imaging and is the beneficiary of a young, technically smart and motivated team. The board has been restructured with the appointment of Kevin Dodds as Chief Executive Officer and Roger Buckeridge as a new board director and strategic advisor to Kevin. An invigorated organizational structure has been implemented which includes the appointment of Chao (Hunter) Shen as General Manager of BT Imaging with profit and loss responsibilities, Tricia Pederson as Chief Financial Officer with corresponding operational responsibilities, and Sal Sanci in charge of Technology and Development with corresponding operational responsibilities. Additional roles may be added at the technical, operational and board level to advance the business in its three locations, Vancouver, Sydney and Shanghai. The Company's capital markets strategy is being updated to support organic growth and inorganic opportunities. The Company recognizes there is room to improve based on the confidence of this adapted strategy. Finally, it is with deep sadness that the Company reports the passing of David Robinson who was a recent addition to the board. On behalf of the Company, we would like to recognize the contributions of David and his energy and guidance will be missed. The Company sends its condolences to David's family and his friends and it will remember to tackle business with enthusiasm, dedication and hard work; the same way as David did in life. About Aurora Solar Technologies: Aurora Solar Technologies Inc. is a leader in the development and delivery of inline process control and yield management solutions for solar cell manufacturers. We believe that solar power will be a dominant element in the renewable energy field, and our mission is to bring quality and profitability to every customer through superior control of critical processes during solar cell manufacturing. Aurora's Australian subsidiary, BT Imaging Pty Ltd, founded in 2007, has a 15 year-history of servicing top tier solar cell and cell manufacturers who supply the majority of the world's production, based on market leadership with its advanced photoluminescence-based quality assurance imaging tools. Aurora's and BT Imaging's products are used by some of the world's most advanced and respected solar cell manufacturers. With headquarters near Vancouver, Canada, Aurora has operations in Sydney, Australia, Shanghai, China, and partners in all major solar manufacturing markets. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. Aurora's website is located at www.aurorasolartech.com . BT Imaging's website is located at www.btimaging.com . For further information contact:
BT Imaging Frequently Asked Questions (FAQ)
When was BT Imaging founded?
BT Imaging was founded in 2007.
Where is BT Imaging's headquarters?
BT Imaging's headquarters is located at Unit 26, 198-222 Young Street, Waterloo.
What is BT Imaging's latest funding round?
BT Imaging's latest funding round is Acquired.
How much did BT Imaging raise?
BT Imaging raised a total of $6.66M.
Who are the investors of BT Imaging?
Investors of BT Imaging include Aurora Solar Technologies, UniSeed, Allen & Buckeridge and Applied Ventures.
Who are BT Imaging's competitors?
Competitors of BT Imaging include Bossa Nova Vision, 1366 Technologies, Suniva, MiaSole, Accustrata and 12 more.
Compare BT Imaging to Competitors
Meridian Deployment Corporation is a company that received a SBIR Phase I grant for a project entitled: Motion-Free Tracking Solar Concentrator. Their project investigates novel optical element (OE) for Photovoltaic (PV) systems that uses refractive index modulation to steer sunlight. It addresses the fundamental challenge of tracking the motion of the sun while keeping the concentrated light on the target. For decades this has been accomplished electro-mechanically using motors and feedback circuitry to physically move the optics and/or the target so that the device is always aligned with the sun. This project develops a simple, motion-free tracking system that eliminates all the negative aspects of current mechanical trackers. It is suitable for deployment on any PV system by adapting the optical characteristics. The project goals are to optimize design elements of the OE including materials, configuration and manufacturing technique, and building prototypes for testing in both lab and field sites. Phase I will establish a prototype of a motion-free tracking collector and concentrator that will address three interconnected design issues. These are 1) maximizing throughput of the device by eliminating unwanted reflections from various interfaces, 2) maximizing the range of solar incidence angles, and 3) lowering the cost of the finished device for commercialization. The broader impact/commercial potential of this project will be to enable widespread adoption of localized solar power generation. This technology solves the inherent complexity of simultaneously realizing mechanical stability under wind and seismic loading, electro-mechanical tracking accuracy, and eliminates high costs associated with mechanical trackers. Phase I of this program will establish technical benchmarks to maximize the steering range and light concentration ratio for a novel motion-free tracking system. New conductive coatings are index-matched to minimize internal reflections that cause loss of light throughput, while lens geometries and other components will be engineered to maximize efficiency of the system. Because the device is low-profile and lightweight, it can be easily installed on existing rooftops without requiring substantial structural reinforcement, making commercial acceptance likely. This motion-free tracking technology has these commercial advantages over existing solar PV systems: simple, inexpensive installation, low profile esthetics, and more efficient solar power generation for commercial and residential installations. In summary, it will generate more electricity from a smaller footprint for lower overall cost.
Telio Solar Technologies, Inc. is a company focusing on development & manufacturing of CIGS Thin Film Solar Cells. The company's goal is to produce the most cost effective manufacturing technology for CIGS solar modules in large scale and achieve one of the highest CIGS cell efficiency and yield in the industry. The company believe the company can accelerate the advancement of CIGS technology and its successful commercialization. CIGS is prospected to be the solar cell technology with the advantages of high energy conversion efficiency, production throughputs and cost-effective production and Telio Solar intends to fully optimize these advantages to bring mass production to the market.
Alenas Imaging is a company that received a STTR Phase I grant for a project entitled: Thermoreflectance for Defect Mapping and Process-Control of Solar Cells. Their project will demonstrate a new method of thermographic imaging to improve the manufacturing yield and energy conversion efficiency of silicon photovoltaic solar cells. Although thermographic imaging is an ideal method for locating the defects and shunts in solar cells which compromise their efficiency, conventional infrared cameras do not have sufficient spatial resolution to be effective as a production tool for NDE (Non-Destructive Evaluation). The proposed technology will produce 100X higher spatial resolution with 1 mK thermal resolution at much lower system cost than infrared cameras. project will demonstrate a new method of thermographic imaging to improve the manufacturing yield and energy conversion efficiency of silicon photovoltaic solar cells. Although thermographic imaging is an ideal method for locating the defects and shunts in solar cells which compromise their efficiency, conventional infrared cameras do not have sufficient spatial resolution to be effective as a production tool for NDE (Non-Destructive Evaluation). The proposed technology will produce 100X higher spatial resolution with 1 mK thermal resolution at much lower system cost than infrared cameras.
Ultrasonic Technologies is a company that received a SBIR Phase I grant for a project entitled: Resonance Ultrasonic Vibrations for Defect Characterization in Solar Silicon Wafers. Their Phase I research project addresses fundamentals of the innovative experimental methodology for quick and accurate assessment of mechanical defects in solar-grade full-size (up to 210 mm) silicon (Si) wafers. The objective is to justify a commercial prototype of the Resonance Ultrasonic Vibrations (RUV) system which ultimately will be used as a real-time in-line process control tool for identification and rejection from a solar cell production line of mechanically unstable, i.e. fragile wafers due to periphery cracks and high level of residual stress. The broader impact of the program will be in the commercialization of the RUV system to address critical needs of the photovoltaic (PV) industry. The world-wide PV market exhibits a steady yearly up to 40% growth rate in recent years. There is potential for applying this approach to other technologies, such as stress monitoring in Silicon-on isolator wafers and SiGe epitaxial layers in high-speed electronics and adhesion quality assessment in thin polycrystalline Si films on glass for flat panel displays.
Accustrata is a company that received a SBIR Phase IB grant for a project entitled: Real time optical control system for thin film solar cell manufacturing. Their research project relates to a real-time optical control system in the manufacture of next generation thin film solar cells and panels. The proposed system improves thin film solar cell manufacturing by improving the quality of the individual solar cells and panels. It allows manufacturing of more consistent and uniform products resulting in higher solar conversion efficiency and manufacturing yield. The proposed system uses patented miniature fiber optic sensors, installed at many locations in the film deposition chambers. They monitor different spots on the substrate and obtain real time measurements of film properties. The system compares the measured with the targeted values and provides immediate correction, improving film uniformity and narrowing material property distribution. It returns most of the products to their targeted specification, which would otherwise be rejected. This proposal will reduce waste and improve the manufacturing yield and the conversion efficiency of thin film solar cells and panels. It has specific benefits for the large-size solar panels, which are manufactured at higher cost today due to insufficient manufacturing yield. The proposed technology will reduce the time it takes for solar panels to reach grid parity with traditional energy sources. The proposed technology will also facilitate the development of numerous other applications for next generation thin film based products such as photonic crystals, nanotechnology, meta-materials, multi-junction solar cells, printing and counterfeiting control. This award is funded under the American Recovery and Reinvestment Act of 2009 (Public Law 111-5).
Welcome...nSolarion - the evolution and future of PhotovoltaicsnnSolarion plc aims at technological leadership in the industrial production of copper-indium-gallium-diselenide (CIGS) thin-film solar cells on flexible substrate materials. Compared to conventional photovoltaics, the production innovations of Solarion are breakthroughs in the efficient usage of clean solar energy: the flexible solar cells for the transformation of solar energy into electrical power will be less expensive to produce once mass production begins.
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