Aurora Solar Technologies completes acquisition of BT Imaging as it looks to expand offering

Facebook
Twitter
LinkedIn
Reddit
Email
Aurora is an inline solar cell measurement equipment specialist. Image: Aurora Solar Technologies

Inline solar cell measurement equipment specialist Aurora Solar Technologies (AST) has acquired PV equipment specialist BT Imaging for 63 million in common shares and over US$1.2 million in cash.

The acquisition is expected to accelerate Aurora’s growth by combining BT Imaging’s quality control tools with Aurora’s Insight data science platform, which Aurora said would broaden the offering of the combined business.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Australia-based BT imaging is an established company in photoluminescence (PL) imaging tools for PV material inspection and quality control during production as well as for laboratory use during product development.

The company’s products are used in multiple parts of the PV supply and are found in industrial facilities and major research institutes throughout Asia, Europe and North America.

“Aurora is purchasing a proven business with a strong product brand, synergetic operational execution capability, institutional ownership and strategic relationships including the University of New South Wales School of Photovoltaics and Renewable Energy Engineering, a global centre of excellence in photovoltaic industry,” Aurora said in a statement.

Moreover, the acquisition allows the Aurora to address solar silicon raw material quality control with an established product line, extend its market from PV cell manufacturing to also include R&D and quality control market segments.

The common shares are subject to escrow conditions and released in three tranches on 26 December 2022, 25 June 25 2023 and 25 December 2023 in the amount of 20,032,003, 21,468,674, and 21,468,674 common shares, respectively.

“We are delighted to have completed this important acquisition, as a key element of our growth and market development strategy in process control and yield management solutions for the PV industry,” said Gordon Deans, Aurora’s president and CEO.

“BTi brings a powerful brand, a world-class complementary product line and delivery team, and deep industry knowledge and strategic relationships such as with the University of New South Wales.”

Read Next

October 10, 2025
Australia's renewable energy sector recorded its slowest month of the year for additions in September, with 5.8GW of new projects added to development pipelines, according to data from Rystad Energy.
October 9, 2025
The Australian government has announced the results of the fourth Capacity Investment Scheme (CIS) tender, with 6.6GW of renewables awarded long-term contracts.
October 9, 2025
Singapore-based Sembcorp Industries has agreed to acquire ReNew’s 300MW solar power unit in India for around US$246 million.
October 8, 2025
The NSW Independent Planning Commission has granted planning approval for Potentia Energy's 500MW Tallawang solar-plus-storage project.
Premium
October 8, 2025
PV Talk: Smart Energy Council's Nigel Morris reflects on how Australia has become a global testbed for distributed solar and storage innovation.
October 8, 2025
University of Sydney scientists have created the largest and most efficient triple-junction perovskite-perovskite-silicon solar cell on record.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK