HOUSTON, Oct. 29, 2021 / PRNewswire / – Orbital Energy Group, Inc. (NASDAQ: OEG) (“OEG”) today announced its telecommunications subsidiary, Gibson Technical Services, Inc. (“GTS”), and recently acquired Full Moon Telecom LLC (“Full Moon”), this week successfully completed a rollout of 5G telecommunications services for several US wireless operators at Truist Park in Atlanta, Georgia, home of the Atlanta Braves.
The combination of Full Moon’s additional capabilities and GTS’s technical expertise and professional team enabled the deployment of the Truist Park Distributed Antenna System (“DAS”) to be completed ahead of schedule, providing a enhanced experience for fans in time for the first launch of Game 3 of the World Series.
“The success of this project demonstrates the value of acquiring Full Moon,” explained the CEO of GTS, Mike McCracken. “The ability to make key strategic acquisitions like Full Moon creates a combined highly skilled and technically competent workforce, which in turn provides a unique portfolio of services that will allow us to both further penetrate the telecommunications market and to better serve our customers. “
Orbital Energy Group, Inc. (Nasdaq: OEG) creates a diversified energy services platform through the acquisition and development of innovative companies. Orbital Energy’s business group includes Orbital Power Services, Orbital Solar Services, Orbital Telecom Services and Orbital Gas Systems.
Orbital Power Services provides engineering, construction, maintenance and emergency response solutions to the electricity, utility and intermediary markets.
Orbital Solar Services provides engineering, procurement and construction (“EPC”) expertise in the renewable energy sector and has established relationships with solar developers and panel manufacturers in the large-scale solar market.
Orbital Telecom Services, operating as Gibson Technical Services, has nationwide sites equipped to effectively support multi-vendor OEM technology environments and off-site facility construction operations as needed with services specializing in broadband, wireless, outdoor facility and building technologies, including healthcare. Orbital Gas Systems has been a leader for 30 years in innovative gas solutions, serving the energy, electricity and processing markets through the design, installation and commissioning of sampling systems, measurement and distribution of industrial gases.
As a publicly traded company, Orbital Energy is dedicated to maximizing shareholder value. Most importantly, our commitment to conducting our business with a high level of integrity, respect and philanthropic dedication enables the organization to make a difference in the lives of its customers, employees, investors and the global community.
For more information, please visit: www.orbitalenergygroup.com
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act, as amended, including those relating to the intended use of the product. These statements can be identified by the use of forward-looking phrases, including, but not limited to, “expect”, “anticipate”, “intend”, “plan”, “believe” , “Estimate”, “” predict “,” project “,” should “,” would “and similar expressions and the negative aspects of these terms. These statements relate to future events and involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from the results, performance or achievements expressed or implied by forward-looking statements. These factors include the risk factors set forth in documents filed by the Company with the Company. of the SEC, including, without limitation, its annual report on Form 10-K for the year ended December 31, 2020, its periodic reports on Form 10-Q and its regular reports on Form 8-K filed in 2020 and 2021, as well as the risks identified in the prior registration statement and the prospectus supplement relating to the offering. Prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Orbital does not undertake to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
John beisler Where Steven hooser
SOURCE Orbital Energy Group, Inc.