Orbital Energy Group's Subsidiary, Gibson Technical Services, And Full Moon Telecom LLC Successfully Complete 5G Deployment At Truist Park In Atlanta, Georgia
Orbital Energy Group (NASDAQ: OEG) announced the successful completion of a 5G deployment for multiple US Wireless Carriers at Truist Park in Atlanta, Georgia, by its subsidiary, Gibson Technical Services (GTS), and recently acquired Full Moon Telecom. The project, executed ahead of schedule, enhances fan connectivity during the World Series. GTS's CEO, Mike McCracken, emphasized the strategic value of the Full Moon acquisition, which strengthens technical expertise and market penetration, supporting their growth in telecommunications.
- Successful completion of 5G deployment ahead of schedule.
- Enhances fan experience at Truist Park during the World Series.
- Strategic acquisition of Full Moon Telecom expands service capabilities.
- None.
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 5G deployment of telecom services for multiple US Wireless Carriers 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 Truist Park's Distributed Antennae System ("DAS") to be completed ahead of schedule, providing an enhanced fan experience in time for the first pitch of Game 3 of the World Series.
"The successful completion of this project demonstrates the value of the Full Moon acquisition," explained GTS's CEO, Mike McCracken. "The ability to make key, strategic acquisitions like Full Moon creates a combined workforce that is highly skilled and technically competent, which in turn provides a unique portfolio of services that will allow us to both further penetrate the telecommunications market and better serve our customers."
About Orbital
Orbital Energy Group, Inc. (Nasdaq: OEG) is creating a diversified energy services platform through the acquisition and development of innovative companies. Orbital Energy's group of businesses 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 power, utilities, and midstream markets.
Orbital Solar Services provides engineering, procurement, and construction ("EPC") expertise in the renewable energy industry and established relationships with solar developers and panel manufacturers in the utility scale solar market.
Orbital Telecom Services, operating as Gibson Technical Services, has nationwide locations equipped to effectively support multi-vendor OEM technology environments and outside plant construction operations on an as-needed basis with specialized services in broadband, wireless, outside plant and building technologies, including healthcare. Orbital Gas Systems is a 30-year leader in innovative gas solutions, serving the energy, power and processing markets through the design, installation and commissioning of industrial gas sampling, measurement, and delivery systems.
As a publicly traded company, Orbital Energy is dedicated to maximizing shareholder value. But most important, our commitment to conduct business with a high level of integrity, respect, and philanthropic dedication allows the organization to make a difference in the lives of their customers, employees, investors, and global community.
For more information please visit: www.orbitalenergygroup.com
Forward Looking Statements
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 Private Securities Litigation Reform Act, as amended, including those relating to the expected use of proceeds. These statements may be identified by the use of forward-looking expressions, including, but not limited to, "expect," "anticipate," "intend," "plan," "believe," "estimate," "potential," "predict," "project," "should," "would" and similar expressions and the negatives of those terms. These statements relate to future events and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from any results, performance or achievements expressed or implied by the forward-looking statements. Such factors include the risk factors set forth in the Company's filings with 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 Current Reports on Form 8-K filed in 2020 and 2021, as well as the risks identified in the shelf registration statement and the prospectus supplement relating to the offering. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. Orbital undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
Investor Relations:
Three Part Advisors
John Beisler or Steven Hooser
817-310-8776
investors@orbitalenergygroup.com
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