OEG - Mergers and acquisitions

HOUSTON, Oct. 26, 2021 /PRNewswire/ -- Orbital Energy Group, Inc. (NASDAQ:OEG) ("OEG") today announced its telecommunications subsidiary, Gibson Technical Services, Inc. ("GTS"), has entered into a definitive Purchase Agreement to acquire 100% of Full Moon Telecom LLC ("Full Moon"), a Florida-based, privately-owned telecommunications service provider that offers an extensive array of wireless service capabilities and experience including Layer 2/Layer 3 Transport, Radio Access Network ("RAN") Integration, test and turn-up of Small Cell systems and Integration/Commissioning of Distributed Antenna ("DAS") systems.

HOUSTON, May 17, 2021 /PRNewswire/ -- Orbital Energy Group, Inc. (NASDAQ:OEG) ("Orbital Energy" or the "Company") today reported unaudited financial results for the three months ended March 31, 2021. Financial and Operating Highlights: Reported total revenues of $9.5 million for the first quarter of 2021, a 67% increase compared to $5.7 million for the first quarter of 2020; Gross loss was $1.3 million for the first quarter of 2021, compared to gross profit of $0.6 million for the first quarter of 2020, the decrease was attributable to ramp-up costs at Orbital Power Se

HOUSTON, April 14, 2021 /PRNewswire/ -- Orbital Energy Group, Inc. (NASDAQ:OEG) ("OEG" or "Company") today announced the completion of its previously announced acquisition of 100% of the capital stock of Gibson Technical Services, Inc. ("GTS"), an Atlanta-based telecommunications company providing diversified telecommunications services nationally since 1990, effective April 13, 2021. Upon completion of the acquisition, GTS became a wholly-owned subsidiary of OEG.  The senior management team, including CEO, Mike McCracken, COO, Jon Martin, and CFO, Robert Moore will remain wit