Orbital energy group's subsidiary, gibson technical services, acquires privately owned full moon telecom llc

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. the acquisition will add revenues and be accretive to earnings for gts and oeg beginning in the current fiscal quarter.
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