ORBITAL INFRASTRUCTURE GROUP, INC. LAUNCHES NEW WEBSITE
Rhea-AI Summary
Orbital Infrastructure Group (NASDAQ: OIG) announced the launch of its newly branded website, designed to enhance its communication of services in electric power, telecommunications, and renewable sectors. The site reflects the company's infrastructure strategy and ESG values. Following significant acquisitions to strengthen its position, OIG aims to grow its diversified services platform, focusing on maximizing shareholder value and creating a positive community impact. The updated digital presence serves as a resource for clients to better understand the solutions offered by OIG's operating segments.
Positive
- Launch of a new website enhances company presence and service communication.
- Supports OIG's diversified services strategy in electric power, telecom, and renewables.
- Positions the company for profitable growth with prior strategic acquisitions.
Negative
- None.
News Market Reaction – OIG
On the day this news was published, OIG gained 1.27%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
HOUSTON, Aug. 31, 2022 /PRNewswire/ -- Orbital Infrastructure Group, Inc. (NASDAQ: OIG), a diversified infrastructure services company, providing engineering, design, construction, and maintenance services to customers in the electric power, telecommunication, and renewable industries, today announced the launch of its newly branded website – www.orbitalinfrastructuregroup.com.
The new OIG site encompasses a value-driven, purposeful approach to the content shared, providing the viewer with an optimal presentation of our company.
"This new site supports OIG's infrastructure strategy and the diversified services platform that is available to our customers. The site highlights the solutions offered by our three operating segments; Electric Power, Telecommunication, and Renewables, and the companies that operate within these platforms," said Jim O'Neil, OIG's Vice-Chairman & CEO. "Furthermore, the website offers insight with regard to our mission on providing solutions to our customers that represent our ESG values."
Orbital Infrastructure Group, Inc. (Nasdaq: OIG) is a diversified infrastructure services platform, providing engineering, design, construction, and maintenance services to customers in three operating segments; electric power, telecommunications, and renewables.
Beginning in April 2021, Orbital Infrastructure Group transformed its infrastructure strategy with the acquisitions of GTS and Front Line Power Construction, the company's telecommunications and electric power segment platforms, as well as three synergistic "tuck in" acquisitions (IMMCO, Inc, Full Moon Telecom, and Coax Fiber) and the divestiture of its legacy Orbital Gas Systems business. The Company is now positioned to profitably grow its infrastructure services platform for years to come, organically and through synergistic acquisitions to capitalize on strong multi-year end market drivers in the industries we serve.
Orbital Infrastructure Group is dedicated to maximizing shareholder value, by striving to exceed our customers' expectations, building a diverse workforce, and making a positive difference in the lives of our employees and the communities in which we operate, and contributing to reducing the carbon footprint through the services we provide.
For more information please visit: www.orbitalinfrastructuregroup.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 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.
Foster Marketing
Tiffany Harris, President & CEO
337-278-1097
tharris@fostermarketing.com
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SOURCE Orbital Infrastructure Group, Inc.
FAQ
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