Orbital Infrastructure (OIG) Stock

Description:

Orbital Infrastructure Group, Inc. provides infrastructure services to customers in the electric power, telecommunications, and renewable industries. It engineers, designs, installs, upgrades, repairs, and maintains electric power transmission and distribution infrastructure, and substation facilities, as well as offers emergency restoration services; and provides drilled shaft foundation construction services to the electric transmission and substation, industrial, telecommunication, and disaster restoration market sectors. The company also offers engineering, design, construction, and maintenance services to the broadband and wireless telecommunication industries; enterprise solutions to the cable and telecommunication industries; and telecommunication services, such as various wireless service capabilities, as well as aerial installation, directional drilling, trenching, plowing, and missile crews for telecommunications, power, gas, water, CCTV, ATMS, and traffic signal cable installation. In addition, it provides engineering, procurement, and construction services that support the development of renewable energy generation focused on utility-scale solar construction. The company was formerly known as Orbital Energy Group, Inc. and changed its name to Orbital Infrastructure Group, Inc. in August 2022. Orbital Infrastructure Group, Inc. was incorporated in 1998 and is headquartered in Houston, Texas. On August 23, 2023, Orbital Infrastructure Group, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.