We make the case for the early development of a Mid-Frequency-Band (MFB) gravitational wave (GW) observatory in geosynchronous orbit (73,000 km arm), optimized for the frequency band 10 mHz to 1 Hz. MFB bridges the science acquisition frequencies between the ground observatories LIGO/VIRGO (4/3 km arm - as well as future planned ones 10/40 km arm), and the milli-hertz band of LISA (2.5 Gm arm)- with usable sensitivity extending to 10 Hz. We argue that this band will enable the timely development of this game-changing field of astrophysics, with observations of medium mass Binary Black Holes (BBH) and Binary Neutron Stars (BNS) sources prior to their mergers in the LIGO frequency range as well as Extreme Mass Ratio Inspirals (EMRI)s and mergers of supermassive BBH within the main detection band. MFB is better placed than LISA to access this exciting frequency region.