COLUMBIA, Md., July 1, 2021 /PRNewswire/ -- GSE Systems, Inc.
("GSE Solutions" or "GSE") (Nasdaq: GVP), a leader in advanced
engineering and workforce solutions that support, optimize and
decarbonize operations for the power industry, today announced the
sale of a complete simulator solution for a Combined Cycle Gas
Turbine (CCGT) plant that belongs to a global energy utility based
in Saudi Arabia. This simulator
solution will provide true high-fidelity models for operator
training and engineering for a global energy company that operates
in approximately 70 countries on 5 continents. This new order is
valued at $1.2 million.
The customer is committed to accelerate the transition towards
net zero carbon in 2045. The utility selected GSE as a simulation
partner, to boost their commitment to modernize, optimize and
greatly enhance their training capabilities and simulation
systems. Benefits of choosing GSE's simulation solution is
two-fold: first, it provides employees with a safe environment to
conduct comprehensive training for start-up, shutdown, plant upset
and normal operational conditions; GSE's simulation solution also
provides an innovative testing zone for future engineering analysis
for plant optimization and virtual commissioning.
"GSE Solutions is proud to support this customer with our
industry leading CCGT simulation technology and expertise," said
Kyle Loudermilk, President and CEO
of GSE Solutions. Loudermilk continued, "With our shared common
desire to make a positive impact on the world by implementing new
solutions to accelerate the transition to a carbon-neutral economy,
this project is a significant win for the customer and GSE. This is
a terrific example of GSE Solutions supporting decarbonization and
the stabilization of the power supply with clean energy."
ABOUT GSE SOLUTIONS
We are visionaries, and the solutions we create now will be at the
forefront of the power industry. GSE Solutions leverages five
decades of proven industry experience to provide unique and
essential engineering and workforce solutions, services and
products focused on performance optimization, regulatory
compliance, simulation, training, and staffing for customers
worldwide. As one of the largest independent companies serving the
clean energy sector of nuclear power and adjacent industries, our
solutions support the future of clean energy production and overall
decarbonization initiatives of the power industry. For
additional information about GSE Solutions, go to:
www.gses.com.
Media Contact
Sunny
DeMattio, GSE Solutions
sunny.dematttio@gses.com
P: +1 410.970.7931
Investor Contact
Lytham Partners
Adam Lowensteiner, Vice
President
(646) 829-9702
gvp@lythampartners.com
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SOURCE GSE Systems, Inc.