GSE Awarded $4.6 Million in Power Plant Simulator Upgrade Projects

 GSE Awarded $4.6 Million in Power Plant Simulator Upgrade Projects

GSE Systems Inc. received multiple contracts with an aggregate value of over $4.6 million that include nuclear, fossil, oil and gas-fired power projects in North America and Asia.

The contracts have been awarded since Sept. 1, 2015 and are expected to be completed over the next six to 24 months. GSE received $4 million in new awards to upgrade the simulator at the Hanul 1 nuclear power plant in South Korea. In China, a project was awarded for the use of GSE’s simulation technology and engineering services to aid the verification and validation of the conventional island systems design of the Chinese CAP1400 nuclear power plants.

GSE also received a contract to upgrade to a full scope simulator for a southern utility as well as an additional on-site technical services contract through its Hyperspring subsidiary for a U.S. nuclear plant. Additionally, GSE received an extension of ongoing work in nuclear waste reprocessing for a U.S. national laboratory.

GSE received awards exceeding $300,000 for a collection of simulator upgrade services, maintenance programs and software licenses in the fossil power simulation market.

The company also received contracts exceeding $360,000 to deliver its EnVision tutorials and simulators and simulator upgrades in the oil and gas industry.

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