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July 16, 2014
10:16 EDTGVPGSE Systems announces $9.5M in new orders
GSE Systems announced new contracts valued at approximately $9.5M involving accident modeling, simulation and engineering services. These projects were awarded during Q2. These new projects are expected to be executed over the next one to two years, and are comprised of $3.9M in nuclear simulator projects in China and Korea, including an order for GSE’s severe accident solution in China, $2.5M for three full-scope fossil simulators and several fossil simulator upgrades in the U.S., $1.3M for a variety of projects in Europe, including a basic principles simulator to teach fundamentals of Advanced Gas Reactor and other simulator upgrades, as well as engineering projects, $1.4M in upgrades to several nuclear simulators in the U.S., and $0.4M in various contracts for process simulation and training.
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October 16, 2014
09:05 EDTGVPGSE Systems announces contract with Specialized Petroleum Technologies
GSE Systems announced that Specialized Petroleum Technologies contracted with GSE to provide training products and services to Kasipkor Holding’s Atyrau Petroleum Education Center in Kazakhstan. The SPT contract is among multiple new projects, with an aggregate value of $17.5M announced by GSE earlier this month. Under the SPT contract, GSE will provide a training program to teach students fundamental sciences, process controls and other oil and gas technologies.

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