GSE Systems Increases Backlog by Approximately 60% with the Sale of Three Full Scale Nuclear Simulator Systems
SYKESVILLE, Md.-- GSE Systems, Inc. (“GSE” or “the Company”) (NYSE MKT: GVP), the world leader in real-time high-fidelity simulation systems and training solutions to the power and process industries, today announced that it has been awarded a contract to design, engineer and deliver three full scope simulator systems to an existing client, a major nuclear power plant operator based in the southern United States. GSE will deliver a second reference plant simulator to each of three nuclear plant sites over the next 18 to 24 months, dramatically enhancing the simulation capabilities of the customer’s fleet. Work will commence immediately.
Addressing future training needs exacerbated by an aging workforce and the need to expand the nuclear reactor operator workforce, the new full scope simulation systems will significantly enhance each plant’s ability to train more people, at higher throughput and with enhanced capabilities, for workforce development and on-going training.
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Published: 18 March 2016
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