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Stock impact report

GSE and ABB Bailey Japan Announce Strategic Collaboration for Thermal Simulation to Japanese Power Market

GSE Systems, Inc. (GVP) 
NASDAQ:AMEX Investor Relations: gses.com/investors
Company Research Source: Business Wire
COLUMBIA, Md.--(BUSINESS WIRE)--GSE Solutions (GSE Systems, Inc. or GSE) (Nasdaq: GVP) a leader in delivering and supporting end-to-end training, engineering, compliance, simulation, and workforce solutions to the power industry, today announced a strategic collaboration with ABB Bailey Japan to jointly develop high-fidelity operation training simulators with ABB Bailey’s industry-leading distributed control systems (DCS) for the Japanese thermal market.The collaboration combines GSE’s highly specialized control room simulators, plant simulators, and thermal operator procedures with ABB’s capability in control systems, computer-based procedures, and decision support. Together GSE and ABB have decades of expertise and a record of developing leading technologies for power plant operators to greatly improve safety and efficiency through simulation. Simulation also allows verification and validation of engineering modifications for a holistic view of integrated plant operation. Operat Show less Read more
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