GSE Systems Awarded $1.5 Million Contract for Innovative Technology to Improve Nuclear Utility’s Fleet Plant Operations
GSE Systems, Inc. (GVP)
NASDAQ:AMEX Investor Relations:
gses.com/investors
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Source: Business Wire
COLUMBIA, Md.--(BUSINESS WIRE)--GSE Systems, Inc. (GSE or the Company) (Nasdaq: GVP), a leading provider of professional and technical engineering, staffing services, and simulation software to clients in the power and process industries, today announced that it has been awarded a contract from a major US nuclear operating company to deliver a Data Validation & Reconciliation (DVR) solution for improving the system coherency, reliability and availability of the utility’s large fleet of nuclear reactors.True North Consulting, a GSE company, will use its extensive expertise and proven software performance tools to create data reconciliation models of the client’s numerous nuclear reactor plants and integrate the models to enhance and automate DVR fleetwide.According to EPRI Journal, initial estimates suggest that over the next decade many US nuclear plants can justify investments of more than $100 million to modernize facilities while reducing non-fuel costs by 25%.1 These investmen
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GVP
Sec Filings
- 11/1/24 - Form 25-NSE
- 11/1/24 - Form 8-K
- 10/29/24 - Form 8-K
- GVP's page on the SEC website