GSE Systems, Inc.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Ravi K. Khanna
- Full Time Employees
- 252
- Sector
- Technology
- Industry
- Software - Application
- Address
- 6940 Columbia Gateway Drive Columbia MD United States of America 21046
- IPO Date
- Jul 27, 1995
- CIK
- 0000944480
- Website
- gses.com
- Similar Companies
- Business
- GSE Systems, Inc. engages in the provision of advanced engineering services, simulation software, and staffing solutions primarily for the power and process industries, including nuclear, fossil fuel power generation, and various process industries. Its product portfolio includes high-fidelity power plant simulation systems, operator training systems, technical engineering services for American Society of Mechanical Engineers (ASME) codes such as in-service testing and inspection, mechanical, civil/structural, electrical and instrumentation design, digital controls and cybersecurity solutions, and fire protection engineering. The company operates through two main segments: Engineering and Workforce Solutions, serving clients across the United States, Asia, Europe, and internationally. Founded over 50 years ago and headquartered in Columbia, Maryland, GSE Systems focuses on improving plant operations, compliance, and performance optimization through its integrated software and engineering consulting services. Recent major changes include the completion of a merger with Pelican Energy Partners, a private equity firm focused on energy services, which was approved by shareholders and closed in October 2024, resulting in GSE Systems becoming a private company and delisting from Nasdaq. This strategic acquisition aims to provide GSE with enhanced resources and flexibility to pursue growth initiatives, invest in new technologies, and capitalize on clean-energy and decarbonization trends in the power industry. Additionally, GSE has secured significant contracts such as providing cutting-edge simulation technology for Rolls-Royce's small modular reactor (SMR) projects and continued expansion in simulation-based training and consulting services for nuclear and power generation clients. The company’s strategic direction emphasizes supporting clean energy production and addressing shifting industry demands through advanced training, simulation, and engineering innovation. GSE Systems continues to consolidate its market position through acquisitions and strategic partnerships, leveraging its expertise in performance improvement solutions tied to power plant operations, including detailed simulation software, operator training systems, and specialist engineering services. The company's workforce solutions complement its engineering capabilities by providing staffing services tailored to the technical needs of power and process industry clients globally. The company’s enduring focus on safety, operational excellence, and regulatory compliance underpins its comprehensive range of offerings designed to optimize power plant performance and extend operational lifetimes, positioning it as a leader in the energy engineering and simulation sector with a strong emphasis on nuclear and clean energy markets. Overall, GSE Systems maintains specialized offerings for clean and traditional energy sectors, with enhanced capabilities following recent privatization and investment by Pelican Energy Partners to support its growth in advanced engineering and training platforms globally.
Stockholders Approve GSE Solutions Merger with Pelican Energy Partners
Glass Lewis Recommends Shareholders VOTE FOR the GSE Merger
GSE Solutions Encourages Stockholders to VOTE FOR the AMENDED Merger
Bradley L. Radoff Reiterates Call for GSE Systems' Board Chair Kathryn O'Connor Gardner to Disclose 2025 Projections
GSE Solutions and Pelican Energy Partners Announce Amendment to Merger Agreement Providing for Increase in Merger Consideration to $4.60 Per Share
Bradley L. Radoff Issues Open Letter to GSE Systems' Board of Directors to State Opposition to Proposed Sale to Pelican Energy Partners
ISS Recommends Shareholders VOTE FOR the GSE Merger
GSE SYSTEMS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of GSE Systems, Inc. - GVP
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger and Looming Vote on October 25, 2024, of GSE Systems, Inc. - GVP
GVP Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of GSE Systems, Inc. Is Fair to Shareholders
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of GSE Systems, Inc. - GVP
GSE Systems Reports Second Quarter 2024 Financial Results
GSE SYSTEMS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of GSE Systems, Inc. - GVP
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of GSE Systems, Inc. - GVP
GSE Solutions to be Acquired by Pelican Energy Partners
GSE Solutions to Attend ANS UWC Conference 2024
Rolls-Royce SMR Signs $1.5M Contract for Cutting-edge GSE Simulation Technology
GSE Solutions Awarded Contract by Major Utility Company for Nuclear Flow Accelerated Corrosion Update Services
GSE Solutions to Participate in the Lytham Partners Spring 2024 Investor Conference on May 30, 2024
GSE Systems, Inc. (GVP) Q1 2024 Earnings Call Transcript