COLUMBIA, Md., July 17,
2023 /PRNewswire/ -- GSE Solutions ("GSE
Systems, Inc." or "GSE") (Nasdaq: GVP), a leader in advanced
engineering and workforce solutions that supports the future of
clean-energy production and decarbonization initiatives of the
nuclear power industry, today announced a combined-capabilities
contract valued at approximately $1.5M for engineering and staffing support for a
commercial uranium enrichment facility in North America.
GSE's new customer is focused on providing safe, cost-effective,
and reliable uranium enrichment within a high environmental, social
responsibility, and corporate governance standards
framework.
This contract was initiated through the Utilities Service
Alliance (USA) Speciality
Engineering Program agreement and will combine GSE's
Engineering and Workforce Solutions divisional expertise to support
our client in the following areas:
- Delivery of engineering design services and modification
packages in support of nuclear enrichment systems and
equipment.
- GSE will develop engineering designs under the GSE Quality
Assurance program.
- Fill two essential field personnel positions, including an
Electrical Engineer and Senior Mechanical Engineer, to verify
equipment using specific processes where needed.
"We are pleased to add this uranium enrichment provider to our
elite partner-customer roster," said Kyle
Loudermilk, President and Chief Executive Officer of GSE
Solutions. "GSE was able to leverage our status as a Specialty
Engineer of Choice provider for USA, and this opportunity demonstrates how we
can successfully expand our services into natural adjacencies
within the nuclear sector. We are excited to see this relationship
be successful and grow as we move forward."
ABOUT GSE SOLUTIONS
Proven by more than 50 years of
experience in the nuclear power industry, GSE knows what it takes
to help customers deliver carbon-free electricity safely and
reliably. Today, GSE Solutions leverages top talent, expertise, and
technology to help energy facilities achieve next-level power plant
performance. GSE's advanced Engineering and Workforce Solutions
divisions offer highly specialized training, engineering design,
program compliance, simulation, and technical staffing that reduce
risk and optimize plant operations. With more than 1,100
installations and hundreds of customers in over 50 countries, GSE
delivers operational excellence. www.gses.com
Media Contact
Sunny
DeMattio
GSE Solutions
Director of Marketing & Communications
sunny.demattio@gses.com
Direct: +1 410.970.7931
Investor Contact
Adam
Lowensteiner
Vice President
Lytham Partners
gvp@lythampartners.com
Direct: +1 646.829.9702
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SOURCE GSE Systems, Inc.