GSE Wins $4M Simulation Awards
Portfolio Pulse from Benzinga Newsdesk
GSE Systems, Inc. (GVP) has won two simulation awards totaling $4M. The first award, worth $2.5M, is for upgrading and integrating plant simulation models for a large, advanced reactor. The second award, worth $1.5M, is for qualifying and delivering a software-based reactor coolant system to support thermohydraulic models for a large international power industry supplier. This is a significant advancement in GSE's proprietary JADE JTopMeret simulation technology.
August 14, 2023 | 1:11 pm
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GSE Systems has won two significant simulation awards totaling $4M, which could boost its revenues and enhance its proprietary technology.
The news of GSE Systems winning two simulation awards worth $4M is directly related to the company and its operations. This could potentially increase the company's revenues and enhance its proprietary technology, which could positively impact its stock price in the short term.
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