GSE Systems, Inc. (NASDAQ:GVP)

GSE Systems, Inc. provides simulation, engineering, and training solutions and services to the nuclear and fossil power generation, oil and gas, refining, chemicals, petrochemicals, industrial gas, manufacturing, transportation, and plant utilities markets worldwide. It operates in two segments, Performance Improvement Solutions and Staff Augmentation. The Performance Improvement Solutions business segment offers solution-oriented technologies and services. This segment offers simulation solutions, such as the non-specific plant systems of its EnVision product line used to teach fundamental processes to newly hired employees; custom plant-specific simulators used to train plant operators; engineering-grade simulation solutions used to help clients verify and validate control systems prior to new plant construction or modification of existing plants; and engineering-grade simulation solutions used for human factors engineering. Its training services include turnkey and custom training services and 3D visualization training products; and engineering services comprise plant design, automation and control systems design, functional safety and compliance analysis, and engineering consultations. The Staff Augmentation segment provides specialized workforce solutions primarily to the nuclear industry. This segment’s staff augmentation positions include instructors, procedure writers, work management specialists, planners, outage execution specialists, corrective action and self-assessment specialists, and training material developers. It also offers a software platform for online learning and learning management for the energy market. The company markets its products and services through a network of direct sales staff, agents and representatives, and strategic alliance partners. GSE Systems, Inc. was founded in 1994 and is headquartered in Sykesville, Maryland.