About GSE Solutions
GSE Solutions is a company based in Baltimore (United States) founded in 1971 was acquired by Pelican Energy Partners in August 2024. It operates as a Professional Services and Managed Services. The company has 278 employees. GSE Solutions has completed 5 acquisitions, including Absolute Consulting, GSE Solutions and GSE Solutions. GSE Solutions offers products and services including Simulation Solutions, Design Engineering, and Thermal Performance Services. GSE Solutions operates in a competitive market with competitors including Framatome, Tokamak Energy, BHI Energy, Proxima Fusion and Ansaldo Energia, among others.
- Headquarter Baltimore, United States
- Employees 278
- Stage Public
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website gses.com
- Social LinkedIn X Facebook
- Acquired by Pelican Energy Partners (Aug 2024)
- Annual Revenue$45.04 M (USD)-6as on Dec 31, 2023
- Net Profit-$8.72 M (USD)43as on Dec 31, 2023
- EBITDA-$6.63 M (USD)53as on Dec 31, 2023
- Latest Funding Round$25M (USD), Debt – Conventional
May 2018
- InvestorsCitizens Bank
& 2 more
- Employee Count278
- Investments & AcquisitionsAbsolute Consulting
& 4 more
- Acquired byPelican Energy Partners
(Aug 2024)
Products & Services of GSE Solutions
GSE Solutions offers a comprehensive portfolio of products and services, including Simulation Solutions, Design Engineering, and Thermal Performance Services.
High-fidelity simulators are provided for training purposes.
Engineering design services are offered for various industries.
Performance monitoring solutions are delivered for power plants.
Funding Insights of GSE Solutions
- Total Rounds 4
- Last Round Debt – Conventional — $25M
- First Round $9.3M
(Jun 2007)
- Investors Count 2
All 4 funding rounds of GSE Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2018 | $25M | Debt – Conventional | – | – | |
| Jan 2017 | $5M | Debt – Conventional | – | – | |
| Apr 2012 | $5.45M | Post-IPO | – | – | |
| Jun 2007 | $9.3M | Post-IPO | – | – | – |
3 investors in total: 3 institutional.
Investors in GSE Solutions
GSE Solutions has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Citizens Bank, My Pet Air Plant and Pelican Energy Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Live pet air plants are offered for adoption to children. | – | ngpetp.com | Washington, Dc, United States | |
A private equity firm focused on energy services investments. | – | pelicanenergypartners.com | Houston, United States | |
Commercial banking services are provided to individuals and businesses. | 1828 | citizensbank.com | Providence, United States |
Investor details for GSE Solutions
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Investor portfolios
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People of GSE Solutions
46 people are tracked at GSE Solutions (9 in leadership, 5 in board & advisors, 32 in team); the tracked headcount is 278.
| Name | Role | Group |
|---|---|---|
Kyle Loudermilk | CEO & President | Leadership |
Wayne Wasser | Chief Engineer - Civil/structural | Leadership |
Bahram Meyssami | Chief Technology Officer | Leadership |
Tony Smith | Director Of Business Development | Leadership |
Fred Villarreal | Chief Engineer | Leadership |
Balaji K. | Director Projects | Leadership |
Robert Luh | Project Director | Leadership |
Matthew Adams | Vice President GSE Engineering - Design & Analysis | Leadership |
Ken Cutler | Chief Engineer | Leadership |
Jim Stanker | Director | Board & advisors |
Jack Fuller | Chairman | Board & advisors |
Kathryn O’Connor Gardner | Director | Board & advisors |
Barnie Beasley | Director | Board & advisors |
Thomas J. Dougherty | Director | Board & advisors |
Terri Dibella | HR Manager | Team |
Jacquelyn Richardson | Recruiter | Team |
Keith Ward | Senior Recruiter At GSE Solutions | Team |
Gill Grady | Executive Advisor | Team |
Devin Hardin | Simulation Test Specialist | Team |
John Halstead | Maintenance Training Instructor | Team |
26 more people are available in the full profile.
Complete people profiles for GSE Solutions
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by GSE Solutions
GSE Solutions has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Absolute Consulting, GSE Solutions and GSE Solutions.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Engineering and simulation solutions are provided by GSE Solutions. | dpengineering.com | Fort Worth, United States | 1995 | Feb 2019 | $13.5M | |
Engineering services are provided to the electric power industry. | tnorthconsulting.com | Montrose, United States | 1999 | May 2018 | $9.75M | |
Recruitment and talent management services are provided by the firm. | truenorthkc.com | Kansas, United States | 2011 | May 2018 | $9.75M | |
Provider of technical consulting and staffing solutions to the global nuclear power industry | absoluteconsulting.com | Navarre, United States | 1997 | Sep 2017 | $8.75M | |
Training, development, and plant support services | hyperspring.com | Huntsville, United States | 2004 | Nov 2014 | $3M |
Complete acquisition details for GSE Solutions
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of GSE Solutions
10 dated milestones of GSE Solutions across 53 years, from founding to its latest funding, stage changes and deals.
- Founded GSE Solutions is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $9.3M.
- Acquisition Acquires Hyperspring.
- Acquisition Acquires Absolute Consulting.
- Funding Latest funding round, Debt – Conventional, of $25.0M.
- Acquisition Acquires Kaiyun Mobile Login - Kaiyun Online (China).
- Acquisition Acquires GSE Solutions.
- Acquisition Acquires GSE Solutions.
- Exit Acquired by Pelican Energy Partners.
Competitors of GSE Solutions
GSE Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Framatome, Tokamak Energy, BHI Energy, Proxima Fusion and Ansaldo Energia, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| framatome.com | 1958 | La Defense, France | – | 2,046 | Designer, manufacturer, and supplier of nuclear steam supply systems & nuclear equipment | |
| tokamakenergy.com | 2009 | Abingdon, United Kingdom | $212M | 170 | Clean fusion energy and superconducting magnet technologies are developed. | |
| bhienergy.com | 1979 | Weymouth, United States | – | 4,380 | Renewable energy and oil & gas projects are developed. | |
| proximafusion.com | 2023 | Munich, Germany | $195.85M | – | Fusion power plants are developed for clean energy generation. | |
| ansaldoenergia.com | 1853 | Genoa, Italy | – | – | Turnkey power generation plants are designed, built, and serviced. | |
| tractebel-engie.com | 1986 | Brussels, Belgium | – | – | Engineering and consulting services for sustainable energy projects are provided. | |
| realtafusion.com | 2021 | Madison, United States | $45M | – | Nuclear energy projects are developed in Madison, United States. | |
| energysingularity.cn | 2021 | Shanghai, China | $58M | – | Nuclear energy projects are developed by Energy Singularity in China. | |
| opc.com | 1974 | Tucker, United States | – | 319 | Generates and supplies reliable electric power to cooperatives in Georgia, emphasizing safety and environmental responsibility. |
Detailed competitors of GSE Solutions
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of GSE Solutions
The website of GSE Solutions (gses.com) receives about 6.8K visits a month.
- Monthly visits6.8K
▲ 4.1% vs previous month
Websites whose visitors overlap most with GSE Solutions. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
 enggyd.blogspot.in | enggyd.blogspot.in | 100% | – | – | – |
softbits.co.uk | softbits.co.uk | 97% | – | – | – |
katmarsoftware.com | katmarsoftware.com | 97% | – | #2,060,865 | – |
grabitech.com | grabitech.com | 97% | – | – | – |
combustionsoftware.com | combustionsoftware.com | 97% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for GSE Solutions
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 15 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Gse Solutions
Complete news archive for GSE Solutions
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to GSE Solutions
10 companies that operate in the same segment as GSE Solutions (Nuclear & Fusion Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of energy solutions | 1925 | Juno Beach, Florida, United States | – | USD 26.53 B | 16,800 | |
Fuel and power producer in the nuclear energy sector | 2001 | United States | USD 307.86 M | – | – | |
Clean energy solutions for generation, retail, and heating are provided. | 1998 | Espoo, Finland | – | USD 5.86 B | 4,470 | |
Advanced nuclear reactors are designed for low-carbon energy solutions. | 2006 | Bellevue, Washington, United States | USD 1.46 B | – | 299 | |
Compact tokamak fusion reactors are developed with superconducting magnets. | 2018 | Cambridge, Massachusetts, United States | USD 3.93 B | – | – | |
Advanced nuclear reactors are designed, built, and operated by Newcleo. | 2021 | London, England, United Kingdom | USD 769.93 M | USD 11.38 M | – | |
Deuterium-based magnetic-nuclear fusion reactors are developed for power generation. | 2010 | Redmond, Washington, United States | USD 1.44 B | – | – | |
Energy corporation | 1903 | Newark, New Jersey, United States | – | USD 12.28 B | 13,050 | |
Energy utilities, natural gas, and communications technology are provided. | 1912 | United States | – | USD 29.55 B | 28,600 | |
FRC nuclear fusion reactors are developed using advanced beam technology. | 1998 | Lake Forest, California, United States | USD 1.32 B | – | – |
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Frequently Asked Questions about GSE Solutions
GSE Solutions was founded in 1971 and raised its 1st funding round 36 years after it was founded.
GSE Solutions is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.
GSE Solutions has 278 employees.
Annual revenue of GSE Solutions is $45.04M as on Dec 31, 2023.
GSE Solutions is involved in delivering advanced simulation solutions and engineering services primarily for the power generation sector. The company is focused on high-fidelity simulators for nuclear, fossil, and process industries, alongside design engineering and thermal performance services. Operations are extended to support license renewal, consulting, and staffing for energy-related projects. With over 50 years of experience, a wide range of innovative solutions are offered to meet customer needs across multiple sectors.
GSE Solutions's top competitors include Tokamak Energy, BHI Energy and Proxima Fusion.
GSE Solutions offers Simulation Solutions, Design Engineering, and Thermal Performance Services.
GSE Solutions has made 5 acquisitions, including Absolute Consulting, GSE Solutions, and GSE Solutions.
GSE Solutions has 3 investors. Key investors include Citizens Bank, My Pet Air Plant, and Pelican Energy Partners.
Yes. GSE Solutions was acquired by Pelican Energy Partners in August 2024.