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 as of December 31, 2022. 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 as on 31 Dec, 2022
- Stage Public
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
$45.04 M (USD)-6as on Dec 31, 2023
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Net Profit
-$8.72 M (USD)43as on Dec 31, 2023
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EBITDA
-$6.63 M (USD)53as on Dec 31, 2023
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Latest Funding Round
$25 M (USD), Debt – Conventional
May 11, 2018
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Investors
Citizens Bank
& 2 more
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Employee Count
278
as on Dec 31, 2022
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Investments & Acquisitions
Absolute Consulting
& 4 more
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Acquired by
Pelican Energy Partners
(Aug 13, 2024)
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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.
People of GSE Solutions
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Funding Insights of GSE Solutions
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.
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Live pet air plants are offered for adoption to children.
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A private equity firm focused on energy services investments.
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Commercial banking services are provided to individuals and businesses.
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Investor details for GSE Solutions
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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.
Investment portfolio details for GSE Solutions
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- Portfolio identities
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Recruitment and talent management services are provided by the firm.
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Training, development, and plant support services
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Engineering services are provided to the electric power industry.
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Locked | Locked | 1999 | Locked |
Complete acquisition details for GSE Solutions
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Financial Statements - GSE Solutions
Detailed financials for GSE Solutions
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Gse Solutions Comparisons
Peer comparison for GSE Solutions
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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 year | HQ Location | Description |
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Designer, manufacturer, and supplier of nuclear steam supply systems & nuclear equipment
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Clean fusion energy and superconducting magnet technologies are developed.
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Renewable energy and oil & gas projects are developed.
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Fusion power plants are developed for clean energy generation.
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Turnkey power generation plants are designed, built, and serviced.
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Engineering and consulting services for sustainable energy projects are provided.
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Detailed competitors of GSE Solutions
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Latest news on Gse Solutions
Complete news archive for GSE Solutions
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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.
As of Dec 31, 2022, the latest employee count at GSE Solutions is 278.
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.