NuScale Power and Paragon Energy Solutions signed a license agreement that will enable potential widespread use of the innovative and advanced Highly Integrated Protection System (HIPS) platform. The HIPS platform is a reactor protection system architecture jointly developed by NuScale and Rock Creek Innovations (RCI), a hardware supplier of commercial nuclear protections systems, who was acquired by Paragon in December 2021. RCI has partnered with NuScale since 2010, a relationship that speaks to NuScale's commitment to maintaining a U.S.-centered manufacturing and supply chain.

This relationship will continue to thrive under Paragon's leadership; Paragon has over 30 years of experience in providing the nuclear sector with well-established technology solutions, such as instrumentation and control (I&C) systems, sophisticated software testing, and numerous repair programs.