# NuScale Power and Paragon sign license agreement for HIPS platform

NuScale Power and Paragon Energy Solutions have signed a license agreement to enable widespread use of the Highly Integrated Protection System (HIPS) platform, a reactor protection system for nuclear applications.

- Type: Contract
- Announced: 2022-07-13
- Where: United States
- Status: announced
- Products: Highly Integrated Protection System (HIPS) platform, reactor protection system
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [NuScale Power](https://endata.com/companies/9960.md) (supplier)
- [Paragon Energy Solutions](https://endata.com/companies/59343.md) (customer)

## Sources

- [citybiz.co](https://www.citybiz.co/article/292286/nuscale-power-and-paragon-sign-license-agreement/), 2022-07-13: "The nuclear community shares a common goal of delivering carbon-free and reliable power to our respective customers and ensuring the highest level of safety."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.