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Paragon Energy Solutions entered a preferred supplier agreement with Johnson Controls, making Paragon the exclusive worldwide supplier of Johnson Controls fire protection, security, and intrusion systems for the nuclear industry, in addition to existing HVAC solutions.
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.
Paragon Energy Solutions, a nuclear industry services provider, was acquired by Windjammer Capital Investors and the Paragon management team.