NuScale/Paragon agreement offers reactor protection system to broader industry
July 15, 2022, 7:00AMNuclear News
NuScale Power and Paragon Energy Solutions have signed a patent license agreement that will make NuScale’s Nuclear Regulatory Commission–approved reactor protection system architecture available to the broader nuclear industry, the two companies announced on July 12.
Known as the Highly Integrated Protection System (HIPS) platform, the system was developed by NuScale and Rock Creek Innovations (RCI), a hardware supplier of commercial nuclear protections systems, over six years of collaboration that began in 2010. Paragon, a supplier of safety-related parts and components, acquired RCI in December 2021.
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