Pr. Paragios received an IBM faculty award in 2014, a European Research Council excellence award in 2011 & 2016, while in 2008 was the laureate of the Greece's (nationality or descent) highest honor (world-wide) for young academics and scientists, the Bodossaki Prize. In 2006, he was named one of the top 35 innovators world-wide innovators under the age of 35 from the MIT's Technology Review. Professor Paragios is member of the scientific council of Safran conglomerate since 2012.