Although several reports have indicated that eNOS is a highly sensitive calpain substrate, the occurrence of a concomitant Ca 2؉ -dependent activation of the synthase and of the protease has never been analyzed in specific direct experiments. In this study, we have explored in vivo how eNOS can undergo Ca 2؉ -dependent translocation and activation, protected against degradation by activated calpain. Here we demonstrate that following a brief exposure to Ca 2؉ -loading, the cytosolic eNOS-HSP90 complex recruits calpain in a form in which the chaperone and the synthase are almost completely resistant to digestion by the protease. Furthermore, in the presence of the HSP90 inhibitor geldanamycin, a significant decrease in NO production and an extensive degradation of eNOS protein occurs, indicating that dissociation from membranes and association with the chaperone is correlated to the protection of the synthase. Experiments with isolated membrane preparations confirm the primary role of HSP90 in dissociation of eNOS from caveolae. Prolonged exposure of cells to Ca 2؉ -loading resulted in an extensive degradation of both eNOS and HSP90, accompanied by a large suppression of NO production. We propose that the protective effect exerted by HSP90 on eNOS degradation mediated by calpain represents a novel and critical mechanism that assures the reversibility of the intracellular trafficking and activation of the synthase.The endothelial form of nitric-oxide synthase (eNOS) 2 is known to be present in resting cells associated with caveolae, interacting in an inactive form with caveolin-1 (1-6). Thus, dissociation from caveolae is the initial obligatory step of the overall activation process of eNOS required to remove the synthase from caveolin-1 inhibition. This mechanism is triggered by a [Ca 2ϩ ] i elevation and requires interaction of eNOS with both calmodulin (CAM) and HSP90 (7-15). These sequential reactions have been proposed on the basis of observations obtained mainly with immunoprecipitation experiments and using recombinant proteins (11,14,15). Furthermore, it is well known that eNOS is a sensitive calpain substrate (16 -21) and that the elevation of [Ca 2ϩ ] i required for the initiation of the eNOS activation cycle also induces the activation of this protease through its translocation to the membranes (22-25). It must be emphasized that several reports have described the proteolytic degradation of NO synthases, but its occurrence has been related to an intense intracellular Ca 2ϩ overload induced by exocytotic conditions or the removal of incorrectly folded NO synthase molecules. In this respect, it has been reported that HSP90 can affect the proteolysis of eNOS by regulating heme insertion and formation of the active dimeric enzyme form.At present, very little is known about the regulation of eNOS trafficking between different subcellular compartments. However, on the basis of the above considerations, it can be assumed that an efficient in vivo mechanism must be operating to protect the synthase i...