Newcleo SA
PARIS, March 02, 2026 (GLOBE NEWSWIRE) — S.R.S. Servizi di Ricerche e Sviluppo (“S.R.S.”), a subsidiary of European advanced nuclear technologies company newcleo, has been awarded USD 42 million1 in contracts for the “Research Activities and Experimental Infrastructure for the Lead Fast Reactors Technology Demonstration (4ALFRED)” European Union funded project. The project is being led by Romania’s state-owned nuclear energy company RATEN and forms part of the broader effort to advance the lead-cooled fast reactor demonstrator ALFRED.
This contract further strengthens newcleo’s EPC offering, demonstrating the group’s industry competencies, and ability to deliver complex nuclear projects.
Founded in 1976, S.R.S. Servizi di Ricerche e Sviluppo (S.R.S.) has been part of the newcleo Group since 2023. S.R.S. specializes in the design, supply and commissioning of complex and innovative plants, especially in the nuclear field. In recent years, S.R.S. has worked extensively on experimental facilities for Lead-cooled Fast Reactor (LFR) technologies, becoming a world leader in the field. Previous customers include Westinghouse (Lefreez, Lewin and Melecor) and INEST (Clear S; Clear M1x).
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SRS Colleagues at Brasimone Research Center
In line with the contract, S.R.S. will design, supply and commission a liquid lead loop-type facility (HELENA-2), a liquid lead pool-type facility (ELF) and confined modules to study the interactions between liquid lead and irradiated and non-irradiated fuels during accidents (MELTIN’POT). Building on successful past collaborations, S.R.S. will benefit from the expertise of ENEA (Italian National Agency for new Technologies, Energy and Sustainable Economic Development), which is involved as nominated subcontractor. S.R.S. will deliver the work by end of 2028.
These facilities will be owned and used by RATEN to investigate thermal-hydraulic behavior, materials performance and component qualification in liquid lead systems. The infrastructure, to be built at RATEN’s Mioveni site in Romania, will support its roadmap toward deploying lead-cooled fast reactor technology and strengthen Romania’s participation in next-generation nuclear systems.
Stefano Buono, CEO and Founder of newcleo, said: “The vertical integration of key suppliers of the nuclear industry sets newcleo apart from the competition. Newcleo isn’t simply designing reactors on paper, we are building real infrastructure that generates value for our customers and investors. This contract underscores our ability to generate revenues in the short term while we continue to deliver on our long-term reactor and fuel projects.”