The ALFRED (Advanced Lead-cooled Fast Reactor European Demonstrator) project is led by Ansaldo Nucleare in collaboration with Belgian nuclear centre SCK-CEN, Italian ENEA, and Romanian RATEN. Selected as a European SMR Alliance EU-SMR-LFR project. A pre-licensing assessment was launched by Belgian, Italian, and Romanian nuclear regulators in September 2024. Targets commercial operation by 2040 as a pan-European fast reactor demonstrator.