In this contribution, we present the CoolGAL fast neutron production target system, to be used in the initial phase of the NEPIR irradiation beamline at the SPES facility, that will be operational in 2022. Initially, NEPIR will be used for shielding studies against fast neutrons for space applications and to investigate neutron-induced single event effects in microelectronic devices and systems. In CoolGAL, the neutron production component, a thick Be cylinder, is immersed in a static bath of Galinstan, a liquid alloy of Ga, In and Sn, contained by an outer water cooled copper cladding. MCNPX calculations indicate that, by using a 1 μA current of 70 MeV protons, it can produce a fast neutron energy spectrum that is somewhat flat the 30-65 MeV energy range and with a sharp cut-off at the beam energy. At the standard test point, located 2.6 m downstream from the source, the beam spot diameter, defined by the peculiar collimation scheme of the initial phase of NEPIR, is 10 cm and the integral fast neutron flux is Φn(1< En<65 MeV) ~ 3×106 n cm-2s-1. Using proton beams with two different energies, one can calculate, by subtraction, the effects due to the neutrons in the energy interval defined by the two cut-off values. Preliminary results of ANSYS calculations, for a 1 μA proton current of 70 MeV protons (70 W), show a limited regime temperature (28 °C) of the Be component, capable of ensuring the exceptional safety level required for the operation at SPES. The thermal reliability of CoolGAL is very promising for future developments that require higher proton currents.