Changes

[[image:defkalion2.jpg|Alexandros Xanthoulis (born 1954), vice president. Xanthoulis also represents the Cypriot PRAXEN L.T.D.|left|thumb]]

[[image:defkalion2.jpg|Alexandros Xanthoulis (born 1954), vice president. Xanthoulis also represents the Cypriot PRAXEN L.T.D.|left|thumb]]

[[image:defkalion3.jpg|David Christian Aurel (born 1969), Managing Director. Aurel  also is a CEO of Invest Bank Montenegro|thumb]]

[[image:defkalion3.jpg|David Christian Aurel (born 1969), Managing Director. Aurel  also is a CEO of Invest Bank Montenegro|thumb]]

There is a small startup company in Athens named "Defkalion Energy" resp. "Defkalion Green Technologies S.A."<ref>http://www.defkalion-energy.com/</ref><ref>http://newenergytimes.com/v2/sr/RossiECat/docs/DefkalionBoardRegistration.pdf</ref> (named after [http://en.wikipedia.org/wiki/Deucalion Deucalion], son of Prometheus in Greek mythology), owned by various investors who, according to Rossi, will produce some of the energy catalyzers.. The owners of Defkalion are unknown, but are mostly from Greece and Middle Eastern countries according to Defkalion. Defkalion's major shareholder is a PRAXEN Ltd. based in Limassol (Cyprus).

There is a small startup company in Athens named "Defkalion Energy" resp. "Defkalion Green Technologies S.A."<ref>http://www.defkalion-energy.com/</ref><ref>http://newenergytimes.com/v2/sr/RossiECat/docs/DefkalionBoardRegistration.pdf</ref> (named after [http://en.wikipedia.org/wiki/Deucalion Deucalion], son of Prometheus in Greek mythology), owned by various investors who, according to Rossi, will produce some of the energy catalyzers.. The owners of Defkalion are unknown, but are mostly from Greece, Canada (64%) and Middle Eastern countries according to Defkalion. Defkalion's major shareholder is a PRAXEN Ltd. based in Limassol (Cyprus). Cyprus-based PRAXEN Ltd., connected to Defkalion vice-president Alexandros Xanthoulis, is in a position to keep its shareholders anonymous according to Cypriot law.

 

President of Defkalion is George Sortikos, one of the vice presidents is Christos Stremmenos (born 1932, former professor at Bologna University and  former Greek ambassador in Italy).<ref>The following persons from the management of Green Technologies are known:<br>

President of Defkalion is George Sortikos, one of the vice presidents is Christos Stremmenos (born 1932, former professor at Bologna University and  former Greek ambassador in Italy).<ref>The following persons from the management of Green Technologies are known:<br>

*Symeon Tsalikoglou, press spokesman</ref>

*Symeon Tsalikoglou, press spokesman</ref>

Cyprus-based PRAXEN Ltd., connected to Defkalion vice-president Alexandros Xanthoulis, is in a position to keep its shareholders anonymous according to Cypriot law. Andrea Rossi's wife Maddalena Pascucci seems to focus on controlling the commercial aspects of the business in energy catalyzers. She is a director of Italian EFA srl which has business connections to PRAXEN Ltd.

While Rossi's "Leonardo Corp." will handle business in USA, Greek company Defkalion is said to hold the license for sales for all countries except USA. According to Greek journal "Investor's World", premises of a former factory in the town of Xanthi have been bought, on which a 1&nbsp;MW-small power station equipped with Rossi's energy catalyzers is supposed to be built; these premises will manufacture energy catalyzers in future. The same source claims that Defkalion must be regarded a "200&nbsp;million Euro investment". Half of the investment money (about 100&nbsp;millions) is said to go to inventor Rossi later.<ref name="talefta" /><ref name ="scan" /><ref name="Investors World Article" />  According to Rossi, he will start with the production of his E-cat devices, even if the filed patent won't be granted. He also wants to continue production even if competitors understand his invention through reverse-engeneering.<ref> During a press conference held in june 2011 by Defkalion it was said, that the investment would be 300-400 million euro.<ref>citation: ..''Presented on Thursday, finally, officially, the energy investment project of the Greek company Defkalion Green Technologies SA on the industrial application of scientific discovery of the famous "cold fusion nickel and hydrogen" Italian professors Sergio Foccardi and Andrea Rossi has created great interest internationally''....''Investing a total budget of 300 to 400 million, includes three industrial units, which will settle in Thrace''.. source: article "Investing 400 million in Xanthi for "cold fusion" of hydrogen", in "Energy Press" , june 23, 2011</ref>

 

 

The business model of Defkalion allows long-time leasing of "E-Cat" devices to private clients. A 10&nbsp;kW or 20&nbsp;kW facility (information is ambiguous) is said to cost 1,300&nbsp;Euro per year, including operational costs and "fuel replacement", handled by manufacturers through replacing the device.

 

During a press conference of Defkalion, held in Xanthi on 23th of june 2011, it was said that contects would exist with chinese "China Research Center for Public Policy". A representative, Hauard Chen, attended the conference. According to Defcalion and several greek press articles, politicians of German „Green Party“ („Die Grünen“) and representatives of the local government of Baden Württemberg were also attending the conference. However, the name of these persons (if present) are unknow..<ref>http://www.xanthipress.gr/eidiseis/politiki/8178-episimi-parousiasi-tiw-defcalion-.html</ref><ref>http://translate.google.com/translate?hl=en&sl=auto&tl=de&u=http%3A%2F%2Fwww.xanthipress.gr%2Feidiseis%2Fpolitiki%2F8178-episimi-parousiasi-tiw-defcalion-.html</ref><ref>http://www.xronos.gr/detail.php?ID=69953</ref>

 

While the website of EON&nbsp;Srl has been "under construction" for months now, the page of Defkalion meanwhile offers a contact address in Athens and informs abouts products and future plans.<ref>Defkalion Green Technologies S.A., Temporary Head Quarters - Mesogeion Avenue&nbsp;2-4, Athens Tower, 18th&nbsp;Floor, GR-11527&nbsp;Athens, Tel: +30&nbsp;210&nbsp;7770602, Fax: +30&nbsp;210&nbsp;7770608. Email: info@defkalion-energy.com</ref> Domain registrant is one Andreas Meintanis from GR-19200&nbsp;Elefsina.

 

The website of Defkalion promotes as products future energy catalizer (Ecat) in the power range of 5-30 kW, without telling prices or delivery times. Also, a „Defkalion white paper“ is shown, in which information is given about the future Ecat-products. An interested observer could note several spelling errors and misleading units: (example) "Series C Hyperion 20kW product can generate up to 157 Mw in one year of operation".  

While the website of EON&nbsp;Srl has been "under construction" for months now, the page of Defkalion meanwhile offers a contact address in Athens.<ref>Defkalion Green Technologies S.A., Temporary Head Quarters - Mesogeion Avenue&nbsp;2-4, Athens Tower, 18th&nbsp;Floor, GR-11527&nbsp;Athens, Tel: +30&nbsp;210&nbsp;7770602, Fax: +30&nbsp;210&nbsp;7770608. Email: info@defkalion-energy.com</ref> Domain registrant is one Andreas Meintanis from GR-19200&nbsp;Elefsina.

According to Defkalion, the working principle of their Ecat would be the following:

While Rossi's "Leonardo Corp." will handle business in USA, Greek company Defkalion is said to hold the license for sales in Greece and the Balkans and will probably also be in charge of the intended European business. According to Greek journal "Investor's World", premises of a former factory in the town of Xanthi have been bought, on which a 1&nbsp;MW-small power station equipped with Rossi's energy catalyzers is supposed to be built; these premises will manufacture energy catalyzers in future. The same source claims that Defkalion must be regarded a "200&nbsp;million Euro investment". Half of the investment money (about 100&nbsp;millions) is said to go to inventor Rossi later.<ref name="talefta" /><ref name ="scan" /><ref name="Investors World Article" />  According to Rossi, he will start with the production of his E-cat devices, even if the filed patent won't be granted. He also wants to continue production even if competitors understand his invention through reverse-engeneering.<ref>From a chat conversation at Nyeteknik on March&nbsp;12, 2011</ref> According to press information, Defkalion intends to begin producing E-cats in 2012, at an annual production of 300,000 devices. During the first year, however, only 40,000 units were to be produced. Between 125 and 200 new jobs were to be created in Xanthi.

:‘‘The science behind the Ecat increases the probability of particles overcoming the electrostatic potential Coulom barriers in order to penetrate the nucleus by the quantum mechanical tunneling effect, yielding in an exothermic reaction between Hydrigen and Nickel. By decreasing the surface upon which a given amount of pressure is exerted, the odds for the tunneling effect to occur are increased, allowing für higher penetrability of the Coulomb barrier.‘‘

The business model of Defkalion allows long-time leasing of "E-Cat" devices to private clients. A 10&nbsp;kW or 20&nbsp;kW facility (information is ambiguous) is said to cost 1,300&nbsp;Euro per year, including operational costs and "fuel replacement", handled by manufacturers through replacing the device.

According to Defkalion, the power of their energy catalizer would be controlled by contolling the hydrogen pressure.

==Funding and Cooperation with Bologna University==

==Funding and Cooperation with Bologna University==