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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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Oklo and Centrus Sign Letter of Intent to Purchase Nuclear Fuel for Aurora Powerhouse Deployment in Southern Ohio

LCG, June 19, 2026--Oklo Inc. and Centrus Energy Corp. announced yesterday a Letter of Intent under which Centrus agrees to supply enough domestic high-assay low-enriched uranium (HALEU) to power up to five of Oklo's Aurora nuclear powerhouses for multiple years, with deliveries to Oklo scheduled to begin in 2029. Centrus will supply HALEU from its American Centrifuge Plant in Pike County, Ohio to support Oklo’s planned 1.2 GW power campus in the region

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Industry News

North Carolina Approves CP&L-Florida Progress

LCG, Aug. 23, 2000--The North Carolina Utilities Commission yesterday approved CP&L Energy Corp.s pending acquisition of Florida Progress Corp. leaving only the Securities and Exchange Commission approval needed to complete the transaction.

The commission extracted some concessions from CP&L before giving the merger the green light. As part of the approval order, CP&L will provide a total of $29.5 million in rate reductions for its North Carolina customers. The reductions include rate cuts totaling $19.5 million over years 2002 to 2005 and a one-time reduction of $10 million in fuel costs to settle the fuel case for this year.

The commission also included a series of conditions designed to protect North Carolina customers from any adverse effects of combination of the two companies.

"The combination of CP&L and Florida Progress will benefit both customers and shareholders," predicted CP&L chief executive William Cavanaugh.

The companies expect to close the deal this fall.

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