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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

Peco, Unicom Combo Clears Final Hurdle

LCG, Oct. 20, 2000--The pending $7.8 billion merger between Peco Energy Co., the old Philadelphia Electric co., and Unicom Corp., parent holding company for Commonwealth Edison Co. of Chicago, has been approved by the Securities and Exchange Commission, the companies said yesterday in a joint release.

The combination will create one of the largest electricity companies in the United States, with 5 million electricity customers and annual revenues of more than $12 million. It will also create the world's largest non-government generator of nuclear power, with about 20 percent of the U.S. nuclear generating capacity.

The companies said they would complete paperwork with their respective states today and the new company, Exelon Corp., would begin trading on the New York Stock Exchange on Monday.

Peco's Corbin A. McNeill Jr., who will be Exelon's chairman and, with ComEd's John W. Rowe, co-chief executive, said predictable that the deal was good for customers, employees and shareholders. "Customers will gain the benefits of our combined resources and best practices, employees will have greater opportunities for career growth and shareholders will be invested in an industry leader."

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