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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

Florida Progress Must Sell Ball Club to Get Merger Approval

LCG, Nov. 28, 2000--CP&L Energy Inc., which said over the weekend that its acquisition of Florida Progress Corp. is scheduled to close on Thursday "pending approval by the Securities and Exchange Commission" may not get that approval as easily as it thought.

The Tampa Tribune reported this morning that Florida Progress has to sell its interest in the unfortunately-named Tampa Bay Devil Rays, thought of by some as a major league baseball team, before the SEC will sign off on the merger.

Florida Progress invested $5 million to bring major league ball to Tampa in the form of the Devil Rays, which gives it a 5.8 percent interest in the team but no say in its management. That is just as well for the utility, because it does not need customers complaining about the club's 69 and 92 record this year, which was good enough for last place in the American League East.

The SEC may grant a conditional approval, allowing consummation of the merger, with a must-sell date for getting rid of the Devil Rays. An earlier filing by CP&L Energy contemplated March 31, 2006, as such a deadline. Based on performance to date, it is unlikely the team will be coming off a pennant-winning year at that time.

CP&L spokesman Keith Poston said "It was never our intention to sell the interest in the Devil Rays, (but) it was clear that they (SEC officials) did not believe that the Devil Rays interest would pass muster."

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