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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

Conectiv Shareholders Okay Pepco Merger

LCG, July 18, 2001Shareholders of Conectiv Inc. yesterday approved the pending $5.4 billion merger of their company with Potomac Electric Power Co., a transaction the companies expect to close early next year.

While billed a merger of equals, under the proposal, Pepco would pay $2.2 billion in cash and stock for Conectiv and assume $3.2 billion of Conectiv's debt. Pepco Chairman John Derrick will remain as chairman of the yet to be named newly created company, while Conectiv Chairman Howard Cosgrove will retire with a $6.4 million severance package.

Yesterday, about 95 percent of the shareholders, who own about 68 percent of Conectiv's common stock, agreed on a price of $25 a share. Pepco's shareholders were scheduled to vote today on the deal, which also requires regulatory approval from several state and federal agencies.

The companies said the deal will not result in significant layoffs and all union contracts would be honored.

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