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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

Bush Budget Proposal Would Increase Renewable Spending

LCG, Feb. 5, 2002--Under the budget released by President Bush on Monday, the Department of Energy would receive 4.6 percent more funding in the 2003 fiscal year, while less would be spent on oil and natural gas research.

According to the preliminary numbers given by the administration, the overall energy budget would be $21.92 billion. Fossil research would be cut by 16 percent, or $93 million, leaving $494.2 million intact. Spending on renewable energy and energy efficiency would increase by 1 percent, to $1.312 billion.

New tax incentives as well as the continuation of current credits would provide $9.5 billion over ten years for the development of energy-saving technologies. One of the largest such credits is for wind and biomass power sources, at $1.9 billion. Other energy credits include $1.1 billion for energy produced from landfill gas, and $1.2 billion for investments in combined heat and power (CHP) systems.

Nuclear security program funding would be increased by 5.7 percent, or $433.2 million, for a total of $8.04 billion. The budget will be subject to Congressional approval, and would take effect Oct. 1, 2002.
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