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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

PNM Halts Western Resource Deal

LCG, Jan. 9, 2002--PNM Resources, which had been in negotations to acquire Western Resources Inc.s Kansas-based utility operations in a stock deal, announced that its Board of Directors had decided not to move forward any further with the proposal.

The transaction had originally been considered in November 2000, but was prone to being cut short if progress in the deal was not considered acceptable by the close of 2001.

PNM brought suit against Western Resources in October on the grounds that Western Resources misrepresented regulatory requirements and adverse regulatory rulings. The next month brought a countersuit from Western, and both lawsuits are held up in New York state court.

PNM Senior Vice President Patrick Ortiz, who serves as chief legal counsel and corporate secretary, stated, "It is clear that this transaction cannot be completed as originally designed. Regulatory rulings in Kansas, including one declaring a necessary condition of the transaction to be unlawful, and actions and failures by Western which are inconsistent with the terms of the Agreement made it necessary for PNM to take this action."

PNM Resources, based in Albuquerque, New Mexico, is an energy holding company the principal subsidiary of which is Public Service Company of New Mexico. The subsidiary is a supplier of electric power and natural gas service to over 1.3 million people in New Mexico. It is also a seller of power within the Western U.S. wholesale market.

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