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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

Energy Company Executive Backs Derivatives Bill

LCG, July 10, 2002--The chairman of Aquila, Inc., Richard C. Green, Jr., testified today at a Congressional committee hearing that he sees energy derivatives as "no less important to the energy industry" than they are to the agricultural industry.

Green told the Senate Agriculture, Nutrition and Forestry Committee today that derivatives allow risk to be distributed to those who are willing to accept it, and minimized for others who want to manage it. Speaking on legislation proposed by Sen. Diane Feinstein, D-Calif., that would regulate trading of derivatives and make the energy derivatives market subject to greater disclosure, Green said, "It is critical for bodies, such as this Committee, to work quickly to remove uncertainty from the markets, to make corrective remedies where warranted, and to allow the energy industry to get back to the business of building critically needed infrastructure."

The Aquila chairman stated that he supports the most recent form of the Feinstein bill, "as it provides the necessary safety nets to restore public trust while not impeding the dynamics of this marketplace." Green said that futures, options and swaps, "have been shown to be a critical factor in investment and growth of the economy." Aquila, which last year expanded its trading operations, has undertaken a significant corporate restructuring in order to maintain its credit rating, shedding most of its energy trading activity and personnel.
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