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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

CA Senate Confirms Freeman as Power Authority Chairman

LCG, August 13, 2002-Yesterday the California Senate voted 25-13 to authorize David S. Freeman as chairman of the California Consumer Power & Conservation Financing Authority despite Republican attempts to show Freeman to have participated in unsavory market practices.

Although generally Governor Gray Davis' appointees are confirmed with very little opposition, two hours of debate preceded the vote.

Freeman served as the Los Angeles Department of Water and Power general manager during the California energy crisis. The DWR was responsible for purchasing some of the electricity in the California at this time, and recently the department has been under scrutiny by a California Senate committee for possible involvement in manipulative trading. Freeman, therefore, was also facing investigation, which was stepped up prior to yesterday's vote.

Republican senators portrayed Freeman as a criminal, responsible for victimizing Californian consumers and the market by inflating electricity prices. Ultimately, most Senators believed there was no evidence in Freeman's deposition that he knowingly took part in market manipulation.

Although Freeman will take up the position as power authority chairman, the Senate committeee is still investigating Freeman's role as LADWR chairman.

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