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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

Progress Energy Subsidiaries to Take Its Name

LCG, Oct. 2, 2002--Two major Southeastern utilities that are part of Progress Energy, Florida Power and Carolina Power & Light (CP&L), will no longer use their currently recognized names starting next year.

Progress Energy originated when Carolina Power & Light acquired Florida Progress, the parent of Florida Power. Since the merger, each utility has retained its existing name. "Using one name will avoid the additional expense and complexity of supporting multiple brands and maximze the imapct and effectiveness of our communications efforts. We also believe a single brand name will help unify our employees and culture and reinforce the message that we are one company," stated William Cavanaugh, chairman and CEO of Progress Energy.

Customers of each subsidiary will still see the name of their respective utility on bills until March 2003, while the Progress Energy name begins to appear in place of the other names on equipment and in public venues. Other subsidiaries belonging to Progress Energy in non-regulated markets include Progress Ventures and Progress Fuels. While the former is involved in merchant energy generation, marketing and trading, the latter is in the business of fuel extraction.
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