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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

New Partnership Agreement Reached to Further Development of Nuclear Reactors in Texas

LCG, May 11, 2010--Nuclear Innovation North America LLC (NINA), the nuclear development company jointly owned by NRG Energy, Inc. and Toshiba Corporation, announced yesterday that it reached an agreement with The Tokyo Electric Power Company, Inc. (TEPCO) to partner in the installation of two nuclear units at the South Texas Project.

Today, the South Texas Project (STP) includes two operating nuclear units and is located about 90 miles southwest of Houston. The existing two units are pressurized water reactors, each with a capacity of 1,312 MW. The site and cooling reservoir were originally designed for four units, and the current plans are to build the new units adjacent to the existing units.

In February 2009, Toshiba announced that it signed an engineering, procurement and construction (EPC) agreement for the addition of two nuclear units that are scheduled to commence operations in 2016 and 2017. The electric generating capacity of each new unit will be approximately 1,360 MW.

According to the press release, a conditional commitment under the Department of Energy (DOE) loan guarantee program is sought by NINA, along with additional loan guarantees through the Japanese export credit agencies. Given a conditional commitment for the DOE loan guarantee is secured, TEPCO will invest $155 million for a 10% share of NINA Investments Holdings' interest in the new units.

With the new agreement, TEPCO will hold a 9.2375% interest in the new units, raising NINA's share to 83.1375%, with CPS Energy's share at 7.625%.
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