Company: RAIN
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001213900-25-032239
Chunk: 0

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 1
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Item 1. Description of Business

Overview

Rain Enhancement Technologies,
Inc. (“RWT”) was founded to provide the world with reliable access to water, one of life’s most important resources.
To achieve this mission, RWT aims to develop, manufacture and commercialize ionization rainfall generation technology.

Today, water scarcity
issues are one of the world’s foremost concerns. According to the World Wildlife Fund, 1.1 billion people globally lack access to
water for basic necessities, and, according to the American Geophysical Union, 80% of global croplands are expected to experience water
scarcity by 2050, threatening agricultural yields.

RWT is combining unique
expertise, personnel, and weather data to develop, improve and undertake efforts to commercialize ionization rainfall generation technology
that enhances rainfall when conditions are appropriate in the atmosphere. RWT plans to build its core platform with software, meteorology,
hardware, product design and operations to make rainfall generation more dependable. RWT intends to improve on existing rainfall generation
technologies by introducing robust measurement tools, including automation technology, rain gauges, and weather stations, to more precisely
quantify the positive water benefit it expects to deliver to millions globally.

RWT is working to develop, invent, improve, manufacture, commercialize
and operate technologies that enhance rainfall and elevate water reserves. We believe that RWT’s future technology will yield potable
water that can be used for all purposes. The projected cost (not including land costs, which are still being determined) and energy requirements
for RWT’s future technology are modest on a per gallon basis for communities and ecosystems, estimated to be $0.10 per cubic meter,
approximately 10 times less than other alternative technologies. RWT intends to enhance agricultural, industrial and household water supplies
for all the communities in which it operates by developing technology and services to serve governmental and commercial clients’
needs in creating water resiliency and abundancy.

RWT’s business
model is based on a unique one-to-many community-centric business model. The numerous client segments to which RWT markets and sells include
large landowners including agriculture, resorts, energy and transportation companies, insurance and reinsurance companies, decarbonization
initiatives of major corporations and philanthropists, supranational governmental organizations, and city, county, state, federal and
non-U.S. governments. In addition, RWT aims to leverage its offerings and enhance its proprietary position by expanding RWT’s water