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RAIN · NASDAQ · Industrial - Pollution & Treatment Controls

Rain Enhancement Technologies

Builds ground-based ionization systems for rain, snowpack and fog enhancement.

$0.9700
After-hours close−0.00 (−0.02%)
At close$0.9702(−3.94%)
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Profile

Rain Enhancement Technologies Holdco IncRAINIndustrials

Develops and plans to commercialize ground-based WETA systems that use atmospheric ionization to enhance naturally occurring rain or snow, with fog mitigation as another application. Its one-to-many model retains system ownership while seeking to sell prioritized use or precipitation services to multiple nearby customers.

Develops, manufactures and seeks to commercialize the Weather Enhancement Technology Array, a ground-based, solar-powered system that combines ionization hardware, meteorology, monitoring software and field operations. The systems are intended to enhance naturally occurring rainfall or snowfall by charging aerosols when atmospheric conditions are suitable, without aircraft-delivered chemical seeding.

Pursues rainfall enhancement, snowpack enhancement and fog mitigation. Operations were centered on deployments in Colorado and Utah alongside an Australian fog-mitigation pilot, with a model designed to sell prioritized use or precipitation services from a single installation to multiple nearby customers.

Remains in early commercialization: its core AEI business had not established revenue. Results depend on atmospheric moisture and updrafts, permits and public-sector processes, licensed patent rights, technical personnel and a small employee base supported by contractors.

Company facts

CEORandall "Randy" Seidl
ListedJan 2, 2025
ExchangeNASDAQ
HeadquartersNaples, FL
CountryUnited States
Employees5
CIK0002028293
ISINUS75080J1034

Key statistics

Market cap$9.8M
EPS (ttm)−$1.51
P/E (ttm)−0.6523
ROE96.4%
P/B−0.6344
P/S936.48
Dividend yield
Beta1.21vs XLI −1.09

Year to date −80.6% · Average volume (30d) 1.2M

Analysts

No analyst consensus on record.

Earnings

EPS

Estimate
Reported−$0.40

Revenue

Estimate
Reported

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 14, 2026Q2 FY26−$0.40−4.26%
May 15, 2026Q1 FY26−$0.24$10.5K−5.75%
Apr 15, 2026Q1 FY26−$0.59−9.88%
Nov 13, 2025Q3 FY25−$0.29+11.31%
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Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$10.5K$0
Gross profit−$2.9K$0−$55.6K−$9.8K−$2.8K−$13.3K
Operating income−$1.3M−$1.1M−$1.6M−$3.7M−$1.8M−$3.1M
Net income−$1.5M−$952.8K−$2.2M−$4.5M−$1.9M−$3.2M
Diluted EPS−$0.21−$0.13−$0.29−$0.57−$0.24−$0.41
Gross margin-26.4%
Operating margin-17,456.3%

Fiscal years (4-quarter sums)FY21 $0 · FY22 $0 · FY23 $0 · FY24 $0 · FY25 $0

Balance sheet, Jun 30, 2026Cash & short-term investments $32.6K · Total debt $9.0M · Total assets $2.4M · Shareholders' equity −$12.2M

Dividends

No dividends on record.

Ownership

Institutions 9.72%970.6K sharesInsiders 34.94%3.49M sharesOther 55.34%5.52M shares

Shares outstanding 9.98M · Float 2.01M · 20.1% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Harry L. You · director, 10 percent owner: 2.26M22.67%Form 4Jun 9, 2026
Paul T. Dacier1.88M24.70%13GFeb 10, 2025
Randy Seidl · director, officer: Chief Executive Officer754.8K7.56%Form 4Aug 20, 2026
Meteora Capital, LLC638.3K7.85%13GMay 15, 2026
LMR Partners LLP611.8K7.00%13GFeb 17, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 19, 2026Randy Seidldirector, officer: Chief Executive Officer+110,000$0.9475
May 22, 2026Randy Seidldirector, officer: Chief Executive Officer+4,000$2.58
May 21, 2026Randy Seidldirector, officer: Chief Executive Officer+30,000$2.53
May 20, 2026Randy Seidldirector, officer: Chief Executive Officer+8,514$1.73
May 20, 2025Randy Seidldirector, officer: Chief Executive Officer+8,514$1.73
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Peers

  • Xylem

    Water-system alternative for municipal, industrial and agricultural budgets.

  • Ecolab

    Industrial water-reuse alternative through Nalco Water.

CompareAfter-hours close

CompanyPriceChange
Rain Enhancement Technologies$0.9700−0.02%$9.8M936.5
Xylem$112.64+1.19%$25.99B26.518.92.8+1.5%
Ecolab$275.05−4.11%$80.70B38.533.24.8+9.7%
Median32.526.03.8+5.6%