Rain Enhancement Technologies, Inc. (RET) - Investor Relations
Addressing global water scarcity through innovative rainfall enhancement technology
Key market factors driving the urgent need for water enhancement technologies:
Global Water Crisis Intensifying
Less than 1% of the world's water is drinkable, with a projected 40% gap between water supply and demand by 2030. This crisis is further exacerbated by increasing global temperatures reducing renewable water resources.
Widespread Economic and Human Impact
The water crisis creates severe consequences for food security, energy production, and transportation, while rising costs increasingly threaten water affordability for lower-income populations.
Strong Market Tailwinds
Governments worldwide are implementing comprehensive water supply strategies, with significant financial commitments (such as $625B for U.S. infrastructure improvements over 20 years). Climate change and growing industrial demand continue to drive the need for innovative solutions.
Diverse Customer Base
Target markets span multiple sectors including agriculture, power plants, municipal water authorities, and tourism industries, complemented by opportunities with supranational organizations and decarbonization initiatives.