Insurance and Agriculture Leaders Bring Decades of Experience in Key Target Markets for Rainfall Generation Technology
NAPLES, FL / ACCESS Newswire / August 12, 2025 / Rain Enhancement Technologies Holdco, Inc. (NASDAQ:RAIN) ("RET" or the "Company"), a leading provider of ionization rainfall generation technology, today announced that Bob Reardon, Chief Executive Officer of ISG, and Marc Peperzak, Chairman and Founder of Aurora Organic Dairy, have joined the Company's Board of Directors. These strategic appointments bring deep expertise in the insurance and agriculture sectors, two critical target markets for RET's weather enhancement solutions.
Bob Reardon serves as Chief Executive Officer of ISG, a national market leader leveraging advanced technology and human ingenuity to help customers elevate claim outcomes. Under his leadership, ISG has become a nationally recognized provider of Medical Management, Clinical, Investigative, and Record Management Solutions for the insurance industry. Reardon has led ISG's strategic expansion of service offerings, technological advancements, and geographic presence throughout the United States, building the organization into a major enterprise with 1,750 employees, 1,000 field investigators, and partnerships with over 18,000 medical providers. He has been instrumental in transforming ISG into a nationally recognized brand in the insurance industry over the past decade and actively contributes to various non-profit organizations, youth sports, hospitals, and cancer centers.
Marc Peperzak brings over four decades of dairy industry leadership as Chairman and Founder of Aurora Organic Dairy, the nation's leading organic private-label dairy supplier. Peperzak founded Aurora Dairy Corporation in 1976, which became one of the leading and largest dairy operators in the United States, with farms and facilities in several states. In the early 1990s, he co-founded Horizon Organic Dairy, the nation's leading branded organic dairy producer, for which Aurora began producing organic milk. The company transitioned to a 100% organic dairy operation in 2003, focusing Aurora Dairy Corporation exclusively on organic dairy production. Peperzak also serves as an international dairy industry consultant with experience in Oman, Pakistan, Iran, Mexico, Belize, and Russia, and is a founding director of First Bank of Idaho, GF&C, and Headwaters MB.
"Bob and Marc bring invaluable industry expertise and strategic insights that directly align with our key target markets," said Randy Seidl, CEO of Rain Enhancement Technologies. "Their deep understanding of how weather-related risks impact insurance companies and agricultural operations will be instrumental as we commercialize our rainfall generation technology. Their proven track records of building and scaling successful enterprises in these sectors will help guide our strategic expansion and partnership development."
The appointments strengthen RET's board as the Company advances commercialization of its ionization rainfall generation technology, which has demonstrated the ability to generate an average of approximately 16% additional rainfall in randomized third-party trials. Both the insurance and agriculture industries face significant challenges from water scarcity and weather-related risks, making them natural markets for RET's innovative solutions.
"The insurance industry is increasingly focused on mitigating weather-related claims and understanding emerging technologies that could impact risk profiles," said Bob Reardon. "Rain enhancement technology represents a fascinating development that could potentially help address drought-related agricultural losses and other weather-dependent risks. I'm excited to contribute to RET's mission of providing reliable water access while bringing an insurance industry perspective to their strategic development."
"As someone who has spent decades in agriculture, I understand firsthand how critical reliable water access is to farming operations worldwide," said Marc Peperzak. "Drought conditions continue to challenge agricultural productivity globally, and RET's proven ability to enhance rainfall could be transformative for farmers and food production systems. The potential applications for dairy operations, crop production, and broader agricultural sustainability are significant, and I look forward to helping RET develop strategic relationships within the agricultural sector."
Both appointments reflect RET's commitment to assembling a board with diverse expertise spanning the Company's key target markets. As RET continues to scale its rainfall generation technology globally, the combined experience of Reardon and Peperzak in insurance and agriculture provides strategic guidance for market entry and partnership development in these critical sectors.
The Company's technology addresses the pressing global water scarcity challenge, with nearly two-thirds of the world's population experiencing water shortages for at least one month annually, and demand expected to outpace supply by 40% by 2030. RET's ionization approach offers a scalable solution for industries, governments, and agricultural operations seeking reliable water enhancement capabilities.
About Rain Enhancement Technologies, Inc.
Rain Enhancement Technologies was founded to provide the world with reliable access to water, one of life's most important resources. To achieve this mission, RET aims to develop, manufacture, and commercialize ionization rainfall generation technology. This weather modification technology seeks to provide the world with reliable access to water and transform business, society, and the planet for the better. To learn more, go to www.investor.rainenhancement.com.
Forward-Looking Statements
The disclosure herein includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "project," "forecast," "predict," "potential," "seem," "seek," "future," "outlook," and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward looking. These forward-looking statements include, but are not limited to, (1) statements regarding expected installation of the Company's technology; (2) references with respect to the anticipated benefits of the Company's WETA platform and technology; (3) references to the market opportunity for rain enhancement technologies and products; (4) the projected technological developments of RET; and (5) current and future potential commercial and customer relationships. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of RET's management, and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of RET. These forward-looking statements are subject to a number of risks and uncertainties, as set forth in the section entitled "Risk Factors" in the Company's annual report on Form 10-K for the year ended December 31, 2024, filed with the SEC on April 16, 2025, as amended from time to time. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. The risks and uncertainties above are not exhaustive, and there may be additional risks that Rain Enhancement Technologies, Inc. ("RETI") and RET do not presently know or that RETI and RET currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward looking statements reflect RETI and RET's expectations, plans or forecasts of future events and views as of the date of this press release. RETI and RET anticipate that subsequent events and developments will cause RETI and RET's assessments to change. However, while RETI and RET Holdco may elect to update these forward-looking statements at some point in the future, RETI and RET specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing RETI and RET's assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.
Media Contact
Linda Maynard
Rain Enhancement Technologies
Phone: (617) 869-4832
Email: linda@rainenhancement.com
SOURCE: Rain Enhancement Technologies
View the original press release on ACCESS Newswire:
https://www.accessnewswire.com/newsroom/en/electronics-and-engineering/rain-enhancement-technologies-strengthens-board-of-directors-with-appoi-1059155
