Rainmaker Raises $100M for Drone-Based Cloud Seeding Operation in Alaska
1 report, 1 independent
Updated Sep 21
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What happened
Rainmaker raised $100 million to grow its weather research team and reduce the cost of creating fresh water from cloud seeding. The company uses weather-resistant drones to release silver iodide into winter storm clouds near Homer, Alaska. Rainmaker also proved its seeding results using its own radar, recording 82 unambiguous signatures over four months.
From ventureburn.com
Why it matters
The funding is aimed at addressing water scarcity, which affects almost every industry in the American West. Rainmaker’s method uses drones and radar to provide measurable proof of cloud seeding results, which was previously a missing piece in the industry.
From ventureburn.com
Who's involved
- AlaskaLocation where the cloud seeding operation is taking place
- BakersfieldCity geographically contained within the borders of Alaska
- Kaien IslandIsland geographically included within the borders of Alaska
- Dan SullivanU.S. Senator representing the political and economic interests of Alaska
- Lisa MurkowskiU.S. Senator representing the interests and concerns of Alaska
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The entities involved
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Alaska
state of the United States of America