Rain Enhancement Technologies to acquire AI security firm Tensor Networks

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Go back to Rain Enhancement Technologies to acquire AI security firm Tensor Networks

Rain Enhancement Technologies and Tensor Networks Sign Binding Letter of Intent for Strategic Business Combination

September 23, 2026 8:01 AM EDT

NAPLES, FL AND SUNNYVALE, CA / ACCESS Newswire / September 23, 2026 / Rain Enhancement Technologies Holdco, Inc. (NASDAQ: RAIN), the leading provider of ionization weather modification technology, and Tensor Networks, Inc. ("Tensor Networks"), a privately held developer of predictive AI technology built around the company's "Safe AI" approach to infrastructure security, today announced that they have entered into a binding letter of intent (the "Binding LOI") for a business combination that would result in Tensor Networks becoming part of RAIN's publicly traded holding company upon closing.... More