In this chapter, we will cover the remote sensing of precipitation to understand how precipitation is tracked. Precipitation is considered one of the most important components of the water cycle that drives the availability of water and its management. For example, precipitation leads to runoff and streamflow, irrigates a field of crops and provides the water for crop growth, fills up lakes, reservoirs and ponds that are a key source for water management. The understanding of precipitation remote sensing will pave the way for learning more complex water management applications that are being increasingly carried out around the world today using satellite water data. We will first cover the history of precipitation remote sensing that began with using active sensing and ground radar. Next, we will cover satellite-based sensing where the challenges and complexities are different. The pros and cons of using various electromagnetic wavelengths will be covered. Finally, we will cover the topic of multi-sensor precipitation estimation based on the synergistic use of multiple satellite sensors spanning different wavelengths of the electromagnetic spectrum.