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Impinj, Inc. is engaged in developing of Internet of things (IoT) solutions. The Company delivers the identity, location and authenticity of various of physical items. Its platform comprises multiple product families, wirelessly connects individual items and delivers data about the connected items to business and consumer applications. The Company and its partners connect the items through a miniature radio chip embedded in the item or in its packaging, reading, and delivering each item’s identity, location and authenticity. Its platform uses RAIN, a type of radio-frequency identification (RFID), the technology it pioneered. The Company’s systems product family comprises reader integrated circuits (ICs), readers and gateways that wirelessly provide power to, and communicate bi-directionally with, endpoint ICs on host items. Its endpoint ICs, product family comprises miniature radios-on-a-chip that can wirelessly connect any item.
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