IMPINJ INC

Impinj designs and sells a platform that enables wireless item-to-cloud connectivity, aiming for a "Boundless Internet of Things" (IoT) where every item is connected and its ownership, history, and information are available. The company's mission is to connect every item, having enabled connectivity for over 150 billion items to date. This provides item visibility, traceability, and improved operational efficiencies for various sectors including retailers, supply chain and logistics (SC&L) providers, restaurants and food-service providers, airlines, automobile manufacturers, and healthcare companies. Impinj and its partners build item-visibility solutions using products that Impinj designs and either sells or licenses. These products include silicon radios, reading systems, tag design, manufacturing, test, encoding and commissioning systems (collectively "tag production systems"), and intellectual property. The company also offers software and cloud services, which enable its other product offerings. Impinj sells two types of silicon radios, one of which is endpoint ICs. These endpoint ICs store a serialized number to wirelessly identify an item and are embedded into an item or its packaging by partners. These ICs can also contain a cryptographic key to authenticate the item.