Impinj Inc (PI) Financial

Impinj, Inc. engages in the design, sale, and licensing of silicon RAIN radios, manufacturing, test, encoding and reading systems, and software and cloud services that encapsulate solutions know-how. The company is headquartered in Seattle, Washington and currently employs 451 full-time employees. The company went public on July 21, 2016. The firm helps businesses and people analyze, optimize, and innovate by wirelessly connecting billions of everyday items, such as apparel, automobile parts, luggage, and shipments, to the Internet. The Impinj platform uses RAIN RFID to deliver timely data about these everyday items to business and consumer applications, enabling a boundless Internet of Things. The company designs, sells, or licenses silicon RAIN radios; manufacturing, test, encoding and reading systems; and software and cloud services that encapsulate its solutions know-how. The firm sells two types of silicon integrated circuit (IC) radios. The first are endpoint ICs that store a serialized number to wirelessly identify an item. The second are reader ICs that its partners use in finished readers to wirelessly discover, inventory, and engage the endpoint ICs.