Impinj

Impinj designs and sells a platform for RAIN RFID technology, which enables wireless connectivity between physical items and the cloud. The firm’s product portfolio is divided into endpoint ICs and systems. Endpoint ICs are miniature radios-on-a-chip attached to individual items to provide unique identification; Impinj has enabled connectivity for over 150 billion items to date. The systems segment includes reader ICs, finished readers, and gateways that wirelessly identify and track these endpoints. Additionally, the firm provides tag production systems through its Voyantic Oy subsidiary and offers software and cloud services to manage item data. Impinj utilizes a capital-efficient manufacturing model, outsourcing wafer production to Taiwan Semiconductor Manufacturing Company (TSMC) and reader assembly to Plexus Corp. As of December 31, 2025, the firm employed 457 people across the Americas, Europe, and Asia Pacific, with research and development centralized among 255 engineers.

Revenue is generated through the sale of hardware and, to...