Impinj, Inc. (NASDAQ: PI; LSE: 0J9J) develops and sells RAIN RFID platforms that connect everyday items to business and consumer applications, delivering real-time visibility and intelligence for the Internet of Things; the company offers endpoint ICs including M800 series tag chips that store serialized identifiers for item tracking, reader ICs for use in finished readers, Speedway readers and xPortal gateways in fixed, handheld and portal form factors, and ItemSense software for data management, analytics and integration with enterprise systems; it also provides cloud services, encoding tools and test solutions via subsidiary Voyantic. Impinj serves retail, supply chain and logistics, healthcare, aviation, automotive, manufacturing, food, sports and other sectors through direct sales, distributors, system integrators and partners worldwide across the Americas, Europe and Asia-Pacific. Founded in 2000 by Chris Diorio, Carver Mead and Alain Martin and headquartered at 400 Fairview Avenue North, Suite 1200 in Seattle, Washington, the company went public in 2016 and reports 2024 revenue of $366.1 million with 451 employees. Recent developments include the expansion of Gen2X capabilities in November 2025 to inhibit fraudulent items, reduce stray tag reads and declutter environments for new enterprise use cases; flagship M800 series tag chips surpassing 5 billion lifetime shipments; the upsized $170 million offering of 0% convertible senior notes due 2029 in September 2025; second-quarter 2025 financial results announcement; and the earlier acquisition of Voyantic in 2023, enhancing RFID inlay and label testing for improved partner quality.