Impinj Inc. Stock Analysis PI

Impinj, Inc. engages in the designing, sale, and licensing of a platform for wireless item-to-cloud connectivity. The company is headquartered in Seattle, Washington and currently employs 457 full-time employees. The company went IPO on 2016-07-21. The firm helps businesses and people analyze, optimize, and innovate by wirelessly connecting billions of everyday things, such as apparel, automobile parts, luggage, and shipments to the Internet. The Impinj platform uses RAIN RFID to deliver timely data about these everyday things to business and consumer applications, enabling a boundless Internet of Things. The company designs, sells or licenses, including 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.