Strategic Partnership with IFCO
Identiv announced a strategic partnership with IFCO to enhance traceability, efficiency, and sustainability across the fresh grocery supply chain. The goal is to tag over 400 million reusable packaging containers, representing a major volume opportunity over the next 4 to 5 years.
Production Shift to Thailand
Identiv completed the transfer of RFID device production from Singapore to a lower-cost facility in Thailand, with all customers successfully requalified. This move is expected to expand gross margins.
Perform-Accelerate-Transform Strategy Progress
Identiv made measurable progress across all three pillars of its P-A-T strategy, including a 33% increase in new opportunities in the sales pipeline and a 300% increase in requests for information from their website.
Strong Financial Position
Identiv exited Q2 2025 with $129.6 million in cash, cash equivalents and restricted cash, and revised its cash use expectations downwards.