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SAN JOSE, Calif., Nov. 12, 2026 – Trackonomy Systems, Inc. (“Trackonomy”), a Physical AI company, today detailed its definitive strategic partnership agreement with INVE Technologies, Inc. (NASDAQ: INVE) (“INVE Technologies”). The agreement, first announced by INVE Technologies on November 9, 2026, sets the commercial framework for deploying Trackonomy’s Physical AI platform across the enterprise software businesses INVE Technologies acquires.

Under the agreement, INVE Technologies plans to optimize acquired software products as applications on Trackonomy’s Sentient platform, giving them ground-truth data from the field and a clear point of differentiation in their markets. Sentient creates a structured, two-way data layer from verified, real-world operational inputs, built on custom silicon, smart labels, and sensors. INVE Technologies’ acquired enterprise software businesses can then launch premium Physical AI offerings, which INVE Technologies expects will expand contract values and improve operating margins.
“AI is only as good as the data behind it, and most enterprise software still can’t see what is happening in the physical world,” said Dr. Erik Volkerink, Co-Founder and CEO of Trackonomy. “Sentient gives AI a live, two-way connection to the physical world, a new platform layer in the compute stack from silicon to applications. In effect, it is an operating system for the physical world, and the next generation of enterprise software will be built on it.”
Erik Volkerink
Co-Founder and CEO of Trackonomy
Data is fast becoming the bottleneck for Physical AI applications, and demand for Sentient is growing with it. In logistics, for example, the platform currently orchestrates 15 million shipments daily.
The agreement sets commercial terms for preferential pricing, software licensing, and revenue sharing across jointly offered solutions. INVE Technologies will serve as a preferred reseller of Trackonomy’s Physical AI platform, including sensors, smart labels, hardware, the Sentient software platform, as well as forward deployment services. Trackonomy will provide and deploy the underlying infrastructure.
“Enterprise buyers and their regulators increasingly expect verifiable ground-truth data from the field,” said James Greenwell, Interim CEO of INVE Technologies. “Trackonomy gives software businesses a direct source of that data, and this partnership lets us offer Physical AI across the companies we acquire.”
INVE Technologies’ acquisition strategy focuses on established software platforms in highly regulated markets, including healthcare, pharmaceutical logistics, food safety, environmental monitoring, and environment, health and safety (EHS). Acquired enterprise software companies are expected to keep their customer relationships and brand identities, so customers gain Physical AI capabilities through the software providers they already use.
INVE Technologies holds a preferred equity position in Trackonomy. Dr. Erik Volkerink serves as a non-voting observer on INVE Technologies’ board, and INVE Technologies Chairman James E. Ousley serves as a non-voting observer on Trackonomy’s board.
Trackonomy is a San Jose, California-based Physical AI company and the only one spanning the full stack through three independent businesses: InPlay (chips for manufacturers and IoT companies), Identiv (smart labels for IoT companies and end customers), and Sentient (end-to-end solutions for end customers). Trackonomy pioneered the smart label category nearly a decade ago and leads it today, holding one of the industry’s broadest patent portfolios and orchestrating over 20 million shipments daily across logistics, aviation, healthcare, defense, and retail. A World Economic Forum Technology Pioneer with over 500 employees, three factories, and five R&D centers on three continents, Trackonomy has raised over $250 million from investors including 8VC, Kleiner Perkins, Koch Disruptive Technologies, and In-Q-Tel. Learn more at Trackonomy.ai.
INVE Technologies is a publicly traded operating company focused on acquiring and operating enterprise-enabled intelligent software businesses serving highly regulated industries. Its strategy is to combine established enterprise SaaS platforms with Physical AI capabilities to support automated, continuous, and verifiable operational data. For additional information, visit invetechnologies.com.
Forward-Looking Statements
This press release contains forward-looking statements, including statements about the expected benefits of the partnership, planned product integrations, and anticipated effects on contract values and operating margins. These statements reflect current expectations and involve risks and uncertainties that could cause actual results to differ materially. Neither company undertakes any obligation to update these statements except as required by law.
Trackonomy Media Contact: Zachary Reichard, zacharyr@trackonomysystems.com