Complex sentence: The Armatix iP1 or iP1 pistol is a.22-calibre magazine-fed, semi-automatic smart handgun designed and manufactured by the German company Armatix.
Split into simpler sentences: The Armatix iP1 or iP1 pistol is a magazine-fed, semi-automatic pistol which uses smart gun technology. It is designed and manufactured by the German company Armatix.