Molecular-beam experiments have exposed a new wealth of detail on the
general reaction A+B-->A+B++e- first suggested by Penning in 1927. Th
e new capabilities not available to traditional swarm techniques inclu
de mass and electron spectroscopy on the reaction products and angle-r
esolved measurements of the scattering of both reagents and products.
These new results have stimulated the recent development of both the e
lectronic structure and the dynamical theories necessary for a first-p
rinciples description of at least the simplest of these reactions, tho
se involving small atomic and diatomic species B. Recent progress in b
oth experiment and interpretation is critically reviewed, and the pros
pects for attaining a global understanding of Penning ionization in la
rger systems are