Radar polarimetry is an applied fundamental science field that is focused on understanding interaction processes between radar waves and targets and disclosing their mechanisms. Radar polarimetry has significant application prospects in the fields of microwave remote sensing, earth observation, meteorological measurement, battlefield reconnaissance, anti-interference, target recognition, and so on. This study briefly reviews the development history of radar polarization theory and technology. Next, the state of the art of several key technologies within radar polarimetry, including the precise acquisition of radar polarization information, polarization-sensitive array signal processing, target polarization characteristics, polarization antiinterference, and target polarization classification and recognition, is summarized. Finally, the future developments of radar polarization technology are considered.