WRAP Technologies dokončila novou doktrínu a výcvik pro BolaWrap 150 a podala je k nezávislému ověření před žádostí o certifikaci California POST. Firma chce tímto standardizovat operační deeskalaci pro policii.
MIAMI, Sept. 02, 2026 (GLOBE NEWSWIRE) -- WRAP Technologies, Inc. (“WRAP” or the “Company”), a global provider of public safety and defense technologies and training solutions, today announced the completion of a new law enforcement doctrine and training methodology designed to operationalize de-escalation using the BolaWrap® 150, an instrument of restraint and rescue that the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) has classified as neither a firearm nor an “any other weapon.”
The new curriculum has been submitted for independent validation in preparation for applying for California Peace Officer Standards and Training (POST) certification, an important step toward establishing a standardized methodology through which officers can be trained to apply de-escalation principles operationally, not simply verbally.
Why This Matters for Adoption and Scale
For WRAP, the significance of potentially obtaining the California POST certification extends beyond training. The company believes standardized, recognized training can reduce barriers to agency adoption by bringing technology, doctrine and training together within a repeatable operational framework.
Reduce adoption friction. Agencies can evaluate BolaWrap 150 together with a defined doctrine and training methodology, rather than as a standalone piece of equipment requiring the agency to build an operational framework around it.Create a recurring training layer. Anticipated digital delivery through Wrap Tactics™ creates the potential for continuing education, refresher training and recurring digital training economics alongside device and cassette revenue.Expand the procurement conversation. WRAP can engage agencies around how they operationalize de-escalation when verbal techniques are insufficient, supported by technology, doctrine, training and measurement.Build toward institutional adoption. A standardized training framework can support broader deployment across patrol, Crisis Intervention Teams, behavioral and mental health response, supervisors and other operational users.Create a repeatable national model. California is intended to be an important first step toward a framework WRAP can seek to replicate across additional states, agencies and other law enforcement training environments.
If successful, WRAP believes this model could expand the number of officers trained on BolaWrap 150, support recurring digital training through Wrap Tactics™, increase adoption of devices and recurring cassettes, and provide a framework the company can seek to replicate across additional states and agencies. WRAP believes California represents an important first step toward moving BolaWrap from a standalone technology to an institutionalized law enforcement capability.
Traditional de-escalation has an inherent limitation: an officer cannot make another person de-escalate.
Officers can communicate, persuade, create time and distance, issue lawful commands and attempt to reduce the intensity of an encounter. Those techniques remain essential. But ultimately, their success depends substantially on the actions of the person the officer is confronting.
WRAP’s new doctrine is designed around a different question:
What can an officer lawfully and tactically do when verbal de-escalation is not working, but the circumstances do not yet require a traditional weapons-based response?
WRAP believes the BolaWrap 150 creates an opportunity to answer that question.
Following ATF Ruling 2026-2, BolaWrap 150 is classified under federal law as an instrument of restraint, not a firearm and not an “any other weapon.” That classification creates the foundation for WRAP’s newly developed doctrine: a methodology intended to give officers a physical means of operationalizing de-escalation through restraint at distance before an encounter progresses to conventional weapons-based force.
From Verbal De-Escalation to Operational De-Escalation
For decades, law enforcement agencies have invested heavily in crisis intervention and de-escalation training. Yet an officer’s operational choices can narrow quickly when communication fails.
We believe there remains a critical space between verbal communication and traditional weapons-based force.
WRAP’s doctrine is designed specifically for that space.
The methodology integrates communication, recognition of resistance, time, distance, positioning and remote restraint into a unified tactical framework. Instead of treating de-escalation solely as something an officer attempts to persuade another person to do, the doctrine seeks to give officers a lawful physical capability that can help create the conditions for de-escalation.
De-escalation becomes something an officer can operationalize.
The methodology does not eliminate or restrict higher-force options. If circumstances deteriorate and legally justified force becomes necessary, officers retain those capabilities. Rather, the doctrine is intended to provide an additional tactical option earlier in the encounter, before circumstances take those options away.
That principle is central to WRAP’s doctrine: earlier intervention does not necessarily mean earlier escalation, and officers must remain capable of transitioning to higher uses of force when circumstances require them.
WRAP describes this approach as the Lowest Reasonable Response™: identifying and applying an effective response appropriate to the resistance and circumstances presented, while continuously reassessing the encounter. Depending on the circumstances, that may include a non-lethal response or a transition to other lawful tools and higher-force options as the situation requires.
California POST: Turning Doctrine Into Standardized Training
WRAP has submitted the newly developed curriculum for independent validation in preparation for applying for California POST certification.
If certified, the curriculum is intended to provide California law enforcement agencies with a standardized training methodology for incorporating the BolaWrap 150 and operational de-escalation into patrol operations, crisis response and agency training.
WRAP also plans to make the curriculum digitally available through Wrap Tactics™, its learning management system, creating a pathway to distribute standardized instruction at scale.
WRAP intends to use the California POST process as an initial model for pursuing additional state training certifications and agency adoption nationally, creating a repeatable framework combining doctrine, certification, technology and digital delivery.
The objective is to move operational de-escalation from a concept into a standardized methodology that can be trained, practiced and incorporated into everyday law enforcement operations.
Crisis Intervention and Mental Health Emergencies: When Verbal Is Not Enough
WRAP believes the potential implications are particularly significant for Crisis Intervention Teams (CIT), patrol officers responding to behavioral and mental health emergencies, and other encounters where a person in crisis is unable or unwilling to respond to verbal de-escalation alone.
Mental health emergencies can expose one of the fundamental limitations of traditional de-escalation. Officers can communicate, persuade, slow an encounter down and attempt to create time and distance, but verbal techniques may not be sufficient when an individual’s mental or behavioral state prevents effective communication or voluntary compliance.
WRAP’s doctrine recognizes this limitation: traditional de-escalation relies heavily on communication, but ultimately the subject controls whether verbal de-escalation succeeds. Officers therefore need an operational capability capable of creating time, distance, restraint and tactical advantage without immediately moving to a conventional higher-force tool.
Until now, officers confronting that moment have had limited physical options that do not move the encounter toward hands-on control or traditional weapons-based force.
WRAP believes the ATF classification of BolaWrap 150 creates the potential for a new approach.
The newly developed doctrine is intended to bring together training, tactics and an instrument of restraint and rescue to address the space between verbal communication and conventional weapons-based force. The methodology is designed to provide officers with a structured framework for recognizing resistance or crisis behavior, creating time and distance, applying remote restraint when appropriate, reassessing the encounter, and transitioning to other lawful options when necessary.
This is particularly relevant to crisis intervention because a mental health emergency does not necessarily end when verbal de-escalation has been exhausted. Officers still have a responsibility to safely resolve the encounter.
WRAP believes the doctrine creates the potential for a new operational pathway in those situations: communication when communication works; an instrument of restraint and rescue when verbal communication alone is insufficient; and preservation of higher-force options when circumstances require them.
Bringing Crisis Intervention Principles to the Patrol Officer
Specialized Crisis Intervention Teams have helped advance law enforcement’s response to individuals experiencing behavioral and mental health crises. But specialized personnel cannot be present at every encounter.
The patrol officer is often the crisis intervention team until the crisis intervention team arrives.
WRAP’s doctrine is designed to bring those principles and capabilities closer to the point of first contact by giving patrol officers not only communication methodologies, but an operational capability intended to create time, distance and restraint without immediately transitioning to a traditional weapon.
If certified by California POST, the curriculum would establish a training methodology for integrating operational de-escalation into patrol and crisis-response scenarios, with WRAP intending to subsequently deliver that training digitally through Wrap Tactics.
The result is more than a new training course or technology.
It is the potential for a new doctrine, set of technologies and training methodology for resolving crisis encounters when verbal de-escalation alone is no longer enough.
A New Category of Law Enforcement Response
The distinction became possible following ATF’s classification of BolaWrap 150.
ATF Ruling 2026-2 determined that BolaWrap 150, as currently designed, is neither a firearm nor an “any other weapon,” but an instrument of restraint under federal law.
That distinction allows WRAP to build doctrine around a category that historically has been largely absent from the officer’s available equipment: a physical restraint capability between verbal communication and weapons-based force.
WRAP’s doctrine identifies this gap directly. Conventional options following verbal commands typically move toward hands-on control or tools operating through chemical, electrical or kinetic effects.
The BolaWrap 150 provides a different mechanism: remote restraint without relying on pain compliance, electrical incapacitation, chemical irritants or impact.
The company’s objective is therefore not simply to certify another law enforcement product.
It is to certify a methodology for operationalizing de-escalation.
Operationalizing De-Escalation
“For decades, law enforcement has been trained to de-escalate, but there is a fundamental limitation: an officer cannot make another person de-escalate,” said Jared Novick, President of WRAP Technologies. “Officers can communicate, persuade, create time and distance, and issue lawful commands, but ultimately the person they are confronting determines whether verbal de-escalation succeeds.”
“We believe the ATF classification of BolaWrap 150 as an instrument of restraint and rescue, not a firearm and nor a weapon, creates an opportunity to change that equation. Our new doctrine is designed to give officers a lawful, physical methodology to operationalize de-escalation before an encounter requires traditional weapons-based force. This may be particularly important in mental health and crisis intervention encounters, where an officer can do everything correctly from a communication standpoint and the person in crisis may still be unable to comply.”
“Those situations do not disappear when verbal de-escalation reaches its limit. We now have the potential to build doctrine, technology and training around what an officer can lawfully and tactically do next, while preserving the officer’s ability to transition to higher-force options if circumstances require them. We are now advancing the curriculum through independent validation in preparation for applying for California POST certification, an important step toward institutionalizing that methodology and ultimately delivering it digitally to officers at scale through Wrap Tactics.”
“The economic opportunity is not simply selling another piece of equipment,” said Jared Novick, President of WRAP Technologies. “We believe the larger opportunity is establishing an operational standard around what happens between verbal communication and traditional weapons-based force. If we can combine recognized doctrine, certified training, digital delivery and an instrument of restraint and rescue into a repeatable model, we believe we can change both how agencies adopt BolaWrap and how officers are trained to respond. California is intended to be the first step in proving that model.”
It is the right response, at the right time, for the right reason, giving officers additional tactical and legal options before circumstances remove them.
The doctrine is intended to connect policy, training and tactics so that constitutional policing becomes something officers can apply operationally, including earlier recognition of escalating behavior, proportional response, reassessment and preservation of higher-force options when they become necessary.
Through the potential California POST certification and subsequent digital delivery through Wrap Tactics, WRAP intends to move that principle from concept to standardized operational practice.
Building a National Training Framework
WRAP is developing the doctrine and curriculum with the support of the Task Force 70 Foundation, a 501(c)(3) law enforcement training organization, along with experienced law enforcement instructors and curriculum developers.
Task Force 70 has worked with WRAP to strengthen the doctrine, curriculum architecture and instructor credentialing necessary to integrate the capability into established law enforcement training rather than treating BolaWrap as a standalone device.
The longer-term objective is a repeatable model: establish the doctrine, pursue recognized training certification, digitally distribute the curriculum, and provide agencies with a standardized framework for operationalizing non-lethal response.
Doctrine. Certification. Technology. Digital delivery. Operational adoption.
Together, WRAP believes these components can move de-escalation from an aspiration officers are asked to achieve into a capability they are trained and equipped to operationalize.
About Wrap Technologies, Inc.
Wrap Technologies, Inc. (Nasdaq: WRAP) is a global public safety technology company delivering intelligent detection, orchestration and response solutions designed for the next generation of intelligent, human-centered public safety. The Company’s WrapShield™ platform unifies detection, orchestration and response into an integrated, human-supervised architecture spanning law enforcement, homeland security, defense, enterprise and critical infrastructure customers. Powered by the BolaWrap® 150, Wraptor MX™, WRAP Reality™, the WrapTactics™ learning management system and Frenel TPiCore® polarimetric sensing, WRAP builds on the principle that technology and trained human judgment must advance together. For Humans, By Humans. WRAP is headquartered in Miami, Florida. For more information visit www.wrap.com.
Forward Looking Statements
This press release contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the Company’s adoption of a new law enforcement doctrine and training methodology, the Company’s California POST certification, the ability to digitize the Company’s training, the Company’s expectations regarding the impact and success of the Bola Wrap 150’s ATF classification, the creation new operational pathways in mental health crises, the Company’s potential to resolve crisis encounters. Statements are based on current expectations and assumptions subject to risks and uncertainties, including the pace of customer and agency adoption, the timing and outcome of federal procurement and export control processes, the availability and terms of technology partnerships, regulatory developments, competitive conditions, and the Company’s ability to attract and retain personnel. Actual results could differ materially from those expressed or implied. WRAP undertakes no obligation to update or revise any forward looking statement, and investors are cautioned not to place undue reliance on them.
Wrap Technologies rozšiřuje WrapShield o laserovou technologii proti dronům pro trhy ministerstva obrany USA (DoD), DHS a taktickou policii. První schopností je pasivní tepelná polarimetrická detekce a klasifikace pro laserové systémy.
MIAMI, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (“WRAP” or the “Company”), a global public safety technology company delivering intelligent detection, orchestration and response solutions designed for the next generation of human-centered public safety, today announced the expansion of its strategic relationship with Frenel Imaging Ltd. (“Frenel”) into a broader commercial framework through which advanced technologies sourced by Frenel can be brought into WRAP’s WrapShield™ platform and commercialized across United States and NATO markets.
The first capability being advanced under that framework is laser directed energy for counter unmanned aircraft systems (C-UAS), in which Frenel’s passive thermal polarimetric detection and classification technology is being integrated as the perception and tracking layer for laser effector systems developed by an established directed-energy manufacturer.
The announcement comes five days after WRAP disclosed a $12.0 million institutional financing. The Company now looks to expand WrapShield across a larger public safety, defense and enterprise market. This is the first capability advanced under that initiative.
Laser Directed Energy: Mobile, Scalable and Built for Repeated Engagement
The directed-energy technology being advanced through the Frenel relationship includes a family of fiber-laser counter-UAS capabilities designed to address different operational environments.
Approximately 3 kW man-portable configuration designed for a smaller, deployable counter-UAS footprint.Approximately 6 kW mobile vehicle or pickup-mounted configuration designed to move with the mission and provide counter-UAS protection across changing operating areas.Approximately 9–12 kW stationary or fixed-site configuration designed for protection of installations, infrastructure and other persistent operating locations.Integrated gimbal and fire-control subsystems supporting precision pointing, tracking and controlled target engagement.Dazzler capability as part of the associated directed-energy product architecture.Speed-of-light energy delivery once a target has been detected, tracked and positively authorized for engagement.Rapid repeated-engagement capability, reducing dependence on a finite inventory of traditional kinetic interceptors.Magazine depth primarily constrained by available power rather than interceptor inventory, creating fundamentally different economics for sustained counter-UAS operations.Mobile employment, allowing directed-energy response to move with operational requirements rather than remaining limited to permanent defensive positions.Integration with external sensing, tracking and command-and-control, allowing the laser to operate as an effector within a broader coordinated response architecture rather than as a standalone system. The underlying technology documentation identifies approximately 3 kW man-portable, 6 kW vehicle-mounted and 9–12 kW fixed-site fiber-laser systems together with associated dazzler, gimbal and fire-control subsystems.
For WRAP, the mobile configuration is particularly important.
The Company sees an emerging requirement for counter-UAS protection that can move with the mission: supporting forward locations, border sectors, critical infrastructure and specialized tactical operations where the threat can shift faster than permanent defensive infrastructure can be deployed.
WrapShield Has Been Compounding in Public
WRAP’s recent expansion has been guided by a single operating principle: Lowest Reasonable Response™ - applying the least amount of force reasonably capable of resolving a situation, as early as possible and under human authority. Over the past several weeks, the Company has systematically expanded the WrapShield™ architecture across technology, training, private security, public safety, and new markets, building a coordinated platform designed to detect earlier, respond more proportionately, and create greater accountability across every layer of the response.
July 15 — Expanded Non-Lethal Response: Introduced the Wraptor MX™ multi-shot platform, expanding WrapShield’s non-lethal response layer to three coordinated delivery mechanisms.July 30 — Expanded into Private Security: Extended WrapReality™ into the private security market through a deployment with Stark Security.August 7 — Launched WrapTactics™: Completed the training foundation of WrapShield with the enterprise launch of WrapTactics™, an LMS designed to make training, policy, and operational readiness accountable and auditable across the architecture.August 11 — 103% Year-Over-Year Q2 Revenue Growth: Reported second-quarter financial results reflecting 103% year-over-year revenue growth, alongside the ATF determination that the BolaWrap® 150 is neither a firearm nor a weapon.August 13 — Launched Safe Response with XINSURANCE: Expanded into the approximately 1.28 million-person U.S. private security workforce through a certified Safe Response standard combining technology, training, and insurance alignment.August 14 — Selected for Florida Teacher Safety Initiative: Selected to support a state-funded teacher safety initiative in Florida, further extending WRAP’s training capabilities into community safety and preparedness.August 19 — Secured $12.0 Million in Growth Capital: Announced a $12.0 million institutional financing. The Economics of Drone Defense Have Inverted
Low-cost drones are changing the economics of defense. Inexpensive, increasingly autonomous aircraft can force defenders to expend costly, finite interceptors, while emerging platforms can operate without traditional RF links. Directed energy changes this equation by replacing expensive interceptor inventory with energy, creating the potential for dramatically lower cost per engagement and greater magazine depth.
The Drone Threat Is Moving Beyond the Battlefield
Drone threats are rapidly migrating from military environments into borders, critical infrastructure, correctional facilities, major events, and public safety. As counter-UAS authority expands beyond traditional federal and military users, WRAP believes a significant new market is emerging for technology that can bring proven detection and response capabilities into state, local, and specialized law enforcement environments.
Price Point Determines Market Scale
Counter-UAS capability has historically been priced around the customers able to afford it. Major military installations and combatant commands can support multimillion-dollar fixed-site systems, expensive interceptors, and the infrastructure required to operate them. But the emerging threat is distributed across a much larger global footprint, including forward operating locations, temporary bases, borders, ports, allied military installations, critical infrastructure, and public safety environments. Many of these customers, particularly smaller U.S. agencies, allied and partner nations, and forces operating across multiple dispersed locations, cannot economically deploy traditional counter-UAS infrastructure everywhere it may be needed. The opportunity is therefore not simply to build another high-end counter-UAS system. It is to drive down the acquisition, deployment, and operating costs sufficiently to make effective protection scalable across a much larger domestic and international market.
Directed energy has the potential to change those economics at both the military and public safety levels. A system whose magazine depth is constrained principally by available power rather than expensive interceptor inventory can reduce cost per engagement, support repeated training, and remain operational through sustained or simultaneous attacks. When combined with lighter, mobile configurations that can move with military units, protect temporary or expeditionary locations, integrate onto ground robotic platforms, or be deployed by state and local agencies, the addressable market expands considerably. WRAP believes the winning counter-UAS architecture will not be defined by performance alone. It will be defined by the combination of performance, mobility, affordability, interoperability, and an operating cost that allows U.S. forces, allied nations, and public safety agencies to buy it, train with it, deploy it at scale, and actually use it when needed.
Beyond Counter-UAS: A New Tool for Tactical Law Enforcement
WRAP believes the approximately 3 kW portable architecture may also create a new category of directed-energy capability for specialized law-enforcement and SWAT operations. The Company intends to evaluate applications including standoff breaching, lock and barrier removal, and other controlled-access requirements where increasing the distance between an operator and a physical hazard may improve tactical options.
The same portable architecture may also be appropriate for integration onto ground robotic systems, allowing directed energy to be remotely positioned or delivered into environments where sending an officer, agent or service member may create unnecessary exposure.
For WRAP, this illustrates the larger WrapShield opportunity: a technology sourced for one demanding mission can become a common capability across defense, homeland security, tactical law enforcement and unmanned systems.
Extending the WrapShield™ Response Layer
WrapShield is WRAP’s integrated public safety and defense architecture, organized around three layers across 6 tiers. ‘Detect’ provides passive sensing and early identification, including Frenel’s polarimetric imaging and edge processing. ‘Orchestrate’ provides command, coordination and human-supervised decision making. ‘Respond’ provides an expanding family of response capabilities selected according to the threat, the environment, the mission and the applicable authority.
Until now the response layer has addressed threats at human scale and human range, spanning handheld restraint, multi-shot delivery through Wraptor MX and remotely delivered response through unmanned platforms. Directed energy extends that layer into a different threat class entirely and introduces the first non-kinetic effector in the architecture. The tiered logic does not change. It simply now reaches the air.
Operationally the full chain runs as follows:
Detect, classify, track, prioritize, hand off, authorize, engage, assess.
The laser therefore functions as one response option inside a coordinated architecture operating under positive human control, rather than as a standalone weapon. Authorization remains a human decision at every tier, which is the same principle that governs every other capability WRAP fields.
Directed energy is not the correct answer in every environment, and WRAP does not present it as one. Energy based defeat is best suited to installations, border sectors, critical infrastructure and controlled operating areas where standoff and clear engagement geometry can be established. In dense, populated settings the calculus changes, and considerations including falling debris and collateral risk become decisive. That is precisely why the architecture is tiered to provide the flexibility to switch between “soft” and “hard” energy-based interception, and why authorization always remains with a human being. The value of a coordinated response layer is not that it offers a single answer, rather the fact that it offers the appropriate one and can tell an operator which is which.
Frenel as a Technology Pipeline Into WrapShield™
The larger strategic opportunity for WRAP is not limited to directed energy.
Under the expanded framework, qualifying technologies for which Frenel obtains the necessary rights can be introduced into the WRAP relationship for potential inclusion within WrapShield and commercialization through WRAP’s established channels. The structure is designed to create a repeatable technology pipeline rather than a one-time licensing transaction.
WRAP intends to use that pipeline to identify advanced capabilities developed against demanding operational requirements, including technologies developed and matured against real security and battlefield requirements, and to perform the work required to turn them into programs that United States and NATO customers can actually buy. That work includes systems integration, software and command-and-control interfaces, engineering adaptation, productization, United States sourcing and manufacturing where appropriate, cybersecurity, export control compliance, federal procurement readiness, testing, certification, training and sustainment.
It is deliberately unglamorous work, and it is the reason the model is difficult to replicate. Advanced technology developed elsewhere rarely fails on merit in the United States market. It fails on qualification, compliance, supply chain control and the absence of a party willing to carry it through federal procurement. WRAP is aiming to build itself to be that party.
Executive Commentary
“The math of drone defense is upside down. An adversary can field increasingly capable drones at a fraction of what it costs to defeat them with traditional interceptors,” said Jared Novick, President and Chief Operating Officer of WRAP. “Directed energy flips that equation, but only if you can aim it. A laser has to hold a beam on a small moving object long enough to do the work, and that makes the sensing layer the hardest part of the problem rather than the easiest. What we hold through Frenel is precisely the layer that makes a low-cost effector usable in the conditions where these engagements actually happen. And cost is not an abstraction here. A department will not authorize a response that costs more to use than its annual training budget. Getting both numbers down—the cost of the system and the cost of the shot—is what determines whether this capability remains concentrated at major installations or can scale across borders, forward locations, allied forces and public safety.”
“WRAP and Frenel began with a differentiated sensing technology, and the opportunity was always larger than that,” said Scot Cohen, Chairman and Chief Executive Officer of WRAP. “Our expanded framework creates a path to bring additional advanced technologies into the relationship where we have the rights to do so, with WRAP providing the integration and commercialization capability around what United States and NATO customers actually require. Directed energy is a powerful demonstration of that model, because it takes WrapShield from seeing a threat earlier to coordinating an effective response against a class of threat we could not previously reach.”
The WrapShield™ Thesis
WRAP believes the convergence of public safety, homeland security, defense, border security, critical infrastructure and autonomous systems is creating a new technology market, and that the defining position in that market will not belong to the best individual sensor or the cheapest individual effector. It will belong to whoever owns the layer where perception and response have to agree.
The Company’s strategy is to build WrapShield as the integration and commercialization architecture across that convergence, combining differentiated sensing, intelligence, command and control, and response technologies around specific customer and mission requirements. The model is demanding to execute:
Identify differentiated technologies capable of solving operational problems that current tools do not solve.Integrate them into a coordinated Detect, Orchestrate and Respond architecture rather than selling them as separate components.Invest selectively where United States adaptation, qualification, sourcing, manufacturing or support creates strategic or commercial value.Build resilient United States supply and support infrastructure where the mission or the customer requires it.Support United States federal customers including the Department of War and the Department of Homeland Security against rapidly evolving threats.Commercialize globally through the markets, partners and channels best suited to each opportunity.Accelerate advanced technologies to the operators who need them most through vertical integration, cost discipline and a training-first foundation. WRAP does not intend to relocate technology or manufacturing to the United States for its own sake. The Company intends to build United States controlled technology, supply chain and support capability where doing so creates strategic value, including where required to serve federal customers, to satisfy security, procurement or restricted value chain requirements, to improve supply chain resilience, to provide domestic sustainment and lifecycle support, or to address the scale of the United States market.
Frenel expands the technology pipeline and R&D resources. WRAP determines where to invest and then streamlines and integrates the capabilities through WrapShield. Where the mission requires it, WRAP intends to build the American infrastructure necessary to support the American customer.
About Wrap Technologies, Inc.
Wrap Technologies, Inc. (Nasdaq: WRAP) is a global public safety technology company delivering intelligent detection, orchestration and response solutions designed for the next generation of intelligent, human-centered public safety. The Company’s WrapShield™ platform unifies detection, orchestration and response into an integrated, human-supervised architecture spanning law enforcement, homeland security, defense, enterprise and critical infrastructure customers. Powered by the BolaWrap® 150, Wraptor MX™, WRAP Reality™, the WrapTactics™ learning management system and Frenel TPiCore® polarimetric sensing, WRAP builds on the principle that technology and trained human judgment must advance together. For Humans, By Humans. WRAP is headquartered in Miami, Florida. For more information visit www.wrap.com.
About Frenel Imaging Ltd.
Frenel Imaging Ltd. develops and licenses the TPiCore® polarimetric image signal processing framework and associated polarimetric thermal, near-infrared and daylight sensors, providing passive day-and-night detection, classification and discrimination of unmanned aircraft and other targets, including against cluttered and below-skyline backgrounds and without radio-frequency emission.
Forward Looking Statements
This press release contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the expanded framework with Frenel Imaging Ltd., the development, integration, qualification and commercialization of directed-energy counter-UAS capability, the anticipated use of proceeds from the Company’s recent financing, the expansion of the WrapShield platform and its response layer, potential tactical law-enforcement, standoff breaching, lock or barrier removal and ground-robotic applications, potential future technologies and partnerships, addressable markets, and the Company’s strategic direction. The integration described in this release is in a development phase, has not completed demonstration or qualification, and no assurance can be given that it will be completed on the anticipated timeline or at all. Definitive agreements relating to the underlying collaboration have not been executed and there is no obligation on any party to enter into them. Statements are based on current expectations and assumptions subject to risks and uncertainties, including the pace of customer and agency adoption, the timing and outcome of federal procurement and export control processes, the availability and terms of technology partnerships, regulatory developments, competitive conditions, and the Company’s ability to attract and retain personnel. Actual results could differ materially from those expressed or implied. WRAP undertakes no obligation to update or revise any forward looking statement, and investors are cautioned not to place undue reliance on them.
Wrap Technologies uzavřela registrovanou přímou nabídku a získala přibližně 12,0 milionu USD hrubého výnosu. Nabídka zahrnovala 8 571 609 akcií za 1,40 USD za kus.
MIAMI, Aug. 18, 2026 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (“WRAP” or the “Company”), a global public safety technology company delivering intelligent detection, orchestration and response solutions designed for the next generation of autonomous public safety, today announced it has closed its previously announced registered direct offering (the “Offering”) with a fundamental institutional investor and an existing investor of the Company, consisting of 8,571,609 shares of the Company’s common stock (or pre-funded warrants in-lieu thereof) at an offering price of $1.40 per share. The gross proceeds to the Company from the Offering were approximately $12.0 million before deducting placement agent fees and other Offering expenses. The Company intends to use the proceeds from the Offering for general corporate purposes and working capital, including for any future planned business expansion.
Maxim Group LLC acted as the sole placement agent in connection with the Offering.
The securities were offered pursuant to a shelf registration statement on Form S-3 (File No. 333-291707), which was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on December 18, 2025. The Offering was made only by means of a prospectus supplement and the accompanying prospectus that form a part of such registration statement. A prospectus supplement relating to the Offering was filed by the Company with the SEC. Copies of the prospectus supplement and accompanying prospectus can be obtained at the SEC’s website at www.sec.gov or from Maxim Group LLC, 300 Park Avenue, New York, NY 10022, Attention: Syndicate Department, via email at [email protected], or telephone at (212) 895-3500.
This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
About Wrap Technologies, Inc.
Wrap Technologies, Inc. (Nasdaq: WRAP) is a global public safety technology and training company focused on developing tools, training and capabilities designed to support awareness, earlier intervention and more appropriate responses to challenging encounters.
Cautionary Note on Forward-Looking Statements - Safe Harbor Statement
This release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Words such as “expect,” “anticipate,” “should”, “believe”, “target”, “project”, “goals”, “estimate”, “potential”, “predict”, “may”, “will”, “could”, “intend”, and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements include, but are not limited to, statements relating to the use of proceeds from the Offering, including any statements regarding any future planned business expansion. The Company's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the Company's ability to maintain compliance with the Nasdaq Capital Market's listing standards; the Company's ability to successfully implement training programs for the use of its products; the Company's ability to manufacture and produce products for its customers; the Company's ability to develop sales for its products; market acceptance of existing and future products; changes in law enforcement budgets, policies, procurement practices, and use-of-force standards; the availability of funding to continue to finance operations; the complexity, expense, and time associated with sales to law enforcement and government entities; the lengthy evaluation and sales cycle for the Company's product solutions; product defects; litigation risks from alleged product-related injuries; risks of government regulations and changes in regulatory classifications or interpretations; the impact resulting from geopolitical conflicts and any resulting sanctions; the ability to obtain export licenses for countries outside of the United States; the ability to obtain patents and defend intellectual property against competitors; the impact of competitive products and solutions; and the Company's ability to maintain and enhance its brand, as well as other risk factors mentioned in the Company's most recent annual report on Form 10-K, subsequent quarterly reports on Form 10-Q, and other Securities and Exchange Commission filings. These forward-looking statements are made as of the date of this release and were based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, or changes in its expectations.
Wrap Technologies ve 2. čtvrtletí snížila čistou ztrátu na 4 centy na akcii z 7 centů před rokem. Tržby vzrostly o 103 % na 2,1 milionu USD díky silnějším prodejům BolaWrap.
Shares of Wrap Technologies, Inc. (WRAP - Free Report) have declined 11.5% since the company reported its earnings for the quarter ended June 30, 2026 compared with a 0.2% change in the S&P 500 Index over the same period. Over the past month, Wrap shares have fallen 13.4%, while the S&P 500 has advanced 4.1%.
Wrap reported a second-quarter 2026 net loss of 4 cents per share, narrower than a loss of 7 cents per share in the prior-year quarter.
Revenues of $2.1 million denoted a 103% surge from $1 million a year earlier.
Product sales climbed to $1.7 million from $0.01 million, while technology-enabled services revenues declined to $0.3 million from $1 million.
Net loss narrowed to $2.3 million from $3.7 million. Net loss attributable to common stockholders was $2.4 million, narrower than a loss of $3.9 million in the prior-year quarter.
WRAP’s Other Key Business MetricsGross profit increased 217% to $1.5 million from $0.5 million, while gross margin expanded to 75.3% from 48.1%. Selling, general and administrative expenses rose 15% to $3.6 million, primarily reflecting higher non-cash share-based compensation. Research and development expenses decreased 6% to $0.2 million. The operating loss narrowed to $2.3 million from $2.9 million.
Wrap ended June with $4.8 million in cash and cash equivalents, up from $3.5 million as of Dec. 31, 2025. Total liabilities declined to $2 million from $3.9 million, principally because of the termination of its former Coconut Grove office lease. For the first six months of 2026, cash used in operating activities declined to $3.7 million from $5 million a year earlier.
WRAP: Management CommentaryManagement characterized the quarter as the company's strongest in years and emphasized its shift from a single-product business toward a broader portfolio spanning non-lethal restraint, training, body cameras and threat detection. The company sees the ATF's classification of BolaWrap 150 as an instrument of restraint rather than a firearm or weapon as potentially expanding its addressable market, particularly in private security. Management also highlighted returning Department of Justice grant funding and federal opportunities, including a Department of Homeland Security purchase order and training delivered during the quarter.
Wrap is also moving toward a recurring-revenue model through WrapTactics and its learning-management system. Management said the training capability is built and ready to sell, although the associated recurring revenues are expected in future periods rather than being reflected materially in current results.
Factors Influencing WRAP’s Headline NumbersRevenue growth was driven by increased shipments of BolaWrap 150 devices and cassettes to domestic and international customers following the company's transition toward a more direct, agency-focused sales approach. The decline in technology-enabled services reflected the continued wind-down of managed services and advisory arrangements associated with the W1 asset acquisition, partly offset by growth in WrapVision body-camera and software revenues.
Gross-margin improvement reflected higher product volumes, better absorption of fixed manufacturing overhead and a more favorable revenue mix. The narrower net loss also benefited from the absence of an $0.9 million non-cash warrant-valuation loss recorded in the year-ago quarter.
Other Developments at WRAPAfter quarter-end, Wrap pursued a strategic investment in Frenel Imaging and obtained an exclusive license to commercialize its thermal-polarimetric imaging technology in the United States and NATO markets. Wrap intends to integrate the technology into WrapShield, its developing threat-detection and response platform. The company also introduced WrapShield and completed its first operational prototype of Wraptor MX, a multi-shot non-lethal restraint platform. These initiatives remain early-stage, and the timing and amount of any resulting revenues are uncertain.
Wrap Technologies ve 2. čtvrtletí zvýšila tržby na 2,1 milionu USD, meziročně o 103 %, a hrubý zisk vzrostl o 217 % na 1,5 milionu USD. Firma zároveň uvedla, že ATF rozhodl, že BolaWrap 150 není střelná zbraň ani zbraň.
Wrap Technologies NASDAQ: WRAP reported second-quarter revenue of $2.1 million, up 103% from $1.0 million a year earlier, as the company highlighted expanding product offerings, new training services and opportunities in private security, federal markets and threat detection.
Gross profit rose 217% to $1.5 million, while gross margin expanded to about 75% from approximately 48% in the prior-year quarter. The company’s operating loss narrowed 21% to $2.3 million, and its net loss improved 39% to $2.3 million. Vice President of Finance Lou Springer said the prior-year period included a $0.9 million non-cash loss tied to changes in the fair value of warrant liabilities that did not recur.
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Cash and cash equivalents totaled $4.8 million at June 30, compared with $3.5 million at the end of 2025. Total liabilities declined to $2 million from $3.9 million, reflecting the termination of the company’s former office lease.
ATF Decision Opens Private-Security Focus Chief Executive Officer Scot Cohen said the company is coming off its “best quarter in years,” citing revenue growth, improved operating efficiency and an expansion from a single-product business into a broader portfolio of products and training services.
A central development cited by management was an early-July determination from the Bureau of Alcohol, Tobacco, Firearms and Explosives that the BolaWrap 150 is not classified as a firearm or weapon. President and Chief Operating Officer Jared Novick said the determination applies only to the BolaWrap 150 and not to the company’s other products.
Management said the classification could broaden the company’s ability to sell into private security, where many guards are unarmed and receive less training than law-enforcement officers. Novick said there are more than 1.2 million licensed security officers in the United States, a population larger than all law enforcement.
Cohen said Wrap has held dozens of discussions with prospective private-sector customers in the past month and has received its first grant-funded training order in the market. He also said the company expects insurance companies to become an important part of its go-to-market effort, particularly as customers look for risk-mitigation tools and training.
“Expect partnerships. Expect additional pipeline,” Cohen said regarding the insurance opportunity.
Training Model Shifts Toward Recurring Revenue Novick said the company is seeking to sell a continuing standard of readiness rather than simply a restraint device and a one-day training course. The company launched its WrapTactics training platform earlier this year, and Novick said its core content library was complete as of the call.
The model uses digital instruction in advance of in-person sessions, allowing classroom time to focus on scenario work, coaching, certification and customer relationships. Management expects the learning management system, in-person instruction and virtual-reality offerings to support subscription-based recurring training and proficiency revenue.
Novick said Wrap Reality, the company’s virtual-reality training platform, remains central to its offering. The company has added scenarios and made hardware and software updates, he said, while positioning the platform alongside digital learning and in-person training.
Federal Funding and Frenel Opportunity Management also pointed to the return of Department of Justice grant funding. Cohen said Wrap has identified 11 active programs that could fund BolaWrap devices, body cameras, de-escalation training and virtual training. He said grants are particularly important for small and midsize law-enforcement agencies.
Novick said Wrap received a purchase order from the Department of Homeland Security and delivered training during the second quarter, completing what the company believes was an initial phase of support for DHS operational requirements. He said prospective federal opportunities are not included in the company’s guidance.
Separately, Wrap is pursuing a threat-detection business through its exclusive U.S. and NATO rights to TPiCore by Frenel, a polarimetric sensing technology. Cohen said the technology can detect, identify and classify objects based on materials and shapes, including RF-silent and camouflaged targets in challenging environments.
Management said the technology could have applications in counter-drone operations, border security, maritime surveillance, national defense and public safety. The company is building what it calls the WrapShield platform around integrated solutions, although executives did not provide financial projections for the initiative.
Outlook and Capital Considerations Cohen said the company has not changed its prior target for approximately 100% year-over-year revenue growth and has no new information requiring an update. However, he cautioned that the timing of one or two significant orders could materially affect the company’s results and that the target could move higher or lower as the year progresses.
Regarding Chile, Cohen said the company’s distributor still expects business this year but has cited a government funding gap. Wrap is exploring whether U.S. government funding could support the opportunity, but Cohen said Chilean business is not included in the company’s 2026 revenue forecast.
On financing, Cohen said Wrap regularly evaluates options that could benefit shareholders and remains sensitive to dilution. The company is operating around a $3 million break-even level and does not anticipate a dramatic near-term increase in spending. Still, Cohen said management could accelerate investment and potentially access capital markets if market traction develops as expected.
About Wrap Technologies (NASDAQ:WRAP)Wrap Technologies, Inc NASDAQ: WRAP is a designer and manufacturer of less-lethal restraint devices aimed at law enforcement and security professionals. Its flagship product, the BolaWrap®, is a handheld remote restraint tool that deploys a Kevlar-reinforced cord to safely immobilize individuals from a distance of up to 25 feet. The system is engineered to support de-escalation tactics and reduce reliance on physical force in high-risk encounters.
Based in Scottsdale, Arizona, Wrap Technologies oversees product development, testing and training at its headquarters.
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Wrap Technologies má ve čtvrtek před otevřením trhu oznámit výsledky hospodaření za 2. čtvrtletí 2026. Analytici čekají ztrátu 0,1033 USD na akcii a tržby 1,609 mil. USD.
Wrap Technologies (NASDAQ:WRAP – Get Free Report) is expected to announce its Q2 2026 results before the market opens on Thursday, August 13th. Analysts expect Wrap Technologies to post earnings of ($0.1033) per share and revenue of $1.6090 million for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Tuesday, August 11, 2026 at 4:30 PM ET.
Wrap Technologies (NASDAQ:WRAP – Get Free Report) last issued its earnings results on Wednesday, May 13th. The company reported ($0.09) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.01. Wrap Technologies had a negative return on equity of 115.68% and a negative net margin of 270.03%.The company had revenue of $1.11 million during the quarter, compared to analyst estimates of $1.61 million.
Wrap Technologies Price Performance Shares of WRAP opened at $1.93 on Thursday. The business’s fifty day moving average price is $1.58 and its 200 day moving average price is $1.65. Wrap Technologies has a 12-month low of $1.04 and a 12-month high of $3.23. The stock has a market capitalization of $107.58 million, a PE ratio of -6.43 and a beta of 1.34.
Insider Activity In other Wrap Technologies news, Director John D. Shulman bought 100,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 8th. The shares were acquired at an average cost of $1.10 per share, for a total transaction of $110,000.00. Following the acquisition, the director directly owned 199,037 shares of the company’s stock, valued at $218,940.70. This trade represents a 100.97% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. 33.26% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Wrap Technologies Hedge funds have recently modified their holdings of the stock. XTX Topco Ltd acquired a new stake in shares of Wrap Technologies during the second quarter worth $32,000. Osaic Holdings Inc. lifted its position in shares of Wrap Technologies by 13.6% in the 2nd quarter. Osaic Holdings Inc. now owns 53,708 shares of the company’s stock valued at $84,000 after acquiring an additional 6,442 shares in the last quarter. Vanguard Group Inc. boosted its stake in Wrap Technologies by 6.3% in the 3rd quarter. Vanguard Group Inc. now owns 1,660,908 shares of the company’s stock worth $3,604,000 after purchasing an additional 98,782 shares during the period. Squarepoint Ops LLC grew its position in Wrap Technologies by 45.3% during the 3rd quarter. Squarepoint Ops LLC now owns 50,209 shares of the company’s stock worth $109,000 after purchasing an additional 15,650 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in Wrap Technologies by 6.0% during the 3rd quarter. Raymond James Financial Inc. now owns 646,853 shares of the company’s stock valued at $1,404,000 after purchasing an additional 36,429 shares during the period. 8.82% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth WRAP has been the subject of several recent research reports. Wall Street Zen lowered Wrap Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Weiss Ratings downgraded shares of Wrap Technologies from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, May 18th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.
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About Wrap Technologies (Get Free Report)
Wrap Technologies, Inc (NASDAQ: WRAP) is a designer and manufacturer of less-lethal restraint devices aimed at law enforcement and security professionals. Its flagship product, the BolaWrap®, is a handheld remote restraint tool that deploys a Kevlar-reinforced cord to safely immobilize individuals from a distance of up to 25 feet. The system is engineered to support de-escalation tactics and reduce reliance on physical force in high-risk encounters.
Based in Scottsdale, Arizona, Wrap Technologies oversees product development, testing and training at its headquarters.
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WRAP oznámila, že Stark Security nasadí platformu Wrap Reality napříč svými operacemi a programy výcviku důstojníků. Firma ji využije pro realistický trénink ozbrojených i neozbrojených pracovníků.
MIAMI, July 30, 2026 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) ("WRAP" or the "Company"), a global leader in Non-Lethal Response™ ("NLR") and public safety technology, today announced that Stark Security Inc. ("Stark"), a Chicago-based provider of protective services and investigations, has selected and will deploy Wrap Reality, WRAP's immersive virtual reality training platform, across its operations and officer training programs.
The deployment represents WRAP's continued expansion into the private security market, one of the nation's largest and fastest-growing public safety sectors. As organizations increasingly prioritize professional decision-making, de-escalation, and risk reduction, WRAP believes immersive, policy-driven training plays an important role in preparing personnel to safely and effectively manage encounters before force becomes necessary.
Serving clients across Illinois, Indiana, Wisconsin, Michigan, and Iowa, Stark has built its reputation on professionalism, preparedness, and responsible response. Those principles closely align with WRAP's commitment to equipping professionals with technologies and training that support better decision-making, reinforce organizational policy, and promote safer outcomes.
Through Wrap Reality, Stark will train both armed and unarmed officers in realistic scenarios that are designed to reinforce situational awareness, communication, proportional response, and organizational policy before personnel encounter these situations in the field. The Company also understands Stark intends to incorporate the platform into Stark Security Training Academy, extending immersive training opportunities to both new recruits and experienced security professionals.
The U.S. private security industry employs more than one million professionals and increasingly works alongside law enforcement in protecting commercial properties, healthcare facilities, educational institutions, residential communities, critical infrastructure, and public events. As expectations continue to rise from clients, insurers, regulators, and property owners, organizations are seeking modern training solutions that can improve consistency, reinforce policy, reduce operational risk, and demonstrate a commitment to responsible response.
WrapShield™ Brings Immersive Training to the Private Security Market
As the immersive training component of WrapShield, Wrap Reality combines virtual reality scenarios, instructor-led facilitation, and after-action review to help organizations strengthen judgment, communication, and adherence to organizational policy in realistic environments. Whether supporting law enforcement or private security organizations, Wrap Reality provides a scalable digital training capability that helps personnel consistently apply best practices before they encounter real-world situations.
WRAP believes technology alone is only part of improving safety outcomes. Better preparation, realistic training, and sound decision-making are equally important. By allowing personnel to repeatedly practice high-pressure scenarios in a controlled environment, Wrap Reality helps build the confidence, judgment, and professionalism needed when real-world incidents occur. As WRAP expands into the private security market, Wrap Reality serves as the digital training foundation of the broader WrapShield platform, helping organizations reinforce policy, improve readiness, and better prepare personnel for the moments that matter most.
"Every day, security professionals make decisions that can affect lives, families, and communities," said Scot Cohen, Chief Executive Officer of WRAP. "Stark Security shares our belief that preparation begins long before an incident occurs. Through Wrap Reality and the broader WrapShield platform, we're helping organizations strengthen judgment, reinforce policy, and improve readiness so personnel are better prepared when those critical moments arise."
"Our team is responsible for protecting people and property every day, often in unpredictable situations," said Brandon Sartor, Chief Executive Officer of Stark Security. "What drew us to WrapShield wasn't simply another piece of technology. It was a training philosophy centered on preparing our people to make better decisions under pressure. Wrap Reality allows our officers to experience challenging situations repeatedly so that communication, judgment, and professionalism become second nature when it matters most."
WRAP believes the private security market represents a significant long-term opportunity for immersive training and non-lethal technologies. That opportunity is reinforced by ATF Ruling 2026-2, which formally classifies the BolaWrap® 150 as an instrument of restraint rather than a firearm or weapon under federal law — a determination WRAP believes may broaden access to civilian and private-security channels previously complicated by weapons classification. Through partnerships with organizations like Stark Security, the Company continues expanding across adjacent public safety markets while advancing solutions that help professionals prepare more effectively, respond more confidently, and create safer outcomes for the people and communities they serve.
About WRAP Technologies, Inc.
WRAP Technologies, Inc. (NASDAQ: WRAP) is developing WrapShield™, an autonomous public safety platform intended to unify threat detection, classification, command-and-control, and non-lethal response in a single operating architecture. At the platform’s core is the principle that the technology layer between situational awareness and human force application should be trustworthy, accountable, and — wherever tactically appropriate — non-lethal. Building on the foundation of BolaWrap®, the Company’s flagship restraint tool deployed across more than 1,000 agencies in over 60 countries, WRAP is building an operating layer between perception and response.
About Stark Security Inc.
Stark Security Inc. is a Chicago-based provider of professional security and investigative services to businesses and individuals across the Midwest, with offices spanning Illinois, Indiana, Wisconsin, Michigan, and Iowa. Founded by a leader with over a decade in law enforcement and 27 years of corporate experience, the Company delivers armed and unarmed security officers, mobile patrol, personal protection, event security, and internal investigations, backed by a Special Response Team and 24/7 field supervision. Stark integrates modern surveillance, access control, and remote guarding technology with trained, certified personnel to protect commercial and residential clients. Through its affiliated Training Academy, Stark also credentials and develops security professionals, reinforcing a standard of honesty, integrity, and professionalism across every engagement.
Trademark Information
WRAP, the Wrap logo, BolaWrap®, Non-Lethal Response™, Wrap Reality™, Wrap Training Academy, and Non-Lethal Response™ are trademarks of WRAP Technologies, Inc., some of which are registered in the U.S. and abroad. All other trade names used herein are either trademarks or registered trademarks of the respective holders.
Cautionary Note on Forward-Looking Statements - Safe Harbor Statement
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. Words such as "expect," "anticipate," "should", "believe", "target", "project", "goals", "estimate", "potential", "predict", "may", "will", "could", "intend", and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements include, among others, statements regarding the completion, capabilities, performance, timing, and commercial readiness of the Wraptor MX platform and the DFR-X system; development of the WrapShield™ platform; the structure, timing, and outcomes of the Early Adopter Program, including whether selected agencies place orders or generate revenue; the anticipated size, growth, and addressable opportunity of the non-lethal, public-safety and private security markets; and the expected effects of ATF Ruling 2026-2. These statements are based on current expectations and are subject to risks and uncertainties, including but not limited to WRAP’s ability to complete product development and achieve commercial readiness on expected timelines, the difference between a prototype and a commercially available product, the possibility that Early Adopter Program participation does not result in purchases, competition, supply-chain and manufacturing constraints, and changes in law, regulation, or agency policy. ATF Ruling 2026-2 addresses the classification of the BolaWrap® 150 only, and no assurance can be given that any similar classification will apply to Wraptor MX, the DFR-X system, or any other product. The Company's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors including other risk factors mentioned in the Company's most recent annual report on Form 10-K, subsequent quarterly reports on Form 10-Q, and other Securities and Exchange Commission filings. These forward-looking statements are made as of the date of this release and were based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. WRAP assumes no obligation to update any forward-looking statement except as required by applicable law.
Wrap Technologies byla povýšena na Buy po regulačním vyjasnění a spuštění platformy WrapShield pro obranu proti dronům. Management zároveň cílí na zdvojnásobení tržeb ve fiskálním roce 2026.
SummaryWrap Technologies is upgraded to Buy following regulatory clarity and a transformative counter-UAS platform launch.ATF's reclassification of BolaWrap removes a major procurement hurdle, unlocking potential for broader law enforcement adoption and accelerating sales cycles.Exclusive rights to Frenel’s thermal-polarimetric tech enable WRAP to enter the high-growth defense and counter-drone markets with WrapShield.Management guides for 100% FY26 revenue growth; sustained operating leverage and proven WrapShield margins are key to long-term profitability. halbergman/E+ via Getty Images
I initiated coverage on Wrap Technologies, Inc. (WRAP) in late 2023 with a Hold rating. At the time, I recognized the company's public safety and non-lethal restraint solutions and its flagship product, the BolaWrap, but
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WRAP dokončila první funkční prototyp Wraptor MX, vícenásobně výstřelové neletální zadržovací platformy. Zároveň vybírá až 10 policejních agentur do exkluzivního programu raného přístupu.
MIAMI, July 15, 2026 (GLOBE NEWSWIRE) -- WRAP Technologies, Inc. (NASDAQ: WRAP) (“WRAP” or the “Company”), developer of the WrapShield™ Autonomous Public Safety Platform, today announced the completion of the first operational prototype of Wraptor MX™, the Company’s multi-shot non-lethal restraint platform. WrapShield’s Non-Lethal Response™ layer — previously served by a single instrument, the BolaWrap® 150 — now has a newly unveiled operational component. Together with the DFR-X drone-deployed restraint system, WrapShield is designed to bring together three dedicated non-lethal delivery mechanisms — handheld, multi-shot, and drone-deployed — under a single platform architecture.
“BolaWrap introduced a new way for officers to create time, distance, and control through an instrument of restraint. Wraptor MX builds on that foundation and is designed to allow officers to respond to multiple engagements before reloading, potentially giving teams greater flexibility in dynamic and rapidly evolving situations,” said Scot Cohen, Chief Executive Officer of WRAP. “Wraptor MX is much more than another product. We believe it represents the next evolution of our response architecture within WrapShield. We are expanding our ability to deliver proportional sight, sound, and sensation effects across a broader range of public safety operations. As BolaWrap earned adoption by more than 1,000 agencies in over 60 countries, we believe Wraptor MX can extend those capabilities deeper into tactical, corrections, private security, and defense environments.”
The announcement builds on ATF Ruling 2026-2, effective July 2, 2026, which classified the BolaWrap® 150 as neither a firearm nor an “any other weapon,” affirming it as an instrument of restraint under federal law. That determination — specific to the BolaWrap 150 — may provide a favorable regulatory reference point for non-lethal restraint technology across corrections, law enforcement, and public-safety applications, and WRAP expects it to accelerate adoption in the United States. Driven by use-of-force reform, policy mandates, and the growth of autonomous response architectures in public safety, the global non-lethal weapons market is estimated at approximately $9.5 billion today and is projected to grow to roughly $13 billion by 2030, according to Grand View Research.1
Wraptor MX™ is a modular, multi-shot non-lethal response platform that expands the proven capabilities of BolaWrap®. Designed for scenarios where multiple engagements may be required, the current prototype is designed to deliver (3) three consecutive BolaWrap deployments before reloading. While the BolaWrap® 150 remains optimized for individual officers carrying a compact, single-shot restraint device, Wraptor MX is being developed for tactical teams, corrections, perimeter security, and other operational environments where greater response capacity may be needed. As the platform evolves, WRAP expects to explore additional configurations and deployment capacities informed by customer feedback and operational testing.
Key design principles:
Modular response architecture: Designed as a configurable platform intended to integrate multiple sight, sound, and sensation effects. In addition to multi-shot BolaWrap deployment, the current design incorporates a high-intensity light, with future configurations expected to support additional non-lethal response technologies as the platform evolves.Mission-configurable: Features a standard Picatinny rail, allowing agencies to select optics and accessories that align with their operational preferences, training doctrine, and mission requirements.Officer-informed design: Developed with input from U.S. law enforcement and corrections professionals and intended to reflect real-world operational needs, emphasizing ergonomics, durability, and rapid deployment under stress.Operationally optimized: Incorporates sling attachment points intended to support safe weapon retention, rapid transitions, and immediate hands-on control following deployment when circumstances require officers to move directly into restraint or custody operations.Platform for expansion: Wraptor MX is engineered as a long-term response platform capable of incorporating future non-lethal technologies, which could enable WRAP to expand beyond a single capability into a family of proportional response options without requiring agencies to adopt an entirely new operating system.
WrapShield: A Three-Element Non-Lethal Response Layer
WRAP's WrapShield™ platform organizes public safety response into integrated operational layers. The Non-Lethal Response layer is built around interoperable instruments of restraint designed to provide proportional response options across a range of operational environments. With the addition of Wraptor MX™, this layer now consists of three response elements:
Response Element 1 – BolaWrap® 150
A compact, handheld instrument of restraint designed for immediate deployment by individual officers. Commercially deployed by more than 1,000 agencies across over 60 countries.Response Element 2 – Wraptor MX™
A modular, multi-shot instrument of restraint designed for tactical teams, corrections, perimeter security, and other scenarios where multiple engagements may be required. The first operational prototype is complete, and WRAP's Early Adopter Program is now selecting partner agencies.Response Element 3 – DFR-X™
A drone-deployed instrument of restraint capable of delivering a BolaWrap payload without requiring an officer to be physically present at the scene, operating under established human-authorization protocols as part of the WrapShield platform.
Rather than developing isolated products, WRAP is building an integrated non-lethal response architecture. These three response elements are designed to operate within the WrapShield platform's common detection, orchestration, command-and-control, and AI-assisted decision framework, and are designed to provide agencies with scalable response options across individual officer, team-based, and, where policy and law permit, future autonomous deployments. As the platform evolves, WRAP intends to expand these response capabilities to meet an increasingly broad range of public safety and defense missions.
Early Adopter Program — Limited Cohort Selection
WRAP is selecting a limited cohort of up to 10 law enforcement agencies for exclusive pre-commercial access to the Wraptor MX platform. Participation is by application and provides selected agencies with direct access to the engineering team, deployment-configuration input, and preferred commercial terms for initial production units.
The program is designed to generate real-world deployment data, officer feedback, training methodology, and operational validation across diverse threat environments before commercial release. Selected agencies will be announced as the cohort is finalized. Qualified agencies may apply at www.wrap.com/#/wraptormx.
“Wraptor MX is more than a new product—it reflects the company we are building,” said Jared Novick, President and Chief Operating Officer of WRAP. “Public safety continues to evolve, and the tools available to the men and women who serve our communities must evolve with it. Our focus is on developing technologies designed to give officers and agencies more proportional response options, greater operational flexibility, and better decision support—always keeping trained professionals in control. As detection, communications, and decision-support technologies continue to advance, we're designing our platforms to adapt alongside them while remaining grounded in the policies, legal standards, and human judgment that define modern policing. We believe the future of public safety will combine exceptional officers with exceptional technology, and that's the future WRAP is building through WrapShield.”
About WRAP Technologies, Inc.
WRAP Technologies, Inc. (NASDAQ: WRAP) is developing WrapShield™, an autonomous public safety platform intended to unify threat detection, classification, command-and-control, and non-lethal response in a single operating architecture. At the platform’s core is the principle that the technology layer between situational awareness and human force application should be trustworthy, accountable, and — wherever tactically appropriate — non-lethal. Building on the commercial success of BolaWrap®, the Company’s flagship restraint tool deployed across more than 1,000 agencies in over 60 countries, WRAP is building an operating layer between perception and response.
Trademark Information
WRAP, the Wrap logo, BolaWrap®, Non-Lethal Response™, WrapReality™, Wrap Training Academy, and Non-Lethal Response™ are trademarks of WRAP Technologies, Inc., some of which are registered in the U.S. and abroad. All other trade names used herein are either trademarks or registered trademarks of the respective holders.
Cautionary Note on Forward-Looking Statements - Safe Harbor Statement
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. Words such as "expect," "anticipate," "should", "believe", "target", "project", "goals", "estimate", "potential", "predict", "may", "will", "could", "intend", and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements include, among others, statements regarding the completion, capabilities, performance, timing, and commercial readiness of the Wraptor MX platform and the DFR-X system; the structure, timing, and outcomes of the Early Adopter Program, including whether selected agencies place orders or generate revenue; the anticipated size, growth, and addressable opportunity of the non-lethal and public-safety markets; and the expected effects of ATF Ruling 2026-2. These statements are based on current expectations and are subject to risks and uncertainties, including but not limited to WRAP’s ability to complete product development and achieve commercial readiness on expected timelines, the difference between a prototype and a commercially available product, the possibility that Early Adopter Program participation does not result in purchases, competition, supply-chain and manufacturing constraints, and changes in law, regulation, or agency policy. ATF Ruling 2026-2 addresses the classification of the BolaWrap® 150 only, and no assurance can be given that any similar classification will apply to Wraptor MX, the DFR-X system, or any other product. The Company's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors including other risk factors mentioned in the Company's most recent annual report on Form 10-K, subsequent quarterly reports on Form 10-Q, and other Securities and Exchange Commission filings. These forward-looking statements are made as of the date of this release and were based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. WRAP assumes no obligation to update any forward-looking statement except as required by applicable law.
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/3f5d7a84-06af-4aeb-bab9-00abae5cd2b2
https://www.globenewswire.com/NewsRoom/AttachmentNg/f5ef0a1b-506a-4f6f-9cfd-aeeb9057ca41
Wrap Technologies uvedla, že ATF rozhodlo, že BolaWrap® 150 není střelná zbraň ani „jiná zbraň“ podle federálního práva, ale prostředek k omezení pohybu osob. Firma zároveň staví platformu WrapShield pro propojení detekce, AI a řízené reakce.
MIAMI, July 10, 2026 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (“Wrap” or, the “Company”), a global public safety technology company, today issues a letter to stockholders from Founder, Chairman and Chief Executive Officer, Scot Cohen.
To Our Shareholders,
The past year has been one of the most important in WRAP’s history.
We are no longer building a company around a single product. We are aiming to build a public safety technology platform designed for the threats of tomorrow. Our mission remains unchanged—to help save lives through safer outcomes—but our vision has expanded significantly. Today, WRAP is positioning itself at the intersection of artificial intelligence, advanced sensing, autonomous decision support, and measured, non-lethal response.
We are transforming WRAP from a company known for a single breakthrough restraint device into a technology company building an intelligent operating architecture for public safety and security. Our goal is to create a connected system that enables agencies to detect threats earlier, understand them faster, and respond with appropriate, accountable force.
Every decision we have made over the past year supports that direction.
The first pillar is validation.
This year, the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) issued a ruling determining that the BolaWrap® 150 is not a firearm or “any other weapon” under federal law, but an instrument of restraint. We believe this decision removes regulatory uncertainty, may simplify procurement, and supports remote restraint as a distinct category within modern public safety.
We believe it may also expand our commercial opportunity by easing adoption across law enforcement and by supporting potential opportunities in corrections, healthcare, transportation, education, government, and private security. More broadly, it reflects growing recognition that agencies need response options aligned with today’s legal standards and operational realities.
The second pillar is intelligence.
Public safety increasingly depends on understanding threats before contact occurs.
This led to our investment in Frenel Imaging Ltd. and exclusive commercialization rights for its thermal-polarimetric sensing technology across the United States and NATO markets.
Advanced sensing is becoming foundational to modern security as the threats that burden society become increasingly more difficult to detect. Effective response begins with detection, classification, and understanding. We believe thermal-polarimetric imaging, artificial intelligence, and edge computing may play a central role in protecting cities, borders, infrastructure, and public spaces.
The third pillar is integration.
The market does not need more disconnected devices. It needs a unified system that brings together sensing, AI, command-and-control, and graduated response.
That system is WrapShield™.
WrapShield is our platform strategy, designed to integrate detection, classification, decision support, and proportionate response into a deployable system for diverse operational environments.
The Vision: A Deployable Defense Architecture for Every Domain
Recent policy developments are reshaping the landscape.
Authority is emerging. The supporting architecture is not. We intend to help build it.
Our objective is to develop WrapShield into a mobile, self-contained defense system deployable wherever public safety professionals operate. It is designed to integrate six operational layers—detect, identify, classify, direct, respond, and escalate only when authorized—with human decision-makers remaining in control.
This approach extends beyond counter-drone operations to critical infrastructure, border security, transportation, public venues, schools, corrections, emergency response, and defense support.
We believe the future of public safety lies in integrated systems that connect intelligence with measured, accountable response.
That is the company we are building.
Historically, WRAP was viewed through the lens of a single less-lethal product. Today, we are building an integrated technology company positioned across several markets that we believe offer long-term growth potential, including artificial intelligence, autonomous sensing, counter-UAS, critical infrastructure protection, and public safety modernization. Together, these represent what we believe is a substantial global opportunity.
We believe our addressable market has expanded significantly as we position WRAP at the intersection of these long-term trends.
Operational Momentum
Vision must be matched by execution.
We are seeing encouraging indicators of momentum across the business, including expanding customer adoption, stronger international partnerships, improved operational discipline, and increased bookings. At the same time, we are making targeted investments in technologies that support our long-term strategy.
We believe these efforts are supporting measurable progress, including revenue growth, improved efficiency, and deeper customer engagement. We remain focused on disciplined capital allocation while investing for long-term value.
While there is more work ahead, we believe the foundation we have built positions WRAP for sustainable growth and long-term leadership in an evolving market.
Looking Ahead
This year’s milestones reflect meaningful progress.
The ATF ruling provides regulatory clarity. Our investment in Frenel strengthens our sensing and intelligence capabilities. WrapShield defines our platform strategy. And our operational progress demonstrates disciplined execution.
Together, these developments mark a fundamental evolution of the company.
Public safety is undergoing a significant technological shift. Advances in artificial intelligence, sensing, and integrated systems are reshaping how governments protect people and infrastructure. Our goal is to play a leading role in that transformation.
Our mission remains clear: protecting life through better technology and measured response.
We are early in this journey, but our direction is clear and our confidence is strong.
On behalf of our Board of Directors and the entire WRAP team, thank you for your continued trust and support. We remain committed to creating long-term value while helping shape the future of public safety.
Sincerely,
Scot Cohen
Founder, Chairman and CEO
WRAP Technologies, Inc.
About Wrap Technologies, Inc.
Wrap Technologies, Inc. (Nasdaq: WRAP) a global leader in innovative public safety technologies and non-lethal tools, delivering cutting-edge technology with exceptional people to address the complex, modern day challenges facing public safety organizations.
WRAP’s complete public safety portfolio includes the non-lethal BolaWrap® 150 device, Wrap Reality® immersive training platform, WrapVision™ body-worn camera system, WrapTactics™ training programs, and next-generation C-UAS solutions like the 1KC Kinetic Anti-Drone Cassette, all of which supports the Company's mission to provide safer, scalable, and cost-effective technologies for public safety, defense, and critical infrastructure markets.
With a growing demand for non-lethal tools and techniques to create time, distance and tactical advantage in non-criminal calls, Wrap's BolaWrap® 150 incorporates a multi-sensory distraction of sight and sound as a first response, followed by a non-lethal restraint if further escalation is required. This approach reduces the risk of injury to officers, subjects, and the community.
Wrap's BolaWrap® 150 solution is intended to provide law enforcement with a safer choice for nearly every phase of a critical incident. This innovative, patented device deploys a multi-sensory, cognitive disruption to expand the pre-escalation period and gives officers the advantage and critical time to manage non-compliant subjects before resorting to higher-force options. The BolaWrap® 150 is not pain-based compliance. It does not shoot, strike, shock, or incapacitate, instead, it helps officers strategically operate pre-escalation on the force continuum, reducing the risk of injury to both officers and subjects. Used by over 1,000 agencies across the U.S. and in 60 countries, BolaWrap® is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST), reinforcing Wrap's commitment to public safety through cutting-edge technology and expert training.
WrapReality™ VR is a fully immersive training simulator to enhance decision-making under stress.
As a comprehensive public safety training platform, it provides first responders with realistic, interactive scenarios that reflect the evolving challenges of modern law enforcement. By offering a growing library of real-world situations,
WrapReality™ is intended to equip officers with the skills and confidence to navigate high stakes encounters effectively, which we believe leads to safer outcomes for both responders and the communities they serve.
WrapVision is an all-new body-worn camera and evidence management system built for efficiency.
Designed for efficiency, security, and transparency to meet the rigorous demands of modern law enforcement, WrapVision captures, stores, and helps manage digital evidence, ensuring operational security, regulatory compliance, and enhanced video picture quality and field of view.
The WrapVision camera, powered by IONODES, boasts streamlined cloud integration and final North American assembly, with a critical made-in-America roadmap projected for early 2026. This track helps ensure data integrity and helps eliminate critical concerns over unauthorized access or foreign surveillance risks.
Trademark Information
WRAP, the Wrap logo, BolaWrap®, Non-Lethal Response™, WrapReality™, Wrap Training Academy, and Non-Lethal Response™ are trademarks of WRAP Technologies, Inc., some of which are registered in the U.S. and abroad. All other trade names used herein are either trademarks or registered trademarks of the respective holders.
Cautionary Note on Forward-Looking Statements - Safe Harbor Statement
This release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Words such as “expect,” “anticipate”, “should”, “believe”, “target”, “project”, “goals”, “estimate”, “potential”, “predict”, “may”, “will”, “could”, “intend”, and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements include, but are not limited to, statements relating to the Company’s strategic investment in Frenel; the expected benefits, effects, limitations, and implications of TPiCore® thermal-polarimetric imaging and WrapShield; expected commercialization, integration, deployment, market adoption, and expansion of WrapShield; the Company’s ability to develop, integrate, manufacture, sell, and support current and future products and technologies; the intended performance, benefits, and safety outcomes of the Company’s products and training solutions; expected market opportunities; and the Company's planned future products, technologies, integrations, product designs, and related benefits. The Company's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the Company's ability to maintain compliance with the Nasdaq Capital Market's listing standards; the Company's ability to successfully implement training programs for the use of its products; the Company's ability to manufacture and produce products for its customers; the Company's ability to develop sales for its products; market acceptance of existing and future products; changes in law enforcement budgets, policies, procurement practices, and use-of-force standards; the availability of funding to continue to finance operations; the complexity, expense, and time associated with sales to law enforcement and government entities; the lengthy evaluation and sales cycle for the Company's product solutions; product defects; litigation risks from alleged product-related injuries; risks of government regulations and changes in regulatory classifications or interpretations; the impact resulting from geopolitical conflicts and any resulting sanctions; the ability to obtain export licenses for countries outside of the United States; the ability to obtain patents and defend intellectual property against competitors; the impact of competitive products and solutions; and the Company's ability to maintain and enhance its brand, as well as other risk factors mentioned in the Company's most recent annual report on Form 10-K, subsequent quarterly reports on Form 10-Q, and other Securities and Exchange Commission filings. These forward-looking statements are made as of the date of this release and were based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, or changes in its expectations.
Wrap Technologies získala exkluzivní distribuční práva pro USA a NATO k fyzikálně založené senzorické technologii od Frenel Imaging. Firma ji chce použít jako základ platformy WrapShield pro boj proti dronům.
NEW YORK, July 10, 2026 (GLOBE NEWSWIRE) -- via NetworkNewsWire (“NNW”) — Wrap Technologies Inc. (NASDAQ: WRAP) today announces its placement in an editorial published by NetworkNewsWire (“NNW”), one of 75+ brands within the Dynamic Brand Portfolio@IBN (InvestorBrandNetwork), a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community.
To view the full publication, “The Counter-Drone Technology Gap That Is Leaving Agencies Blind to the Fastest-Growing Threat,” please visit: https://ibn.fm/ABs6L
Public safety institutions have arrived at a breaking point. Hiring more officers and fielding quicker versions of legacy equipment are no longer sufficient answers to the threats that agencies now face. Consumer-grade drones available for under $500 have fundamentally altered the risk landscape. Narcotics organizations deploy these devices against federal border agents. Jails and prisons deal with drone-dropped contraband on a near-daily basis. And Langley Air Force Base, one of the most fortified military installations in the country, was compelled to ground flight operations after persistent drone incursions that no existing nonlethal interdiction protocol could address. The response infrastructure that agencies have relied on for decades is mismatched to the threat environment that now defines their daily operations. Closing that gap is the central challenge of this era.
With that backdrop, Wrap Technologies Inc. has acquired something its rivals in the counter-drone space cannot purchase: the capacity to find the drones that have stopped transmitting. A strategic transaction with Israeli AI-sensing company Frenel Imaging Ltd. has given WRAP exclusive United States and NATO distribution rights to a physics-based sensing technology that detects threats earlier, orchestrates responses, and acts with proportionate, mission-appropriate action. WRAP has positioned that technology as the foundation of WrapShield, its emerging counter-unmanned aircraft system (“UAS”) and autonomous public-safety platform. Counter-drone operations represent the initial deployment domain, with significant expansion potential beyond it.
About Wrap Technologies Inc.
Wrap Technologies is a global leader in innovative public safety technologies and non-lethal tools, delivering cutting-edge technology with exceptional people to address the complex, modern-day challenges facing public-safety organizations.
WRAP’s complete public-safety portfolio includes the non-lethal BolaWrap(R) 150 device, Wrap Reality(R) immersive training platform, WrapVision(TM) body-worn camera system, WrapTactics(TM) training programs, and next-generation C-UAS solutions such as PAN-DA and the 1KC Kinetic Anti-Drone Cassette, all of which supports the company’s mission to provide safer, scalable and cost-effective technologies for public safety, defense and critical infrastructure markets.
With a growing demand for non-lethal tools and techniques to create time, distance and tactical advantage in noncriminal calls, Wrap’s BolaWrap 150 incorporates a multisensory distraction of sight and sound as a first response, followed by a non-lethal restraint if further escalation is required. This approach reduces the risk of injury to officers, subjects, and the community.
Wrap’s BolaWrap 150 solution is intended to provide law enforcement with a safer choice for nearly every phase of a critical incident. This innovative, patented device deploys a multi-sensory, cognitive disruption to expand the pre-escalation period and gives officers the advantage and critical time to manage non-compliant subjects before resorting to higher-force options. The BolaWrap 150 is not pain-based compliance. It does not shoot, strike, shock or incapacitate; instead, it helps officers strategically operate pre-escalation on the force continuum, reducing the risk of injury to both officers and subjects. Used by more than 1,000 agencies across the United States and in 60 additional countries, BolaWrap is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (“IADLEST”), reinforcing Wrap’s commitment to public safety through cutting-edge technology and expert training.
WrapReality(TM) VR is a fully immersive training simulator to enhance decision-making under stress.
As a comprehensive public-safety training platform, it provides first responders with realistic, interactive scenarios that reflect the evolving challenges of modern law enforcement. By offering a growing library of real-world situations, WrapReality is intended to equip officers with the skills and confidence to navigate high stakes encounters effectively, which we believe leads to safer outcomes for both responders and the communities they serve.
WrapVision is an all-new body-worn camera and evidence management system built for efficiency.
Designed for efficiency, security, and transparency to meet the rigorous demands of modern law enforcement, WrapVision captures, stores and helps manage digital evidence, ensuring operational security, regulatory compliance and enhanced video picture quality and field of view.
The WrapVision camera, powered by IONODES, boasts streamlined cloud integration and final North American assembly, with a critical made-in-America roadmap projected for early 2026. This track helps ensure data integrity and helps eliminate critical concerns over unauthorized access or foreign surveillance risks.
NOTE TO INVESTORS: The latest news and updates relating to WRAP are available in the company’s newsroom at https://ibn.fm/WRAP
For more information about Wrap Technologies, visit the company’s website at www.Wrap.com.
About NetworkNewsWire
NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness.
NNW is where breaking news, insightful content and actionable information converge.
For more information, please visit www.NetworkNewsWire.com
Please view full terms of use and disclaimers on the NNW website applicable to all content provided by NNW, wherever published or re-published: http://www.nnw.fm/Disclaimer
NetworkNewsWire
New York, NY
www.NetworkNewsWire.com
212.418.1217 Office [email protected]
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DISCLAIMER: NetworkNewsWire (NNW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. The commentary, views and opinions expressed in this release by NNW are solely those of NNW. Readers of this Article and content agree that they cannot and will not seek to hold liable NNW for any investment decisions by their readers or subscribers. NNW is a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.
The Article and content related to the profiled company represent the personal and subjective views of the Author, and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, NNW, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment.
NNW HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and NNW undertakes no obligation to update such statements.
ATF zařadila BolaWrap 150 od Wrap Technologies mezi prostředky k omezení, nikoli jako střelnou zbraň ani zbraň. Firma říká, že to posiluje její pozici na trhu veřejné bezpečnosti.
NEW YORK, July 09, 2026 (GLOBE NEWSWIRE) -- via NetworkNewsWire (“NNW”) — Wrap Technologies Inc. (NASDAQ: WRAP) today announces its placement in an editorial published by NetworkNewsWire (“NNW”), one of 75+ brands within the Dynamic Brand Portfolio@IBN (InvestorBrandNetwork), a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community.
To view the full publication, “Federal Ruling Changes Economics of Nonlethal Law Enforcement,” please visit: https://ibn.fm/SQDXI
American law enforcement is in the middle of a legal and cultural reckoning over use of force. Courts are demanding more from officers before they reach for traditional weapons, and the Supreme Court’s unanimous 2025 ruling in Barnes v. Felix has made that demand structurally unavoidable: Every use-of-force decision must now be evaluated against the full context of the encounter, not just the moment it occurred. That legal shift is creating real procurement demand for tools that give officers options earlier in an encounter, before the situation reaches the force threshold that generates liability.
Wrap Technologies Inc. builds exactly those tools, and last week the company received a ruling from the Bureau of Alcohol, Tobacco, Firearms and Explosives (“ATF”) that may be the single most consequential development in its commercial history: ATF Ruling 2026-2 formally classified the BolaWrap(R) 150 as an instrument of restraint — not a firearm, not a weapon — under both the Gun Control Act and the National Firearms Act. The ruling strengthens Wrap Technologies’ position among other tech leaders operating in the global public-safety space.
About Wrap Technologies Inc.
Wrap Technologies is a global leader in innovative public safety technologies and non-lethal tools, delivering cutting-edge technology with exceptional people to address the complex, modern-day challenges facing public-safety organizations.
WRAP’s complete public-safety portfolio includes the non-lethal BolaWrap(R) 150 device, Wrap Reality(R) immersive training platform, WrapVision(TM) body-worn camera system, WrapTactics(TM) training programs, and next-generation C-UAS solutions such as PAN-DA and the 1KC Kinetic Anti-Drone Cassette, all of which supports the company’s mission to provide safer, scalable and cost-effective technologies for public safety, defense and critical infrastructure markets.
With a growing demand for non-lethal tools and techniques to create time, distance and tactical advantage in noncriminal calls, Wrap’s BolaWrap 150 incorporates a multisensory distraction of sight and sound as a first response, followed by a non-lethal restraint if further escalation is required. This approach reduces the risk of injury to officers, subjects, and the community.
Wrap’s BolaWrap 150 solution is intended to provide law enforcement with a safer choice for nearly every phase of a critical incident. This innovative, patented device deploys a multi-sensory, cognitive disruption to expand the pre-escalation period and gives officers the advantage and critical time to manage non-compliant subjects before resorting to higher-force options. The BolaWrap 150 is not pain-based compliance. It does not shoot, strike, shock or incapacitate; instead, it helps officers strategically operate pre-escalation on the force continuum, reducing the risk of injury to both officers and subjects. Used by more than 1,000 agencies across the United States and in 60 additional countries, BolaWrap is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (“IADLEST”), reinforcing Wrap’s commitment to public safety through cutting-edge technology and expert training.
WrapReality(TM) VR is a fully immersive training simulator to enhance decision-making under stress.
As a comprehensive public-safety training platform, it provides first responders with realistic, interactive scenarios that reflect the evolving challenges of modern law enforcement. By offering a growing library of real-world situations, WrapReality is intended to equip officers with the skills and confidence to navigate high stakes encounters effectively, which we believe leads to safer outcomes for both responders and the communities they serve.
WrapVision is an all-new body-worn camera and evidence management system built for efficiency.
Designed for efficiency, security, and transparency to meet the rigorous demands of modern law enforcement, WrapVision captures, stores and helps manage digital evidence, ensuring operational security, regulatory compliance and enhanced video picture quality and field of view.
The WrapVision camera, powered by IONODES, boasts streamlined cloud integration and final North American assembly, with a critical made-in-America roadmap projected for early 2026. This track helps ensure data integrity and helps eliminate critical concerns over unauthorized access or foreign surveillance risks.
NOTE TO INVESTORS: The latest news and updates relating to WRAP are available in the company’s newsroom at https://ibn.fm/WRAP
For more information about Wrap Technologies, visit the company’s website at www.Wrap.com.
About NetworkNewsWire
NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness.
NNW is where breaking news, insightful content and actionable information converge.
For more information, please visit www.NetworkNewsWire.com
Please view full terms of use and disclaimers on the NNW website applicable to all content provided by NNW, wherever published or re-published: http://www.nnw.fm/Disclaimer
NetworkNewsWire
New York, NY
www.NetworkNewsWire.com
212.418.1217 Office [email protected]
NetworkNewsWire is powered by IBN
DISCLAIMER: NetworkNewsWire (NNW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. The commentary, views and opinions expressed in this release by NNW are solely those of NNW. Readers of this Article and content agree that they cannot and will not seek to hold liable NNW for any investment decisions by their readers or subscribers. NNW is a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.
The Article and content related to the profiled company represent the personal and subjective views of the Author, and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, NNW, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment.
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WRAP spustila WrapShield, autonomní platformu pro obranu a veřejnou bezpečnost, která začíná s TPiCore® thermal-polarimetric imaging od Frenel Imaging pro detekci dronů. Součástí je i strategická investice do Frenel a exkluzivní licence pro USA a NATO.
MIAMI, July 07, 2026 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (“Wrap” or, the “Company”), a global public safety technology company, today launched WrapShield, an autonomous defense and public safety platform designed to detect threats earlier, orchestrate the response, and act with proportionate, mission-appropriate action; built on the conviction that this decade’s defining threats, from the battlefield to the homeland, will be solved not by better individual devices but by an intelligent operating layer connecting detection to response.
WrapShield represents the next evolution of WRAP – from a company recognized for innovative non-lethal tools to a platform company connecting advanced sensing, artificial intelligence, command-and-control, and response technologies into a unified operating architecture for public safety, homeland security, defense, and critical infrastructure.
To stand up the platform’s detection layer, WRAP announced a strategic investment in Frenel Imaging Ltd. (“Frenel”), an Israeli advanced-sensing company, together with an exclusive U.S. and NATO license to Frenel’s proprietary TPiCore® thermal-polarimetric imaging. Frenel is expected to be the first of many planned investments into WrapShield. WRAP believes it identified the market’s blind spot early and secured access before the U.S. market fully understood this newly validated operational technology. Already in operational use in Israel, Frenel’s technology brings WRAP access to a sensing capability that the Company believes is relevant to U.S. defense and public safety markets.
WrapShield is an autonomous defense and public safety platform intended to serve as an operating layer that connects detection, decision, and response across complex operational environments. WrapShield is designed to enable government agencies to integrate existing and future sensors, AI capabilities, and response technologies into a unified operational ecosystem.
Detect: Advanced multi-modal sensing beginning with Frenel's TPiCore® thermal-polarimetric imaging and AI edge processing, with an architecture designed to incorporate additional sensing technologies over time.Orchestrate: AI-assisted, human-supervised threat detection, classification, and decision support that fuses sensor data, assesses threats, and recommends proportionate courses of action while interoperating with government and third-party command-and-control systems.Respond: A response layer capable of integrating WRAP's own technologies as well as third-party and government response capabilities – kinetic or non-kinetic, lethal or non-lethal, autonomous or human-directed – based on mission requirements, rules of engagement, and customer preferences. The initial application is counter-UAS, with an architecture designed to expand across defense, public safety, critical infrastructure, border security, and other autonomous security missions. The platform’s advantage begins with physics. Conventional thermal cameras generally read one dimension of infrared data – intensity; TPiCore® is designed to read a additional data layers, capturing the polarization of thermal radiation at the pixel level to support reconstruction for each object’s physical characteristics and material composition. The Company believes this polarimetric fingerprint cannot be spoofed, jammed, or turned off, and requires no RF signal to detect. Frenel’s technology implements real-time processing on edge hardware across drone, ground, fixed-site, naval, and handheld configurations.
“We believe the polarimetric fingerprint of an object is as immutable as its molecular composition — it cannot be spoofed, jammed, or turned off. WRAP is the right partner to scale this capability across the U.S. and NATO” said Sagi Zur Arie, Founder & Chief Technology Officer, Frenel
For two decades these were nation-state problems – engineered abroad, fought on foreign battlefields, and countered almost exclusively by the U.S. military. We believe that era is over: the same autonomous, RF-silent systems now cross the U.S. border, loiter over domestic airspace, and probe critical infrastructure at home – and defending against them is no longer the military’s job alone: homeland security, critical infrastructure, and public safety must all be able to detect, orchestrate, and respond. The most dangerous of these systems may carry no radio link, rendering them invisible to the RF-based detection the counter-UAS market is built on. WrapShield is designed to help address that blind spot.
"WrapShield represents our long-term vision for the future of defense and public safety," said Scot Cohen, Chief Executive Officer of WRAP. "We're beginning with one of the most urgent operational challenges facing the world today – countering the rapidly growing threat posed by unmanned aircraft systems. As asymmetric threats become more accessible to lone actors and sophisticated adversaries alike, our customers need platform-level solutions that match the speed, scale, and economics of the threat. WrapShield is our answer: an autonomous platform that is designed to enable earlier detection, AI-assisted decision support, and integration with the response technologies our customers trust. Frenel's advanced thermal polarimetric sensing technology is the first building block in what we believe will become a foundational platform for the next generation of defense and public safety."
A Sensing Capability Applicable Across Emerging Security and Autonomous Markets
Thermal polarimetric sensing is the next level of Visual Actionable Intelligence with applicability extending well beyond traditional public safety environments. Illustrative markets and applications include:
Defense Intelligence, Surveillance, and Reconnaissance (ISR)Counter-Unmanned Aircraft Systems (Counter-UAS)Autonomous Ground, Maritime, and Aerial VehiclesMaritime Domain AwarenessPersistent Surveillance MissionsAI-Enabled Perception SystemsRobotics and Autonomous PlatformsMilitary and Allied Defense ApplicationsBorder SecurityCritical Infrastructure ProtectionIndustrial MonitoringAdvanced Remote Sensing ArchitecturesAirborne and Persistent Observation Missions Because thermal polarimetric sensing measures characteristics inherent to physical materials rather than solely thermal intensity, management believes it is positioned as the underlying technology that will support future applications ranging from ground-based security operations to airborne remote sensing architectures, persistent observation missions, and intelligent autonomous systems where advanced material discrimination, anomaly detection, and situational awareness are increasingly important.
About Frenel Imaging Ltd.
Frenel Imaging Ltd. specializes in polarimetric thermal imaging for defense, security, and precision-sensing applications. Its Division of Focal Plane (DoFP) architecture delivers simultaneous polarimetric and thermal data at the pixel level, processed in real time on deployable edge hardware. Frenel is a 2024 SPIE Prism Award recipient and NVIDIA Inception Program member. www.frenel.ai
About Wrap Technologies, Inc.
Wrap Technologies, Inc. (Nasdaq: WRAP) a global leader in innovative public safety technologies and non-lethal tools, delivering cutting-edge technology with exceptional people to address the complex, modern day challenges facing public safety organizations.
WRAP’s complete public safety portfolio includes the non-lethal BolaWrap® 150 device, Wrap Reality® immersive training platform, WrapVision™ body-worn camera system, WrapTactics™ training programs, and next-generation C-UAS solutions like the 1KC Kinetic Anti-Drone Cassette, all of which supports the Company's mission to provide safer, scalable, and cost-effective technologies for public safety, defense, and critical infrastructure markets.
With a growing demand for non-lethal tools and techniques to create time, distance and tactical advantage in non-criminal calls, Wrap's BolaWrap® 150 incorporates a multi-sensory distraction of sight and sound as a first response, followed by a non-lethal restraint if further escalation is required. This approach reduces the risk of injury to officers, subjects, and the community.
Wrap's BolaWrap® 150 solution is intended to provide law enforcement with a safer choice for nearly every phase of a critical incident. This innovative, patented device deploys a multi-sensory, cognitive disruption to expand the pre-escalation period and gives officers the advantage and critical time to manage non-compliant subjects before resorting to higher-force options. The BolaWrap® 150 is not pain-based compliance. It does not shoot, strike, shock, or incapacitate, instead, it helps officers strategically operate pre-escalation on the force continuum, reducing the risk of injury to both officers and subjects. Used by over 1,000 agencies across the U.S. and in 60 countries, BolaWrap® is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST), reinforcing Wrap's commitment to public safety through cutting-edge technology and expert training.
WrapReality™ VR is a fully immersive training simulator to enhance decision-making under stress.
As a comprehensive public safety training platform, it provides first responders with realistic, interactive scenarios that reflect the evolving challenges of modern law enforcement. By offering a growing library of real-world situations,
WrapReality™ is intended to equip officers with the skills and confidence to navigate high stakes encounters effectively, which we believe leads to safer outcomes for both responders and the communities they serve.
WrapVision is an all-new body-worn camera and evidence management system built for efficiency.
Designed for efficiency, security, and transparency to meet the rigorous demands of modern law enforcement, WrapVision captures, stores, and helps manage digital evidence, ensuring operational security, regulatory compliance, and enhanced video picture quality and field of view.
The WrapVision camera, powered by IONODES, boasts streamlined cloud integration and final North American assembly, with a critical made-in-America roadmap projected for early 2026. This track helps ensure data integrity and helps eliminate critical concerns over unauthorized access or foreign surveillance risks.
Trademark Information
WRAP, the Wrap logo, BolaWrap®, Non-Lethal Response™, WrapReality™, Wrap Training Academy, and Non-Lethal Response™ are trademarks of WRAP Technologies, Inc., some of which are registered in the U.S. and abroad. All other trade names used herein are either trademarks or registered trademarks of the respective holders.
Cautionary Note on Forward-Looking Statements - Safe Harbor Statement
This release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Words such as "expect," "anticipate," "should", "believe", "target", "project", "goals", "estimate", "potential", "predict", "may", "will", "could", "intend", and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements include, but are not limited to, statements relating to the Company’s strategic investment in Frenel; the expected benefits, effects, limitations, and implications of TPiCore® thermal-polarimetric imaging and WrapShield; expected commercialization, integration, deployment, market adoption, and expansion of WrapShield; the Company’s ability to develop, integrate, manufacture, sell, and support current and future products and technologies; the intended performance, benefits, and safety outcomes of the Company’s products and training solutions; expected market opportunities; and the Company's planned future products, technologies, integrations, product designs, and related benefits. The Company's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the Company's ability to maintain compliance with the Nasdaq Capital Market's listing standards; the Company's ability to successfully implement training programs for the use of its products; the Company's ability to manufacture and produce products for its customers; the Company's ability to develop sales for its products; market acceptance of existing and future products; changes in law enforcement budgets, policies, procurement practices, and use-of-force standards; the availability of funding to continue to finance operations; the complexity, expense, and time associated with sales to law enforcement and government entities; the lengthy evaluation and sales cycle for the Company's product solutions; product defects; litigation risks from alleged product-related injuries; risks of government regulations and changes in regulatory classifications or interpretations; the impact resulting from geopolitical conflicts and any resulting sanctions; the ability to obtain export licenses for countries outside of the United States; the ability to obtain patents and defend intellectual property against competitors; the impact of competitive products and solutions; and the Company's ability to maintain and enhance its brand, as well as other risk factors mentioned in the Company's most recent annual report on Form 10-K, subsequent quarterly reports on Form 10-Q, and other Securities and Exchange Commission filings. These forward-looking statements are made as of the date of this release and were based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, or changes in its expectations.
Policejní oddělení UMBC zakoupilo zařízení BolaWrap® a školení NLR od společnosti Wrap Technologies pro první nasazení nesmrtících prostředků pro bezpečnost kampusu. Firma to označila za rozšíření své nabídky v oblasti veřejné bezpečnosti na univerzity.
MIAMI, July 01, 2026 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) (“WRAP” or the “Company”), a global leader in Non-Lethal Response™ (“NLR”) and public safety technology at https://www.wrap.com, today announced that the University of Maryland, Baltimore County (“UMBC”), https://umbc.edu/, has purchased BolaWrap® devices and NLR training as part of its initial deployment of non-lethal capabilities for campus safety and security.
“Our priority is to support a safe campus environment while giving officers additional tools that align with responsible, measured response,” states Lt. Col. Ed McDermott of UMBC. “BolaWrap provides a non-lethal capability that may help officers intervene earlier, reduce escalation, and create opportunities for safer resolutions when circumstances allow.”
The deployment supports UMBC’s ongoing commitment to maintaining a safe, secure, and welcoming environment for students, faculty, staff, and visitors.
“UMBC public safety officers are expected to learn proper deployment, policy alignment, and scenario-based application of the BolaWrap device as part of a complete, non-lethal system,” states Jared Novick, WRAP President. “This may enhance their existing response protocols and reinforces responsible, disciplined use in real-world campus safety scenarios.”
For higher education environments, Non-Lethal Response tools may provide a meaningful capability for incidents involving behavioral escalation, crisis response, welfare checks, disorderly conduct, or other encounters where officers may benefit from additional time and distance. WRAP believes the deployment at UMBC may further demonstrate the relevance of its Non-Lethal Response ecosystem beyond traditional municipal law enforcement and into adjacent markets such as universities, healthcare systems, transportation, critical infrastructure, and security.
The UMBC purchase also builds on WRAP’s broader strategy to expand adoption of its public safety portfolio across organizations seeking safer, scalable, and policy-aligned response capabilities. In addition to BolaWrap, WRAP’s ecosystem includes Wrap Reality immersive training, WrapTactics™ learning management system, WrapVision™ body-worn camera and evidence management solutions, and additional public safety technologies designed to support safer outcomes for officers, subjects, and communities.
About Wrap Technologies, Inc.
Wrap Technologies, Inc. (Nasdaq: WRAP) a global leader in innovative public safety technologies and non-lethal tools, delivering cutting-edge technology with exceptional people to address the complex, modern day challenges facing public safety organizations.
WRAP’s complete public safety portfolio includes the non-lethal BolaWrap® 150 device, Wrap Reality® immersive training platform, WrapVision™ body-worn camera system, WrapTactics™ training programs, and next-generation C-UAS solutions like PAN-DA and the 1KC Kinetic Anti-Drone Cassette, all of which supports the Company's mission to provide safer, scalable, and cost-effective technologies for public safety, defense, and critical infrastructure markets.
With a growing demand for non-lethal tools and techniques to create time, distance and tactical advantage in non-criminal calls, Wrap's BolaWrap® 150 incorporates a multi-sensory distraction of sight and sound as a first response, followed by a non-lethal restraint if further escalation is required. This approach reduces the risk of injury to officers, subjects, and the community.
Wrap's BolaWrap® 150 solution is intended to provide law enforcement with a safer choice for nearly every phase of a critical incident. This innovative, patented device deploys a multi-sensory, cognitive disruption to expand the pre-escalation period and gives officers the advantage and critical time to manage non-compliant subjects before resorting to higher-force options. The BolaWrap® 150 is not pain-based compliance. It does not shoot, strike, shock, or incapacitate, instead, it helps officers strategically operate pre-escalation on the force continuum, reducing the risk of injury to both officers and subjects. Used by over 1,000 agencies across the U.S. and in 60 countries, BolaWrap® is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST), reinforcing Wrap's commitment to public safety through cutting-edge technology and expert training.
WrapReality™ VR is a fully immersive training simulator to enhance decision-making under stress.
As a comprehensive public safety training platform, it provides first responders with realistic, interactive scenarios that reflect the evolving challenges of modern law enforcement. By offering a growing library of real-world situations, WrapReality™ is intended to equip officers with the skills and confidence to navigate high stakes encounters effectively, which we believe leads to safer outcomes for both responders and the communities they serve.
WrapVision is an all-new body-worn camera and evidence management system built for efficiency.
Designed for efficiency, security, and transparency to meet the rigorous demands of modern law enforcement, WrapVision captures, stores, and helps manage digital evidence, ensuring operational security, regulatory compliance, and enhanced video picture quality and field of view.
The WrapVision camera, powered by IONODES, boasts streamlined cloud integration and final North American assembly, with a critical made-in-America roadmap projected for early 2026. This track helps ensure data integrity and helps eliminate critical concerns over unauthorized access or foreign surveillance risks.
Trademark Information
WRAP, the Wrap logo, BolaWrap®, Non-Lethal Response™, WrapReality™, Wrap Training Academy, and Non-Lethal Response™ are trademarks of WRAP Technologies, Inc., some of which are registered in the U.S. and abroad. All other trade names used herein are either trademarks or registered trademarks of the respective holders.
Cautionary Note on Forward-Looking Statements - Safe Harbor Statement
This release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Words such as "expect," "anticipate," "should", "believe", "target", "project", "goals", "estimate", "potential", "predict", "may", "will", "could", "intend", and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Moreover, forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control and include, but are not limited to, statements relating to the expected benefits and performance of the agreement with University of Maryland, Baltimore County Police Department, the Company's planned future products, technologies, integration, intended product designs and expected benefits therefrom, expected market opportunities and outcomes related to Wrap's products to increase officer and public safety. The Company's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the Company's ability to maintain compliance with the Nasdaq Capital Market's listing standards; the Company's ability to successfully implement training programs for the use of its products; the Company's ability to manufacture and produce products for its customers; the Company's ability to develop sales for its products; the market acceptance of existing and future products; the availability of funding to continue to finance operations; the complexity, expense and time associated with sales to law enforcement and government entities; the lengthy evaluation and sales cycle for the Company's product solutions; product defects; litigation risks from alleged product-related injuries; risks of government regulations; the impact resulting from geopolitical conflicts and any resulting sanctions; the ability to obtain export licenses for counties outside of the United States; the ability to obtain patents and defend intellectual property against competitors; the impact of competitive products and solutions; and the Company's ability to maintain and enhance its brand, as well as other risk factors mentioned in the Company's most recent annual report on Form 10-K, subsequent quarterly reports on Form 10-Q, and other Securities and Exchange Commission filings. These forward-looking statements are made as of the date of this release and were based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations.
