Wrap Technologies (NASDAQ: WRAP) launched WrapShield, an autonomous defense and public safety platform designed to connect threat detection, AI-assisted decision support and response technologies into a unified operating architecture. The company said the platform is intended to help government agencies integrate existing and future sensors, artificial intelligence capabilities and response technologies across defense, public safety, homeland security, critical infrastructure and border security applications, with its initial focus on counter-unmanned aircraft systems.
Wrap Technologies also announced a strategic investment in Israel-based Frenel Imaging Ltd. along with an exclusive U.S. and NATO license for Frenel’s proprietary TPiCore(R) thermal-polarimetric imaging technology, which will serve as the initial sensing layer for WrapShield. The company said it expects Frenel to be the first of multiple planned investments supporting the platform, which is designed to expand across a range of autonomous security and surveillance markets.
NOTE TO INVESTORS: The latest news and updates relating to WRAP are available in the company’s newsroom at https://nnw.fm/WRAP
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer