Wrap Technologies Inc. (NASDAQ: WRAP) Builds Global

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Wrap Technologies Inc. (NASDAQ: WRAP) Builds Global Momentum as It Expands the WrapShield(TM) Public Safety Platform


- Regulatory clarity: ATF Ruling 2026-2, effective July 2, 2026, classified the BolaWrap(R) 150 as a federally recognized instrument of restraint rather than a firearm or “any other weapon” — which may remove longstanding procurement barriers across law enforcement, corrections, and government markets and is helping agencies move from extended evaluation toward department-wide programs.

- Counter-drone sensing: A strategic transaction with Israeli AI sensing company Frenel Imaging Ltd. gives WRAP exclusive U.S. and NATO distribution rights to Division of Focal Plane (“DoFP”) polarimetric sensing technology, which detects drones by their physical light-scattering signatures rather than radio-frequency emissions — enabling detection, the company says, even after a drone stops transmitting. WRAP describes it as the detection layer of its emerging WrapShield(TM) platform.

- A three-part response layer: With the first operational Wraptor MX(TM) prototype and an early-adopter program, WRAP is positioning a three-component Non-Lethal Response(TM) architecture — BolaWrap(R) 150 (handheld restraint), Wraptor MX(TM) (multi-shot platform), and the developing DFR-X(TM) (drone-deployed restraint) — around a common operating framework.

For the agencies adopting them, non-lethal tools share a single measure of success: a tense encounter that ends with everyone going home safely — the person in crisis, the officer responding, and the community watching. That standard sits at the center of Wrap Technologies (NASDAQ: WRAP) pitch to public safety buyers, and the company is now expanding the range of situations its platform is built to address.

Wrap Technologies entered the third quarter of 2026 reporting continued adoption of its Non-Lethal Response(TM) system across public safety agencies, alongside approximately $1.2 million in international orders and a reaffirmed target of roughly 100% year-over-year revenue growth in 2026, according to the company. WRAP also announced a strategic transaction with Israeli AI sensing company Frenel Imaging Ltd., acquiring exclusive U.S. and NATO distribution rights to physics-based polarimetric sensing technology that it says will underpin its emerging WrapShield(TM) counter-unmanned aircraft system (“UAS”) platform.

Taken together with the recent unveiling of the company’s Wraptor MX(TM) multi-shot restraint platform, the announcements point to both near-term commercial traction and a longer-term shift in how WRAP positions itself: less as a maker of a single device and more as a provider of an integrated system spanning restraint instruments, operational doctrine, sensing technology, and command-and-control — a platform the company says addresses several public safety and security markets at once.

The newly reported orders span two markets. In Brazil, distributors placed orders supporting deployments with multiple public safety agencies, while an additional order in India strengthens the company’s presence in one of the world’s largest public safety markets. WRAP says much of the activity reflects repeat customer demand, which it characterizes as a sign that agencies are moving beyond initial evaluation toward broader operational use. The company reports its Non-Lethal Response(TM) system has been validated by more than 1,000 agencies across 60+ countries, with headquarters in Miami, Florida and manufacturing in Norton, Virginia.

“We are entering the third quarter with meaningful commercial momentum already in place,” said Scot Cohen, Chief Executive Officer of WRAP (ibn.fm/v4TtD). “Opening the quarter with significant international orders is encouraging on its own, but what matters more is what those orders represent — repeat customers expanding their deployments and new markets adopting our technology.”

The company also pointed to ATF Ruling 2026-2, effective July 2, 2026, issued by the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives (“ATF”), which classified the BolaWrap(R) 150 as an instrument of restraint rather than a firearm or “any other weapon.” WRAP’s management believes the decision clarifies a longstanding regulatory question that had complicated procurement in certain markets and expects it to support both domestic and international interest, though the commercial impact will play out over time. According to the company, some agencies that had kept the BolaWrap(R) 150 under extended evaluation are now moving to formal, department-wide Non-Lethal Response(TM) programs — pairing the instrument with WrapTactics(R) operational doctrine training. Management characterizes that shift, from device evaluation to institutional commitment, as its most significant domestic adoption signal since commercial launch, though independent confirmation of the pace of that conversion is not yet available.

While the BolaWrap(R) 150 remains the anchor of its commercial business, WRAP is broadening the WrapShield(TM) platform. Alongside the counter-drone sensing initiative, the company recently introduced the first operational prototype of WraptorMX(TM), a modular multi-shot restraint platform aimed at tactical teams, corrections, and perimeter security. According to WRAP, the prototype extends the platform’s non-lethal response layer beyond the handheld BolaWrap(R) 150 and complements a developing drone-deployed restraint system, DFR-X(TM), forming a family of proportionate response options built around a common operating architecture.

Through the Frenel Imaging transaction, WRAP acquired exclusive U.S. and NATO distribution rights to proprietary Division of Focal Plane (“DoFP”) polarimetric sensing technology, which the company says detects objects by their physical light-scattering signatures rather than their electronic emissions — enabling detection even after a drone stops transmitting. WRAP describes the technology as the detection layer of WrapShield(TM), an integrated platform intended to combine threat detection, AI-assisted decision support, and multiple non-lethal response options under a single operating architecture.

The move targets a growing problem for governments and security agencies. Consumer drones have become common tools for smuggling contraband into correctional facilities, conducting unauthorized surveillance, supporting cross-border criminal activity, and disrupting military installations and critical infrastructure. Traditional counter-drone systems often rely on radar or radio-frequency detection, which can leave gaps when drones operate autonomously or cease transmitting — a limitation the company argues its newly licensed sensing technology helps address. Independent validation of that capability in the field is not yet publicly available.

Collectively, the steps mark a measured evolution from a single-product provider toward an integrated public safety platform. The BolaWrap(R) 150 remains the commercial foundation; Wraptor MX(TM) broadens response options for multi-engagement scenarios; and DFR-X(TM) would extend those capabilities to drone-based deployment. Combined with WrapShield(TM)’s AI-enabled sensing and command architecture, WRAP is assembling a layered system meant to help agencies detect, assess, and respond to evolving threats using proportionate, non-lethal options.

As governments continue investing in officer safety and modern public safety technology, WRAP is positioning across several complementary markets rather than relying on a single product. Whether that breadth translates into sustained growth will depend on execution, the pace of agency adoption, and how quickly the newer platforms move from prototype to deployment. As Cohen put it, management believes the developments reinforce its conviction that WRAP is building “a differentiated public safety technology platform positioned for long-term growth.”

For more information, visit the company’s website at wrap.com.

NOTE TO INVESTORS: The latest news and updates relating to WRAP are available in the company’s newsroom at https://ibn.fm/WRAP

Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer

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