Wrap Technologies, Inc. (NASDAQ: WRAP) announced the appointment of Eric Bowen as chief operating officer, effective Nov. 16, 2026, as the company advances its strategy to scale commercialization and expand recurring revenue opportunities. The move is aimed at strengthening operational execution across the company’s core business, including manufacturing, supply chain, customer onboarding, training delivery and subscription-based programs.
Bowen brings more than a decade of experience serving government and national security markets, including approximately 12 years at Babel Street, where he held senior operational leadership positions. Most recently, he served as chief revenue officer of Ursa Space Systems. In his new role, Bowen will report to President Jared Novick, who will continue overseeing corporate strategy, revenue growth, commercialization and strategic partnerships. The appointment matters because it places a leader with deep operational and revenue experience in charge of the day-to-day execution needed to turn Wrap’s public safety technology portfolio into scalable, recurring revenue streams.
The appointment follows several developments that position the company for growth. A federal Bureau of Alcohol, Tobacco, Firearms and Explosives determination classified the BolaWrap(R) 150 as an instrument of restraint and rescue rather than a firearm or weapon, a regulatory clarification that could ease adoption among law enforcement agencies. The company also completed its core learning management system content library, which supports training delivery, and closed a $12 million institutional financing in August, providing capital to support commercialization efforts.
Wrap is focused on expanding its non-lethal response business while advancing WrapShield(TM), its emerging detection, orchestration and response platform, supported by a strategic partnership with Frenel Imaging Ltd. The company expects to provide additional updates on WrapShield(TM) and its Frenel partnership in the coming weeks. For investors and industry observers, the COO appointment signals a push to professionalize operations and execute on commercialization plans, which could affect the company’s ability to convert its technology and training offerings into recurring revenue.
Wrap Technologies, Inc. (NASDAQ: WRAP) is a public safety technology company focused on non-lethal response solutions, training, and integrated technologies designed to support law enforcement and security professionals. Through its BolaWrap family of remote restraint devices, training programs, and expanding technology portfolio, WRAP seeks to provide officers and agencies with additional options to manage encounters, support de-escalation, and improve public safety outcomes. For more information, visit www.wrap.com. The latest news and updates relating to WRAP are available in the company’s newsroom at https://nnw.fm/WRAP.
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