Wrap Technologies Inc. (NASDAQ: WRAP) is building global momentum as it expands the WrapShield Public Safety Platform, driven by a key regulatory ruling and a strategic technology acquisition. The company reported continued adoption of its Non-Lethal Response system across public safety agencies, approximately $1.2 million in international orders, and a reaffirmed target of roughly 100% year-over-year revenue growth in 2026.
A pivotal development came from ATF Ruling 2026-2, effective July 2, 2026, which classified the BolaWrap 150 as a federally recognized instrument of restraint rather than a firearm or “any other weapon.” This regulatory clarity may remove longstanding procurement barriers across law enforcement, corrections, and government markets, helping agencies move from extended evaluation toward department-wide programs. For the agencies adopting these tools, the measure of success is a tense encounter that ends with everyone going home safely—the person in crisis, the officer responding, and the community watching.
In addition to the regulatory win, Wrap Technologies announced a strategic transaction with Israeli AI sensing company Frenel Imaging Ltd., granting WRAP exclusive U.S. and NATO distribution rights to Division of Focal Plane (DoFP) polarimetric sensing technology. This counter-drone system detects drones by their physical light-scattering signatures rather than radio-frequency emissions, enabling detection even after a drone stops transmitting. WRAP describes it as the detection layer of its emerging WrapShield platform.
With the first operational Wraptor MX prototype and an early-adopter program, WRAP is positioning a three-component Non-Lethal Response architecture: the BolaWrap 150 (handheld restraint), the Wraptor MX (multi-shot platform), and the developing DFR-X (drone-deployed restraint), all built around a common operating framework. This expansion broadens the range of situations the platform can address, from individual encounters to drone threats.
The company’s newsroom at https://ibn.fm/WRAP provides the latest updates. For more information on Wrap Technologies, visit wrap.com.
