Wrap Technologies, Inc. (NASDAQ: WRAP) announced it has entered the third quarter of 2026 with approximately $1.2 million in international orders from customers in Brazil and India. The revenue from these orders is expected to be recognized during the quarter, according to the company's press release.
The orders reflect expanding international adoption of the BolaWrap 150 restraint device. Wrap Technologies noted that these orders were secured before increased customer interest following the recent ATF ruling that classified the BolaWrap as an instrument of restraint rather than a firearm or “any other weapon.” This regulatory change is expected to further boost demand.
Wrap Technologies stated that the combination of repeat international orders, growing global demand, and the favorable regulatory change positions the company for a potentially strong second half of 2026. The company reaffirmed its target of approximately 100% year-over-year revenue growth for 2026, citing expanding international deployments, repeat customer activity, and a growing commercial pipeline.
The BolaWrap 150 is a non-lethal restraint device that deploys a multi-sensory distraction of sight and sound as a first response, followed by non-lethal restraint if further escalation is required. The device is designed to reduce the risk of injury to officers, subjects, and the community. It is used by over 1,000 agencies across the U.S. and in 60 countries, and is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST).
Wrap Technologies offers a complete public safety portfolio that includes the BolaWrap 150, 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. The company aims to provide safer, scalable, and cost-effective technologies for public safety, defense, and critical infrastructure markets.
The international orders from Brazil and India underscore the growing global demand for non-lethal tools and techniques. As law enforcement agencies worldwide seek alternatives to higher-force options, the BolaWrap 150 offers a way to create time, distance, and tactical advantage in non-criminal calls. This approach helps officers manage non-compliant subjects before resorting to more forceful measures.
The recent ATF ruling is a significant development for Wrap Technologies. By classifying the BolaWrap as an instrument of restraint rather than a firearm or weapon, the regulatory landscape has shifted favorably. This could open up new markets and accelerate adoption among law enforcement agencies that were previously hesitant due to regulatory uncertainties.
With the third quarter starting on a strong note, Wrap Technologies appears well-positioned to achieve its ambitious revenue growth target. The company's focus on non-lethal solutions aligns with broader societal demands for safer policing practices. As more agencies and countries adopt the BolaWrap and other Wrap products, the potential for sustained growth remains high.
