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Wrap Technologies: Non-Lethal Tool Gains Traction Amid Police Reform

Wrap Technologies (NASDAQ: WRAP) BolaWrap non-lethal restraint device gains adoption in 140+ U.S. police departments and 19 countries amid $1B police misconduct settlements. Market projected to hit $11.85B by 2023.

This news matters because it highlights a scalable, humane alternative to traditional use-of-force methods, potentially reducing police-involved injuries and fatalities. As cities face billion-dollar payouts for misconduct, BolaWrap could lower legal costs and build community trust. For investors, the rapid adoption and growing market size signal a strong growth opportunity in the non-lethal weapons sector.