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Wrap Technologies Q2 Revenue Surges 103%, ATF Clears BolaWrap for Private Security

Wrap Technologies reports Q2 2026 revenue up 103%, gross margin 75%, and ATF classifies BolaWrap 150 as restraint, opening private security market. Learn more.

Wrap Technologies' strong quarterly results and the ATF's classification of the BolaWrap 150 as a non-firearm restraint device are game-changers for the public safety industry. This regulatory clarity opens doors to the massive private security market, potentially transforming how security personnel handle non-compliant individuals without resorting to lethal force. For investors, the company's strategic investment in Frenel Imaging and the development of the WrapShield platform signal a broader push into defense and homeland security, diversifying revenue streams. As law enforcement agencies seek safer alternatives, BolaWrap's adoption could reduce injuries and liability, making communities safer and reshaping the force continuum. This news matters because it highlights a shift toward non-lethal technology that could become standard in both public and private sectors.