Wrap Technologies Expands Non-Lethal Platform with Key Regulatory and Tech Wins

Wrap Technologies (NASDAQ: WRAP) is building significant momentum in its mission to equip public safety agencies with non-lethal tools that de-escalate tense encounters. The company announced a series of strategic developments that expand its WrapShield™ platform, addressing both regulatory and technological barriers. Key among these is the 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 removes long-standing procurement hurdles, enabling law enforcement and corrections agencies to move from evaluations to department-wide adoption. In parallel, WRAP has engaged in a strategic transaction with Frenel Imaging Ltd., an Israeli AI sensing company, securing exclusive U.S. and NATO distribution rights to its Division of Focal Plane (“DoFP”) polarimetric sensing technology. This counter-drone system detects drones by their physical light-scattering signatures, not radio-frequency emissions, allowing detection even after a drone stops transmitting—a key capability for public safety and security applications.

WRAP is also advancing its three-part Non-Lethal Response™ architecture, which includes the BolaWrap® 150 (handheld restraint), the Wraptor MX™ (multi-shot platform), and the developing DFR-X™ (drone-deployed restraint). With the first operational Wraptor MX™ prototype and an early-adopter program underway, the company is positioning this layered system to address a wide range of incidents, from individual crises to larger-scale threats. Financially, WRAP reported approximately $1.2 million in international orders and reaffirmed a target of roughly 100% year-over-year revenue growth in 2026, reflecting growing global demand. The company’s latest updates were detailed in a recent article on MissionIR, which highlights the company's strategic expansion. For more information, investors can visit the company’s newsroom at https://ibn.fm/WRAP.

These developments underscore WRAP’s commitment to providing alternatives to lethal force, aiming to reduce fatalities and improve outcomes in law enforcement encounters. By combining regulatory wins, innovative detection technology, and a comprehensive response system, the company is positioning itself as a leader in the non-lethal public safety market.