Curated News
By: NewsRamp Editorial Staff
November 10, 2026

Wrap Technologies Names Eric Bowen COO to Drive Scale and Recurring Revenue

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Original Source

TLDR

  • Wrap Technologies named Eric Bowen COO to scale commercialization and recurring revenue, signaling stronger execution against non-lethal public safety rivals.
  • Bowen will lead manufacturing, supply chain, onboarding, training delivery, and subscription programs, reporting to President Jared Novick starting Nov. 16, 2026.
  • Wrap Technologies advances non-lethal restraint tools and de-escalation training to help officers manage encounters and improve public safety outcomes.
  • Wrap's BolaWrap 150 earned an ATF determination as an instrument of restraint and rescue rather than a firearm or weapon, a notable regulatory shift.

Impact - Why it Matters

The appointment of Eric Bowen as COO signals that Wrap Technologies is moving from product development toward operational scale, a critical transition for a company seeking to expand recurring revenue and commercial adoption. Bowen’s background in government and national security markets, including senior roles at Babel Street and Ursa Space Systems, could help Wrap deepen relationships with law enforcement and security agencies while improving execution across manufacturing, supply chain, training and subscription programs. The timing matters because Wrap has recently secured a favorable ATF classification for its BolaWrap 150 device, completed its core learning management system content library and raised $12 million in institutional financing. Together, these developments position the company to accelerate commercialization of its non-lethal response business and advance WrapShield, its emerging detection, orchestration and response platform. For investors and public safety agencies, Bowen’s operational leadership may determine how quickly Wrap can convert its pipeline into scalable, recurring revenue and deliver integrated solutions that support de-escalation and improve public safety outcomes.

Summary

Wrap Technologies (NASDAQ: WRAP) has appointed Eric Bowen as chief operating officer, effective Nov. 16, 2026, as the public safety technology company advances its strategy to scale commercialization and expand recurring revenue opportunities. Bowen brings more than a decade of experience serving government and national security markets, including approximately 12 years at Babel Street, where he held senior operational leadership positions, and most recently served as chief revenue officer of Ursa Space Systems. He will report to President Jared Novick, who will continue overseeing corporate strategy, revenue growth, commercialization and strategic partnerships. In his new role, Bowen will lead operational execution across Wrap’s core business, including manufacturing, supply chain, customer onboarding, training delivery and subscription-based programs.

The appointment follows several recent developments for Wrap Technologies, including a federal Bureau of Alcohol, Tobacco, Firearms and Explosives determination classifying the BolaWrap(R) 150 as an instrument of restraint and rescue rather than a firearm or weapon, completion of the company’s core learning management system content library, and a $12 million institutional financing in August. The company is focused on expanding its non-lethal response business while advancing WrapShield(TM), its emerging detection, orchestration and response platform, supported by a strategic partnership with Frenel Imaging Ltd. Wrap expects to provide additional updates on WrapShield(TM) and its Frenel partnership in the coming weeks. For more information, readers can view the full press release at https://nnw.fm/4Qmlf.

Wrap Technologies is a public safety technology company focused on non-lethal response solutions, training and integrated technologies designed to support law enforcement and security professionals. Through its BolaWrap family of remote restraint devices, training programs and expanding technology portfolio, WRAP seeks to provide officers and agencies with additional options to manage encounters, support de-escalation and improve public safety outcomes. The latest news and updates relating to WRAP are available in the company’s newsroom at https://nnw.fm/WRAP. This release was distributed by NetworkNewsWire, a specialized communications platform focused on financial news and content distribution for private and public companies and the investment community.

Source Statement

This curated news summary relied on content distributed by InvestorBrandNetwork (IBN). Read the original source here, Wrap Technologies Names Eric Bowen COO to Drive Scale and Recurring Revenue

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