Wrap Technologies Raises $12M to Expand WrapShield Platform

Public safety agencies are increasingly confronting a technology environment in which detection, response, training and digital evidence must work together rather than operate as isolated systems. As agencies modernize their operations, the opportunity is expanding beyond individual products toward connected platforms capable of supporting multiple stages of the public safety workflow. Wrap Technologies (NASDAQ: WRAP) is positioning itself around that shift through WrapShield(TM), an expanding technology architecture designed to connect detection, decision-making and proportionate response across public safety and related sectors. The company has raised $12 million in growth capital to accelerate the development of WrapShield(TM) and support planned business expansion, including entry into enterprise, federal, defense, and international markets.

WRAP's strategy involves integrating technologies spanning detection, response, training, and evidence management, moving beyond traditional law enforcement to a broader customer base. The company's growing technology portfolio and strategic partnerships are positioning WrapShield(TM) as a unified platform that brings multiple public safety capabilities together. This approach addresses the need for interoperability and streamlined workflows, offering a comprehensive solution rather than point products. The company's newsroom at https://nnw.fm/WRAP provides the latest updates, and additional information is available at wrap.com.

This development is notable as it reflects a broader industry trend toward integrated solutions. By leveraging its WrapShield(TM) platform, WRAP aims to capitalize on the growing demand for connected public safety technologies, potentially enhancing efficiency and effectiveness for agencies worldwide. The investment and expansion plans signal confidence in the market and the company's ability to deliver innovative solutions.