Wrap Technologies, Inc. (NASDAQ: WRAP) announced it entered the third quarter of 2026 with approximately $1.2 million in international orders from customers in Brazil and India. The associated revenue is expected to be recognized during the quarter. The company stated that these orders reflect expanding international adoption of its BolaWrap 150 restraint device and were secured before increased customer interest following a recent ATF ruling that classified the product as an instrument of restraint rather than a firearm or “any other weapon.”
Wrap said the combination of repeat international orders, growing global demand, and the favorable regulatory change positions the company for a potentially strong second half of 2026. The company reaffirmed its target of approximately 100% year-over-year revenue growth for 2026, citing expanding international deployments, repeat customer activity, and a growing commercial pipeline.
The BolaWrap 150 is a non-lethal restraint device that deploys a multi-sensory distraction of sight and sound as a first response, followed by restraint if escalation is required. It is designed to reduce the risk of injury to officers, subjects, and the community. Used by over 1,000 agencies across the U.S. and in 60 countries, the device is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST).
Wrap Technologies also offers a complete public safety portfolio including the Wrap Reality immersive training platform, WrapVision body-worn camera system, WrapTactics training programs, and next-generation C-UAS solutions like PAN-DA and the 1KC Kinetic Anti-Drone Cassette. The company aims to provide safer, scalable, and cost-effective technologies for public safety, defense, and critical infrastructure markets.
The ATF ruling is a significant regulatory milestone that removes any ambiguity about the BolaWrap’s classification, potentially opening doors to wider adoption by law enforcement agencies that had previously been hesitant. The $1.2 million in orders from Brazil and India underscore the growing international demand for non-lethal restraint technologies.
For more details, the full press release is available at https://ibn.fm/4PKTZ.
