Wrap Technologies (NASDAQ: WRAP) is building global momentum as it expands the WrapShield public safety platform, driven by recent regulatory clarity and strategic technology acquisitions. The company reported approximately $1.2 million in international orders and reaffirmed its target of roughly 100% year-over-year revenue growth in 2026, according to the company.
A key development is 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 classification may remove longstanding procurement barriers across law enforcement, corrections, and government markets, helping agencies move from extended evaluation toward department-wide programs.
In addition, Wrap Technologies completed a strategic transaction with Israeli AI sensing company Frenel Imaging Ltd., granting exclusive U.S. and NATO distribution rights to Division of Focal Plane polarimetric sensing technology. This technology detects drones by their physical light-scattering signatures rather than radio-frequency emissions, enabling detection even after a drone stops transmitting. Wrap describes it as the detection layer of its emerging WrapShield platform.
The company is also advancing its three-part Non-Lethal Response architecture: the BolaWrap 150 handheld restraint, the Wraptor MX multi-shot platform (with the first operational prototype and an early-adopter program), and the developing DFR-X drone-deployed restraint. These components operate around a common framework, expanding the range of situations the platform can address.
For agencies adopting non-lethal tools, the measure of success is a tense encounter that ends with everyone going home safely. Wrap Technologies is positioning its platform to meet that standard across more scenarios.
Forward-looking statements in this article involve risks and uncertainties. For more information, see the company's filings with the SEC. The latest news and updates relating to WRAP are available in the company’s newsroom at https://ibn.fm/WRAP. Full terms of use and disclaimers are available at http://IBN.fm/Disclaimer.
