Wrap Technologies, Inc. Common Stock
WRAPWrap Technologies, Inc. is a safety and law enforcement solutions company known for developing non-lethal rescue tools. Its flagship product, the BolaWrap, is designed to assist law enforcement and security personnel in apprehending individuals safely by using a remote-projected restraining device. The company focuses on providing innovative equipment aimed at reducing injuries and enhancing safety for both officers and the communities they serve.
Company News
The ATF issued Ruling 2026-2 formally classifying Wrap Technologies' BolaWrap® 150 as an instrument of restraint rather than a firearm or weapon under federal law. The ruling removes procurement barriers across corrections, civilian safety, international, and autonomous response markets, potentially reducing domestic sales cycles from 3-9 months...
Wrap Technologies announced development of low-light training expansion for its WrapReality VR platform, creating nighttime versions of 15-20 training scenarios. The company is also developing a handheld directional light accessory and expanding weapon-mounted light support. Additionally, Wrap reported Q1 2026 revenue of $1.1M with 45% growth, $3...
Wrap Technologies reported Q1 2026 revenue of $1.1 million, up 45% year-over-year, with product sales surging 186% driven by increased demand for BolaWrap 150 devices. The company achieved $3.2 million in bookings and improved cash burn by 59%. Management reaffirmed its 100% revenue growth target for 2026, citing strengthened pipeline visibility ...
Wrap Technologies reported Q1 2026 revenue of $1.1M (45% growth) with $3.2M in bookings, driven by 186% growth in product sales. The company secured a Department of Homeland Security purchase order and multiple drone/counter-UAS pre-orders internationally. Operating cash expenses improved 59% year-over-year, and the company maintains its 100% rev...
Wrap Technologies (NASDAQ: WRAP) announced its participation in a European law enforcement conference in Italy on May 13-14, 2026, to introduce public safety leaders to its Non-Lethal Response ecosystem, including BolaWrap devices and WrapReality training platform. The event, expected to attract approximately 200 attendees including law enforceme...
