PRESS RELEASE

Wrap Technologies (NASDAQ: WRAP) Builds Global Momentum as It Expands the WrapShield(TM) Public Safety Platform

Austin, Texas, July 30th, 2026, FinanceWire


  • Regulatory clarity: ATF Ruling 2026-2, effective July 2, 2026, classified the BolaWrap(R) 150 as a federally recognized instrument of restraint rather than a firearm or “any other weapon” — which may remove longstanding procurement barriers across law enforcement, corrections, and government markets and is helping agencies move from extended evaluation toward department-wide programs.
  • Counter-drone sensing: A strategic transaction with Israeli AI sensing company Frenel Imaging Ltd. gives WRAP exclusive U.S. and NATO distribution rights to Division of Focal Plane (“DoFP”) polarimetric sensing technology, which detects drones by their physical light-scattering signatures rather than radio-frequency emissions — enabling detection, the company says, even after a drone stops transmitting. WRAP describes it as the detection layer of its emerging WrapShield(TM) platform.
  • A three-part response layer: With the first operational Wraptor MX(TM) prototype and an early-adopter program, WRAP is positioning a three-component Non-Lethal Response(TM) architecture — BolaWrap(R) 150 (handheld restraint), Wraptor MX(TM) (multi-shot platform), and the developing DFR-X(TM) (drone-deployed restraint) — around a common operating framework.

For the agencies adopting them, non-lethal tools share a single measure of success: a tense encounter that ends with everyone going home safely — the person in crisis, the officer responding, and the community watching. That standard sits at the center of Wrap Technologies (NASDAQ: WRAP) pitch to public safety buyers, and the company is now expanding the range of situations its platform is built to address.

Wrap Technologies entered the third quarter of 2026 reporting continued adoption of its Non-Lethal Response(TM) system across public safety agencies, alongside approximately $1.2 million in international orders and a reaffirmed target of roughly 100% year-over-year revenue growth in 2026, according to the company. WRAP also announced a strategic transaction with…

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