Wrap Technologies (NASDAQ: WRAP) announced it has entered the third quarter of 2026 with approximately $1.2 million in international orders from customers in Brazil and India, with the associated revenue expected to be recognized during the quarter. The company said the orders reflect expanding international adoption of its BolaWrap 150 restraint device and were secured before increased customer interest following the recent ATF ruling classifying 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. To view the full press release, visit https://ibn.fm/4PKTZ.
The BolaWrap 150, a non-lethal restraint device, has been adopted by over 1,000 agencies across the U.S. and in 60 countries. The device deploys a multi-sensory distraction followed by a non-lethal restraint, aiming to reduce the risk of injury to officers, subjects, and the community. Wrap Technologies’ portfolio also includes 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 ATF ruling is a significant milestone for Wrap, as it clarifies the regulatory status of the BolaWrap, potentially easing adoption by law enforcement agencies concerned about legal classifications. This ruling could drive further interest domestically and internationally, as departments seek non-lethal options to manage encounters without escalating to higher force levels.
Wrap emphasized that the combination of repeat international orders, growing global demand, and the favorable regulatory change positions the company for a strong second half of 2026. The company’s revenue growth target of approximately 100% year-over-year for 2026 underscores its confidence in expanding deployments and commercial pipeline.
