Wrap Technologies (NASDAQ: WRAP) is building global momentum as it expands its WrapShield public safety platform, driven by a recent ATF ruling and a strategic transaction that adds counter-drone sensing capabilities. The company reported approximately $1.2 million in international orders and reaffirmed a target of roughly 100% year-over-year revenue growth in 2026, according to a press release.
The ATF Ruling 2026-2, effective July 2, 2026, classified the BolaWrap 150 as a federally recognized instrument of restraint rather than a firearm or “any other weapon.” This regulatory clarity may remove longstanding procurement barriers across law enforcement, corrections, and government markets, helping agencies move from extended evaluation toward department-wide programs. The ruling addresses a key hurdle for adoption of non-lethal tools, which aim to de-escalate encounters and reduce use-of-force incidents.
In addition, Wrap Technologies announced a strategic transaction with Israeli AI sensing company Frenel Imaging Ltd., granting WRAP exclusive U.S. and NATO distribution rights to Division of Focal Plane (DoFP) 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. The company describes it as the detection layer of its emerging WrapShield platform, addressing the growing threat of unauthorized drones in public safety and security contexts.
Wrap Technologies is also advancing its Non-Lethal Response architecture with the first operational Wraptor MX prototype and an early-adopter program. The three-component system includes the BolaWrap 150 handheld restraint, the Wraptor MX multi-shot platform, and the developing DFR-X drone-deployed restraint, all built around a common operating framework. This architecture aims to provide a graduated response to threats, from ground-level encounters to aerial situations.
For agencies adopting these tools, the measure of success is clear: a tense encounter that ends with everyone going home safely. The expansion of the WrapShield platform, with regulatory support and new detection capabilities, positions Wrap Technologies to address a wider range of public safety scenarios.
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