Wrap Technologies Inc. (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 continued adoption of its Non-Lethal Response system across public safety agencies, with approximately $1.2 million in international orders and a reaffirmed target of roughly 100% year-over-year revenue growth in 2026.
Regulatory clarity came with 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. The ruling is expected to accelerate adoption of the handheld restraint device, which is a core component of WRAP's Non-Lethal Response architecture.
In addition to regulatory progress, WRAP announced a strategic transaction with Israeli AI sensing company Frenel Imaging Ltd., granting 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. WRAP describes this as the detection layer of its emerging WrapShield platform, addressing the growing threat of unauthorized drones in public safety scenarios.
WRAP is positioning a three-component Non-Lethal Response architecture around a common operating framework: 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). For agencies adopting these tools, the single measure of success is a tense encounter that ends with everyone going home safely—the person in crisis, the officer responding, and the community watching.
The company's latest news and updates are available in its newsroom at https://ibn.fm/WRAP. Additional company information is available at wrap.com.
