Wrap Technologies Inc. (NASDAQ: WRAP) is building global momentum as it expands the WrapShield(TM) Public Safety Platform, driven by regulatory clarity and strategic technology acquisitions. The company 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.
A key development is ATF Ruling 2026-2, effective July 2, 2026, which classified the BolaWrap(R) 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 provides regulatory clarity that could accelerate adoption of the handheld restraint device.
In addition, Wrap Technologies completed 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. WRAP describes it as the detection layer of its emerging WrapShield(TM) platform, addressing the growing threat of unauthorized drones.
With the first operational Wraptor MX(TM) prototype and an early-adopter program, WRAP is positioning a three-component Non-Lethal Response(TM) architecture around a common operating framework. The system includes the BolaWrap(R) 150 (handheld restraint), Wraptor MX(TM) (multi-shot platform), and the developing DFR-X(TM) (drone-deployed restraint). For agencies adopting these tools, success is measured by tense encounters that end with everyone going home safely—the person in crisis, the officer responding, and the community watching.
The company’s newsroom at https://ibn.fm/WRAP provides the latest updates on WRAP. These developments position Wrap Technologies to expand its footprint in public safety, offering a comprehensive non-lethal response system that addresses both ground-based and aerial threats.
