Wrap Technologies, Inc. (NASDAQ: WRAP) announced that it entered the third quarter of 2026 with approximately $1.2 million in international orders from customers in Brazil and India. The revenue from these orders is expected to be recognized during the quarter. According to the company, these orders reflect expanding international adoption of its BolaWrap 150 restraint device and were secured before increased customer interest following a recent ATF ruling that classified the product as an instrument of restraint rather than a firearm or “any other weapon.”
The company stated that the combination of repeat international orders, growing global demand, and the favorable regulatory change positions it for a potentially strong second half of 2026. Wrap Technologies 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. For more details, the full press release is available at https://ibn.fm/4PKTZ.
Wrap Technologies is a global leader in innovative public safety technologies and non-lethal tools. Its complete public safety portfolio includes the non-lethal BolaWrap 150 device, 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. These technologies support the company’s mission to provide safer, scalable, and cost-effective solutions for public safety, defense, and critical infrastructure markets.
The BolaWrap 150 device incorporates a multi-sensory distraction of sight and sound as a first response, followed by a non-lethal restraint if further escalation is required. This approach reduces the risk of injury to officers, subjects, and the community. The device is used by over 1,000 agencies across the U.S. and in 60 countries, and its training is certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST).
The recent ATF ruling is a significant development for Wrap Technologies, as it clarifies the regulatory status of the BolaWrap 150, potentially removing barriers to adoption in certain markets. The company believes this will accelerate interest and orders from law enforcement agencies worldwide. With a strong start to the third quarter and a favorable regulatory environment, Wrap Technologies is well-positioned to meet its ambitious growth targets for 2026.
