Wrap Technologies, Inc. (NASDAQ: WRAP) announced it 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. The full press release can be accessed 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. The company focuses on providing safer, scalable, and cost-effective technologies for public safety, defense, and critical infrastructure markets.
The BolaWrap 150 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 not pain-based compliance; it does not shoot, strike, shock, or incapacitate, but instead helps officers strategically operate pre-escalation on the force continuum. Used by over 1,000 agencies across the U.S. and in 60 countries, BolaWrap is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST).
The international orders from Brazil and India underscore growing global demand for non-lethal restraint technologies. The ATF ruling, which clarifies that the BolaWrap is not classified as a firearm or weapon, removes potential regulatory barriers and could accelerate adoption among law enforcement agencies. Wrap's revenue growth target of 100% year-over-year for 2026 highlights the company's confidence in its market position and the expanding pipeline of commercial opportunities.
Investors can find the latest news and updates regarding WRAP at the company’s newsroom at https://ibn.fm/WRAP.
