Wrap Technologies (NASDAQ: WRAP), a provider of non-lethal public safety technologies, announced that Stark Security Inc., a Chicago-based protective services firm, has selected and will deploy the company's Wrap Reality virtual reality training platform across its operations and officer training programs. This deployment expands WRAP's presence in the private security market, with Stark using the immersive platform to train armed and unarmed officers in de-escalation, situational awareness, communication, and policy-based decision-making through realistic scenarios.
The adoption of Wrap Reality by a private security firm underscores a broader trend: the increasing reliance on immersive training solutions to prepare security personnel for complex, high-stakes situations. For WRAP, this deployment is a strategic step in advancing its WrapShield platform strategy, which integrates training, non-lethal response tools, and evidence management to offer a comprehensive public safety solution. The company noted that the growing demand for such training in the private sector is a key driver of its expansion efforts.
In addition to the Stark Security deployment, WRAP highlighted the potential impact of ATF Ruling 2026-2, which classifies its BolaWrap 150 as an instrument of restraint rather than a firearm or weapon under federal law. This classification could expand access to civilian and private security markets, as it may reduce regulatory barriers and open new opportunities for adoption. The ruling aligns with WRAP's mission to provide safer, scalable, and cost-effective technologies for public safety, defense, and critical infrastructure markets.
Wrap Technologies' portfolio includes the BolaWrap 150, a non-lethal restraint device that deploys a multi-sensory distraction followed by a restraint if escalation occurs. The device is designed to create time and distance, reducing the risk of injury to officers, subjects, and the community. It is not pain-based compliance and does not shoot, strike, shock, or incapacitate. Instead, it helps officers operate pre-escalation on the force continuum. The company reports that the BolaWrap is used by over 1,000 agencies in the U.S. and in 60 countries, with training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST).
The Wrap Reality platform is a fully immersive training simulator that provides first responders with realistic, interactive scenarios. It aims to enhance decision-making under stress by offering a growing library of real-world situations. This training is intended to equip officers with the skills and confidence to navigate high-stakes encounters effectively, leading to safer outcomes for both responders and communities.
WRAP's expansion into the private security sector is a significant development, as it demonstrates the versatility and applicability of its training and non-lethal technologies beyond traditional law enforcement. The decision by Stark Security to adopt Wrap Reality reflects a recognition of the value of immersive training in improving officer performance and safety. As the private security industry continues to professionalize and face evolving challenges, innovative training solutions like Wrap Reality are likely to become increasingly integral.
The company's forward-looking statements indicate that it intends to continue broadening adoption of its technologies. However, as with any forward-looking statements, these are subject to risks and uncertainties, including those detailed in the company's SEC filings. Investors are cautioned not to place undue reliance on these statements.
For more information about Wrap Technologies and its latest news, visit the company's newsroom at https://ibn.fm/WRAP. The full press release can be viewed at https://ibn.fm/J7Jev.
