Wrap Technologies Inc. (NASDAQ: WRAP) is building global momentum as it expands the WrapShield public safety platform, driven by regulatory clarity and new technology acquisitions. The company announced that ATF Ruling 2026-2, effective July 2, 2026, classified the BolaWrap 150 as a federally recognized instrument of restraint rather than a firearm or “any other weapon.” This ruling may remove longstanding procurement barriers across law enforcement, corrections, and government markets, helping agencies move from extended evaluation toward department-wide programs.
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 platform.
The company is positioning a three-component Non-Lethal Response architecture: the BolaWrap 150 (handheld restraint), the Wraptor MX (multi-shot platform), and the developing DFR-X (drone-deployed restraint), all operating within a common framework. With the first operational Wraptor MX prototype and an early-adopter program, WRAP aims to provide agencies with a comprehensive response system.
Wrap Technologies entered the third quarter of 2026 reporting continued adoption of its Non-Lethal Response 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, according to the company. The company's pitch to public safety buyers centers on a single measure of success: a tense encounter that ends with everyone going home safely.
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