Wrap Technologies (NASDAQ: WRAP) has been selected by WOFT Charities to provide training support for the WOFT Teacher Safety Training Program, which received a $475,000 appropriation in Florida's fiscal year 2026-27 state budget. This initiative aims to equip teachers, administrators, and other school personnel with practical safety and preparedness skills, focusing on situational awareness, threat recognition, early intervention, de-escalation, and avoiding physical confrontation when possible.
The program will include real-world scenarios and practical self-defense instruction, leveraging Wrap's expertise in non-lethal training. Notably, Wrap has exclusive access to WOFT's training facility, which is being developed as a national flagship environment for integrated WRAP training. This partnership positions Wrap to expand its training model beyond education into law enforcement, private security, military, and other professional safety environments, as well as private citizens, potentially incorporating a digital training ecosystem for continuous learning and certification.
The $475,000 appropriation was made to WOFT, with Wrap receiving a portion based on services provided, and should not be interpreted as a direct $475,000 award or future revenue to Wrap. However, this selection underscores the growing demand for non-lethal tools and training in public safety, a market where Wrap is a leader with its BolaWrap 150 device, Wrap Reality immersive training platform, and other solutions.
The BolaWrap 150, used by over 1,000 agencies across the U.S. and in 60 countries, is a non-lethal restraint device that provides a safer alternative for officers managing non-compliant subjects. It is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST). Wrap's comprehensive public safety portfolio also includes WrapVision body-worn cameras and next-generation counter-UAS solutions, all aimed at reducing injuries and enhancing safety outcomes.
This partnership with WOFT aligns with Wrap's mission to provide safer, scalable, and cost-effective technologies for public safety, defense, and critical infrastructure markets. As the program rolls out, it could serve as a model for other states and sectors, potentially expanding Wrap's reach and reinforcing its position as a global leader in innovative public safety technologies.
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