Wrap Technologies (NASDAQ: WRAP) is building global momentum as it expands its WrapShield Public Safety Platform, driven by recent regulatory clarity and a strategic acquisition that adds counter-drone sensing capabilities. The company reported approximately $1.2 million in international orders and reaffirmed its target of roughly 100% year-over-year revenue growth in 2026.
A key development is ATF Ruling 2026-2, effective July 2, 2026, which classified the BolaWrap 150 as a federally recognized instrument of restraint rather than a firearm or “any other weapon.” This classification may remove longstanding procurement barriers across law enforcement, corrections, and government markets, helping agencies move from extended evaluation toward department-wide programs.
Wrap Technologies also announced 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. The company describes it as the detection layer of its emerging WrapShield platform.
The WrapShield platform now includes 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 built around a common operating framework. The first operational Wraptor MX prototype has been produced, and an early-adopter program is underway.
For agencies adopting these tools, the measure of success is a tense encounter that ends with everyone going home safely. Wrap Technologies is expanding the range of situations its platform addresses, with the goal of providing non-lethal options for public safety. The company’s recent announcements are part of its strategy to drive adoption and revenue growth.
Forward-looking statements in this article involve risks and uncertainties that may cause actual results to differ materially. For more information, see the company’s filings with the SEC. The latest news and updates relating to WRAP are available in the company’s newsroom at https://ibn.fm/WRAP.
