Wrap Technologies (NASDAQ: WRAP) announced it has entered the third quarter of 2026 with approximately $1.2 million in international orders from customers in Brazil and India. The company expects to recognize the associated revenue during the quarter. These orders reflect expanding international adoption of the BolaWrap 150 restraint device and were secured before increased customer interest following the recent ATF ruling that classified the product as an instrument of restraint rather than a firearm or “any other weapon.”
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, according to Wrap Technologies. 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. For the full press release, visit https://ibn.fm/4PKTZ.
The BolaWrap 150 is a non-lethal restraint device that deploys a multi-sensory distraction of sight and sound as a first response, followed by a non-lethal restraint if further escalation is required. The device is intended to reduce the risk of injury to officers, subjects, and the community. Unlike pain-based compliance tools, the BolaWrap does not shoot, strike, shock, or incapacitate; instead, it helps officers operate pre-escalation on the force continuum. The company notes that the device is used by over 1,000 agencies across the U.S. and in 60 countries, and its training is certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST).
Wrap Technologies also highlighted its broader public safety portfolio, which includes the 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 WrapVision camera, powered by IONODES, features streamlined cloud integration and a final North American assembly, with a made-in-America roadmap projected for early 2026. This approach helps ensure data integrity and addresses concerns over unauthorized access or foreign surveillance risks.
The ATF ruling is a significant regulatory milestone for Wrap Technologies. By classifying the BolaWrap as an instrument of restraint rather than a firearm or weapon, the ruling removes potential legal barriers and may accelerate adoption among law enforcement agencies. This regulatory clarity, combined with the company's strong international orders, suggests that Wrap Technologies is well-positioned to achieve its growth targets for 2026.
