Wrap Technologies (NASDAQ: WRAP) is building momentum in the public safety market as it expands its WrapShield platform with regulatory clarity and new technology acquisitions. The company reported approximately $1.2 million in international orders and reaffirmed a target of roughly 100% year-over-year revenue growth in 2026, according to a recent announcement.
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.
In addition, Wrap Technologies completed a strategic transaction with Israeli AI sensing company Frenel Imaging Ltd., granting 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 company is also advancing its three-part response layer architecture. With the first operational Wraptor MX prototype and an early-adopter program, Wrap is positioning a Non-Lethal Response system comprising the BolaWrap 150 (handheld restraint), Wraptor MX (multi-shot platform), and the developing DFR-X (drone-deployed restraint) around a common operating framework.
For agencies adopting these tools, the measure of success is a tense encounter that ends with everyone going home safely. Wrap Technologies' expanding platform aims to address a wider range of situations for public safety buyers. The company's newsroom at https://ibn.fm/WRAP provides updates on WRAP. Full terms of use and disclaimers are available at http://IBN.fm/Disclaimer.
