Wrap Technologies (NASDAQ: WRAP) announced it entered the third quarter of 2026 with approximately $1.2 million in international orders from customers in Brazil and India, with the associated revenue expected to be recognized during the quarter. The company said the orders reflect expanding international adoption of its BolaWrap(R) 150 restraint device and were secured before increased customer interest following the recent ATF ruling classifying the product as an instrument of restraint rather than a firearm or “any other weapon.”
Wrap said 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. 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. To view the full press release, visit https://ibn.fm/4PKTZ.
Wrap Technologies is a global leader in innovative public safety technologies and non-lethal tools, delivering cutting-edge technology to address the complex challenges facing public safety organizations. Its portfolio includes the non-lethal BolaWrap 150 device, 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 BolaWrap 150 incorporates a multi-sensory distraction of sight and sound as a first response, followed by a non-lethal restraint if further escalation is required, reducing the risk of injury to officers, subjects, and the community.
The BolaWrap 150 is not pain-based compliance; it does not shoot, strike, shock, or incapacitate. Instead, it helps officers strategically operate pre-escalation on the force continuum. Used by over 1,000 agencies across the U.S. and in 60 countries, BolaWrap is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST). The favorable ATF ruling removes regulatory uncertainty, potentially accelerating adoption among law enforcement agencies that previously hesitated due to classification concerns.
The implications of this announcement are significant. The $1.2 million in orders from Brazil and India demonstrates growing international demand for non-lethal restraint technologies. Combined with the ATF ruling, which clarifies the product's legal status in the U.S., Wrap Technologies is well-positioned to capture market share in both domestic and international markets. The company's reaffirmed 100% year-over-year revenue growth target suggests management's confidence in sustained momentum. For investors, the regulatory clarity and repeat orders signal a potential inflection point for the company's financial performance.
