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, 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.
The BolaWrap(R) 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. This approach reduces the risk of injury to officers, subjects, and the community. The device 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, the BolaWrap(R) is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST).
The company’s complete public safety portfolio also includes the Wrap Reality(R) immersive training platform, WrapVision(TM) body-worn camera system, WrapTactics(TM) training programs, and next-generation C-UAS solutions like PAN-DA and the 1KC Kinetic Anti-Drone Cassette. WrapVision is an all-new body-worn camera and evidence management system built for efficiency, designed to capture, store, and help manage digital evidence, ensuring operational security and regulatory compliance. The WrapVision camera, powered by IONODES, boasts streamlined cloud integration and final North American assembly, with a critical made-in-America roadmap projected for early 2026.
The favorable regulatory change from the ATF is expected to open further opportunities as law enforcement agencies seek non-lethal tools that are not classified as weapons. The international orders from Brazil and India, both large markets for public safety technologies, underscore the global demand for such devices. For more details on the press release, visit https://ibn.fm/4PKTZ.
Forward-looking statements in this article involve risks and uncertainties, as detailed in the company's filings with the SEC, including the risk factors in its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Undue reliance should not be placed on these statements, which are based on information available as of the date hereof.
