Wrap Technologies (NASDAQ: WRAP) is building global momentum as it expands its WrapShield public safety platform. The company announced that ATF Ruling 2026-2, effective July 2, 2026, classified the BolaWrap 150 as a federally recognized instrument of restraint rather than a firearm or any other weapon. This regulatory clarity 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 entered into a strategic transaction with Israeli AI sensing company Frenel Imaging Ltd., giving WRAP exclusive U.S. and NATO distribution rights to Division of Focal Plane 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. WRAP describes it as the detection layer of its emerging WrapShield platform.
With the first operational Wraptor MX prototype and an early-adopter program, WRAP is positioning a three-component Non-Lethal Response architecture: BolaWrap 150 (handheld restraint), Wraptor MX (multi-shot platform), and the developing DFR-X (drone-deployed restraint), all around a common operating framework.
Wrap Technologies entered the third quarter of 2026 reporting continued adoption of its Non-Lethal Response system across public safety agencies, alongside approximately $1.2 million in international orders and a reaffirmed target of roughly 100% year-over-year revenue growth in 2026, according to the company. WRAP also announced a strategic transaction with Frenel Imaging Ltd.
The company’s press release highlighted that for agencies adopting non-lethal tools, success is measured by a tense encounter that ends with everyone going home safely. This standard sits at the center of WRAP’s pitch to public safety buyers, and the company is now expanding the range of situations its platform is built to address.
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