Welcome to our dedicated page for Wrap Technologies news (Ticker: WRAP), a resource for investors and traders seeking the latest updates and insights on Wrap Technologies stock.
Wrap Technologies, Inc. (Nasdaq: WRAP) generates news centered on non-lethal public safety technology, law enforcement adoption, and the evolution of its integrated product ecosystem. As a manufacturer of the BolaWrap 150 non-lethal restraint device, WrapReality immersive VR training, WrapVision body-worn camera and evidence management system, WrapTactics training programs, and CUAS platforms like PAN-DA, MERLIN-Interdictor, and the 1KC Kinetic Anti-Drone Cassette, the company’s announcements often highlight how these offerings are being deployed and expanded.
Investors and public safety professionals following WRAP news will see regular updates on agency deployments and training programs. Recent releases describe Glenwood Springs Police Department, Alliance Police Department, and Rio Grande City Police Department integrating BolaWrap 150 into structured non-lethal response frameworks that combine equipment, policy, and recurring training. These stories provide insight into how agencies position BolaWrap as an early intervention option within their use-of-force policies, especially in encounters involving behavioral-health crises and non-compliant but non-violent individuals.
Wrap also issues news about product development and intellectual property, such as filings for next-generation, shoulder-mounted multi-shot non-lethal response platforms with optional directional sound, high-intensity light, advanced sighting, and selectable engagement modes. Other coverage includes milestones in counter-UAS development, like air-to-air interdiction tests using MERLIN-Interdictor payloads on drone platforms, and partnerships with manufacturing and policy organizations such as K-Form and LETAC.
Financial and corporate governance updates appear through earnings releases and SEC-related announcements, including revenue trends, subscription growth tied to programs like WrapReady and WrapPlus, and capital structure decisions involving preferred stock and warrants. For a consolidated view of these developments, the WRAP news page offers a chronological feed of company press releases and related disclosures that reflect Wrap’s focus on non-lethal response, training, evidence management, and modern defense applications.
Wrap Technologies, Inc. (Nasdaq: WRAP) has announced the international sale of 15,000 cartridges for its BolaWrap 100® remote restraint device, demonstrating a growing commitment to less-lethal force in public safety. This order was received in late December 2021, with revenue expected to be recognized in Q4 2021 and Q1 2022. CEO Tom Smith emphasized the importance of effective training for officers to enhance their use-of-force programs. Wrap Technologies offers innovative solutions and training tools to empower law enforcement and improve community safety.
Wrap Technologies, Inc. (Nasdaq: WRAP) announced the shipment of 100 BolaWrap 150 devices to the Dominican Republic Ministry of Defense, following previous successful demonstrations. The order reflects growing interest in international markets, despite ongoing pandemic challenges. The company aims to bolster law enforcement safety with its innovative restraint technology. The shipment occurred in Q4 2021, signaling continued progress in securing international contracts.
Wrap Technologies, Inc. (Nasdaq: WRAP) has partnered with the Emergency Response Training & Certification Association (ERTCA) and Mansfield University Public Safety Training Institute to launch a Mobile Virtual Reality Experience (MVRE) for law enforcement training in Pennsylvania and New York. Starting in March 2022, the program will provide 36 credentialed VR training modules for free, with a focus on enhancing skills like de-escalation and conflict resolution. This initiative aims to empower first responders and improve community safety through innovative training methods.
Wrap Technologies, Inc. (Nasdaq: WRAP) announced the first international shipment of its BolaWrap 150® remote restraint device on December 27, 2021. This shipment follows successful live demonstrations held in October 2021, highlighting the device's innovative features for public safety. Jags Gill, VP of International Sales, emphasized the growing demand for the technology despite international travel challenges. The BolaWrap 150 is designed to safely restrain individuals from a distance, marking a significant step in public safety technology.
Wrap Technologies, Inc. (Nasdaq: WRAP) announced that the Arizona Municipal Risk Retention Pool (AMRRP) has unanimously approved funding to help member police agencies procure BolaWrap devices, covering 50% of the purchase price. AMRRP represents over 60 agencies with over 1,800 police officers. The Board believes that BolaWrap's technology could reduce risks and liability in police operations. CEO Tom Smith highlighted the growing demand for alternative policing methods and improved training solutions, emphasizing WRAP's commitment to innovative public safety solutions.
TEMPE, Ariz., Dec. 06, 2021 - Wrap Technologies, a leader in public safety technologies, announced its President and CEO, Tom Smith, will present at the Benzinga Global Small Cap Conference. The virtual event is scheduled for December 8-9, 2021, with Smith's presentation on December 9 at 11:55 am ET. WRAP management will also conduct one-on-one meetings until December 15. The conference focuses on small cap executives and features educational sessions on various industries. For more information, visit benzinga.com.
Wrap Technologies, Inc. (Nasdaq: WRAP) will present at the virtual Inflection Partners Fall Investment Conference on November 17, 2021, at 2:15 pm ET. CEO Tom Smith and VP of Investor Relations Paul Manley will represent the company. The conference, taking place on November 16-17, features over 25 companies and supports the Travis Manion Foundation, which aids veterans and their families. Attendees can register online and schedule one-on-one meetings with WRAP management. The company specializes in public safety technologies, including the BolaWrap Remote Restraint device and Wrap Reality training system.
Wrap Technologies (Nasdaq: WRAP) announced that the Royal Canadian Mounted Police (RCMP) has exempted the BolaWrap 150 remote restraint device from being classified as a prohibited device or firearm. This classification comes less than a month after the product's launch and follows the earlier exemption of the BolaWrap 100. Canadian law enforcement, including the Sainte-Anne Police, has begun using the BolaWrap for officers. The company aims to meet training requests from law enforcement across Canada.
Wrap Technologies, Inc. (Nasdaq: WRAP) announced that the Sainte-Anne Police Department in Manitoba has become the first Canadian agency to utilize the BolaWrap remote restraint device. Following a successful training program, this deployment signifies a key milestone in WRAP's efforts to enhance public safety technologies. The event featured a demonstration attended by various police services, showcasing the BolaWrap's efficacy in safely restraining individuals without resorting to greater force. WRAP’s CEO emphasized the significance of this achievement amidst global operational challenges.
Wrap Technologies (Nasdaq: WRAP) has released new bodycam footage highlighting the successful deployment of its BolaWrap device by the Indianapolis Metro Police Department (IMPD). On October 24, 2021, officers utilized the BolaWrap to safely restrain a noncompliant individual without physical confrontation, marking its second use by the IMPD. President and CEO Tom Smith praised the officers for their effective communication and proactive approach to prevent escalation. The BolaWrap aims to enhance public safety through innovative restraint technologies.