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Wrap Technologies Inc - WRAP STOCK NEWS

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. (WRAP) delivers innovative public safety solutions through its BolaWrap remote restraint system, VR training platforms, and AI-powered evidence management tools. This news hub provides investors and public safety professionals with essential updates on the company’s operational milestones and technological advancements.

Access real-time updates on earnings reports, product certifications, and strategic partnerships. Track developments in WRAP’s law enforcement solutions including new market expansions, training program launches, and enhancements to its WrapAI evidence management platform.

Key content includes quarterly financial results, regulatory filings, product deployment announcements, and executive leadership updates. All press releases are sourced directly from official corporate communications to ensure accuracy and compliance with financial disclosure standards.

Bookmark this page for streamlined access to WRAP’s latest developments in de-escalation technologies and digital policing solutions. Check regularly for updates on patents, international distribution agreements, and field implementation case studies.

Rhea-AI Summary
Wrap Technologies, Inc. provides an update on its operations and timing for reporting financial results. The company expects to release fourth quarter and full year 2023 results soon, with revenue estimated at approximately $6.1M. No financial restatements are anticipated, but the Form 10-K filing for 2023 has been delayed. Investors are advised not to rely solely on these estimates.
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Rhea-AI Summary
Wrap Technologies, Inc. launches WrapAI™, an artificial intelligence product suite for its Intrensic Body-Worn Camera and Digital Evidence Management platform. The suite includes AI Auto-Tagging, AI Video Redaction, Automated Transcription, and AI-Assisted Contextual Content Search, aiming to streamline operations for police departments and private security firms worldwide.
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Rhea-AI Summary
Wrap Technologies, Inc. postpones the release of its financial results and investor call for Q4 and full year 2023 to finalize year-end reporting process.
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Rhea-AI Summary
Wrap Technologies, Inc. (Nasdaq: WRAP) will host a conference call to discuss its financial and operational results for the last quarter of 2023 on March 28th. Interested parties can submit questions prior to the call, which will address the Company's strategic direction and execution.
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Rhea-AI Summary
Wrap Technologies, Inc. (Nasdaq: WRAP) has achieved a significant milestone with the full deployment of the BolaWrap Remote Restraint device for the Fairfax County Police Department in Virginia. The decision to implement BolaWrap devices department-wide follows a successful pilot program, marking a major advancement in public safety. The deployment showcases Wrap's commitment to providing law enforcement agencies with non-lethal tools for de-escalation and conflict resolution, reflecting a growing recognition of the importance of modern, non-lethal tools in policing.
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Wrap Technologies, Inc. (Nasdaq: WRAP) announces cost reduction initiatives, expansion in manufacturing, and investment in enterprise-level sales and marketing infrastructure to position the company for growth in 2024 and beyond. The company has reduced its labor force by 30% to achieve $2.4M in annual savings, while expanding manufacturing capacity and building a robust sales and marketing team. These measures aim to meet the increasing global demand for its solutions and drive shareholder value.
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Wrap Technologies, Inc. (Nasdaq: WRAP) appoints Scot Cohen as new CEO, emphasizing top-line growth, talent recruitment, and cost optimization. Cohen's extensive experience in institutional asset management and capital markets positions him to lead the company into new markets. The company also appoints Kevin Mullins as President, expressing gratitude for his contributions. Under Cohen's leadership, Wrap aims for future growth and higher purpose policing.
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Rhea-AI Summary
Wrap Technologies, Inc. (Nasdaq: WRAP) proudly announces receiving a $4.9 million BolaWrap order, the largest in Company history, signaling a potential global deployment opportunity for WRAP’s solution set in 2024. The order, placed by a distributor, validates the increasing recognition of BolaWrap's efficacy in modern law enforcement. CEO Kevin Mullins highlights the significance of the commitment from the customer, emphasizing the value and impact of WRAP's solutions.
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Wrap Technologies, Inc. (Nasdaq: WRAP) announced the release of new AI functionalities for their Wrap Intrensic Body-Worn Camera Solution and Digital Evidence Management System platform. The new features include AI Video Redaction, Automated Transcription of Voice-Captured Video, AI-Assisted Contextual Content Search, and AI Video Content Review, reinforcing the company's commitment to providing cutting-edge tools for law enforcement professionals. These advancements aim to enhance transparency, efficiency, safety, and accountability in policing.
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Rhea-AI Summary
Wrap Technologies, Inc. (WRAP) Announces Expanding Deployments of BolaWrap® 150 Remote Restraint Device
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Wrap Technologies Inc

Nasdaq:WRAP

WRAP Rankings

WRAP Stock Data

73.72M
34.22M
30.73%
9.78%
11.03%
Scientific & Technical Instruments
Ordnance & Accessories, (no Vehicles/guided Missiles)
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United States
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