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. develops public safety technology and non-lethal response products for law enforcement, security and related public safety organizations. Company news commonly covers BolaWrap® remote restraint devices, WrapReality™ immersive training deployments, WrapVision digital evidence capabilities, customer purchase orders, contract renewals, and international partner activity.
Recurring updates also address WRAP's broader Non-Lethal Response™ platform, including training programs, policy-centered implementation, healthcare and campus security applications, and research initiatives tied to drone and counter-drone public safety capabilities. Financial-result announcements and operating updates frame product sales, technology-enabled services, market expansion and cost management.
Wrap Technologies (NASDAQ: WRAP) announced a WrapReady subscription with Rio Grande City Police Department on Nov 24, 2025 to equip and train officers with the BolaWrap 150 and integrated non-lethal response training.
The contract provides full onboarding for 12 officers, including equipment, multi-year support, instructor-level certification, WrapTactics coursework, training cassettes, and sustainment services. This is the first planned WrapReady field deployment in a Texas border community and is positioned for expansion to other high-complexity, resource-intensive agencies.
Wrap Technologies (NASDAQ: WRAP) announced a strategic partnership with K-Form on Nov 14, 2025 to expand a Made-in-America supply chain and scale production of non-lethal and autonomous systems. K-Form will provide precision design, rapid prototyping, circuit board printing, component assembly, and custom fabrication compliant with U.S. defense and government sourcing requirements.
The agreement targets production support for BolaWrap 150, MERLIN-Interdictor, WrapReality VR training, WrapVision body-worn cameras, and future robotic/drone platforms while supporting expansion of Wrap's Southwestern Virginia manufacturing hub.
Wrap (NASDAQ: WRAP) reported Q3 2025 results with gross revenue of $2.0M, up 241% year-over-year, and net revenue of $1.5M, up 151%. Recurring subscription sales reached $236K (~12% of gross). Gross profit rose to $0.9M and gross margin expanded to 59%. Operating expenses for the quarter were $3.6M (down 6% YoY) and operating loss improved to $2.8M (down 24% YoY). For the nine months, gross revenue was $3.8M and net revenue was $3.3M versus $3.6M prior-year.
Operational focus includes salesforce expansion, federal market efforts, R&D in non-lethal and counter-UAS solutions, new partnerships, product launches, and recent board and executive appointments. Management will host a webcast on November 12, 2025 at 4:30 p.m. ET.
Wrap (NASDAQ: WRAP) and the Law Enforcement Training and Advisory Council announced on November 7, 2025 an expanded partnership to develop human-centered, non-lethal policy frameworks for the future use of humanoid and robotic systems in public safety.
The effort focuses on ethical use-of-force thresholds, man-in-the-loop oversight, data integrity and transparency, and non-lethal intervention standards to preserve life and maintain accountability as autonomous systems evolve.
Wrap (NASDAQ: WRAP) and LETAC USA announced a partnership on November 6, 2025 to co-develop a Non-Lethal Response: Machine-to-Man Policy Framework focused on policing, campus safety, and commercial security.
Planned deliverables include a comprehensive policy framework defining roles and autonomy levels, sector-specific policy templates, Machine-to-Man tactical SOPs with Wrap Reality™ VR training blueprints, and a demonstration/briefing deck for agencies and policymakers. Both parties plan joint ownership and exclusivity of the resulting standards aimed at pilot programs, training certifications, and federal regulatory engagement.
Wrap (NASDAQ: WRAP) announced the first known air-to-air interdiction using its patented BolaWrap entanglement system paired with the patent-pending MERLIN-Interdictor payload on Vector's Hammer drone. The live test in Salt Lake City, Utah successfully neutralized a moving aerial target mid-flight using a BolaWrap 150 Kevlar tether and anchor cassette.
Wrap says the demo validates MERLIN's platform-agnostic integration, advances production readiness at its Virginia facility, and expands non-lethal CUAS options for defense, homeland security, and public safety.
Wrap (NASDAQ: WRAP) announced its BolaWrap Instructor Course was recertified by the IADLEST National Certification Program in 2025, confirming continued alignment with national POST standards.
The recertification is accepted in 37 states and the 2025 renewal includes curriculum upgrades: refocused non-lethal tactics, emphasis on “when” and “why,” redefined success metrics for compliance/control, and refreshed field-use videos and scenarios. Wrap expects the credential to support its 2026 WrapTactics training strategy and broader agency adoption and POST credit eligibility.
Wrap (NASDAQ: WRAP) completed a live-field trial of its MERLIN-Interdictor Drone-First-Responder (DFR-X) payload on Oct 30, 2025, demonstrating the first recorded drone-to-human deployment of BolaWrap® entanglement technology in a simulated active-shooter scenario.
The test at Mithril Defense HQ in Austin reportedly showed a consistent deployment success rate, supports planned commercialization from Wrap’s Virginia integration hub, and targets law enforcement, private security, DoD, DHS, FBI, and international partners. Pre-orders open Nov 17, 2025 with onboarding, training, and policy packages offered.
Wrap Technologies (NASDAQ: WRAP) issued a stockholder letter dated October 29, 2025 outlining its mission to deliver truly non-lethal public safety tools, training, and policy. The company positions the BolaWrap 150 as a data-anchored alternative to legacy “less-lethal” tools, reporting a 92% field success rate and claiming zero deaths, zero serious injuries, and zero lawsuits in deployments. Wrap highlights accelerating deployments, cited transitions by agencies in North Carolina and Colorado, and higher BolaWrap use versus Tasers in Kentucky. The letter frames Wrap’s strategy as building an integrated non-lethal ecosystem across law enforcement, drones, and private security.
Wrap Technologies (NASDAQ: WRAP) expanded its Board to six members with the appointment of John D. Shulman, founder and managing partner of Juggernaut Capital Partners (JCP), effective Oct 27, 2025.
Shulman is described as a substantial investor in Wrap and leads JCP, a private equity firm with over $1 billion in assets under management. In connection with the appointment, Jerry Ratigan mutually separated from his roles as Chief Financial Officer, Principal Accounting Officer, and Principal Financial Officer, effective Oct 24, 2025.
Wrap appointed CEO Scot Cohen to resume the Principal Financial Officer and Principal Accounting Officer roles immediately. The company said Shulman’s experience will support scaling Wrap’s non-lethal products including the BolaWrap 150, Wrap Reality VR training, and UAS drone interdiction solutions across law enforcement, military, and private security markets.