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) has launched WrapTactics™, a subscription-based digital learning and training platform designed to enhance police officer readiness through science-based instruction. The platform addresses critical training gaps in law enforcement, where skills can deteriorate within weeks without proper reinforcement.
The platform features burst learning modules and scenario-based applications, including BolaWrap® 150 Operator Course, body-worn camera reviews, and control tactics training. WrapTactics™ is available as a standalone platform and is included in Wrap's WrapReady™ and WrapPlus™ subscription bundles.
Wrap Technologies (NASDAQ: WRAP) has secured a $4.5 million private placement through the sale of Series B Preferred Stock and warrants to institutional investors. The financing includes 4,500 shares of preferred stock convertible into 3 million common shares at $1.50 per share, along with warrants to purchase an additional 3 million shares.
The funding will accelerate the development of Wrap's counter-drone technologies, including Wrap-Merlin and Wrap-PANDA programs, which repurpose BolaWrap® 150 inventory. The proceeds will also support the company's dual-use strategy, targeting both law enforcement and federal markets, while expanding WrapVision's body camera offerings and subscription-based solutions.
Wrap Technologies (NASDAQ: WRAP) reported Q2 2025 financial results marked by significant cost reductions and operational improvements. The company achieved a 26% reduction in Q2 operating expenses to $3.3 million from $4.5 million in Q1 2025. Cash position strengthened by 16% to $4.2 million as of June 30, 2025, while net cash used in operations decreased by $2.2 million year-over-year.
Strategic initiatives included the launch of WrapVision, a North American-made body-worn camera solution, and the appointment of Jerry Ratigan as CFO. The company is preparing to take possession of its new manufacturing facility in Norton, Virginia by August 2025. Revenue stood at $1.0 million for Q2 and $1.8 million for H1 2025, as the company focuses on customer acquisition and implementing a new Go-To-Market strategy.
Wrap Technologies (NASDAQ: WRAP) has unveiled Project PAN-DA (Personal Anti-Drone Armament), its second counter-unmanned aircraft systems (C-UAS) initiative. The system repurposes the company's BolaWrap 150 platform to create a handheld counter-drone defense system that launches Kevlar tethers to physically entangle and disable hostile drones midair.
Built on technology currently used by over 1,000 law enforcement agencies, PAN-DA aims to provide a cost-effective, reusable alternative to existing drone defense solutions. The company is targeting the global counter-drone market, projected to grow from $1.9 billion in 2023 to $6.8 billion by 2030. Following successful phase one proof of concept, Wrap's engineering teams will focus on enhancing range, area-of-effect, and cassette cost optimization.
Wrap Technologies (NASDAQ: WRAP) has unveiled a new research and development initiative to adapt its BolaWrap® 150 technology for the counter-unmanned aircraft systems (C-UAS) market. The company's first concept, Wrap-Merlin 1, is a modular drone-mounted payload system designed to neutralize hostile drones mid-flight.
The system can mount up to six BolaWrap® 150 cassettes on an FPV drone platform, featuring remote deployment and first-person-view targeting capabilities. Key advantages include multiple engagements per sortie, compatibility with existing drone fleets, and rapid adaptability. The system is engineered for integration with Department of Defense Blue UAS-approved platforms and allied drone systems.
This initiative targets the global counter-UAS market, which is projected to grow from $1.9 billion in 2023 to $6.8 billion by 2030. The company aims to leverage its existing BolaWrap® manufacturing infrastructure for rapid commercialization in both DOD and global defense markets.
Wrap Technologies (NASDAQ: WRAP) has launched WrapVision, a North American-made body-worn camera platform designed for law enforcement, public safety, and healthcare professionals. The TAA-compliant solution features advanced specifications including a 6000 mAh battery with 12-hour operation, 180° x 180° ultra-wide lens, and 8MP high-resolution sensor.
The platform integrates with major video systems and is compatible with leading Genetec and Milestone VMS platforms. WrapVision offers secure data management through North American exclusive data centers, addressing concerns about unauthorized foreign access and cyber security. The competitively priced solution aims to support Wrap's subscription-driven revenue strategy and pathway to profitability.
Wrap Technologies (NASDAQ: WRAP), a leader in public safety technologies and non-lethal tools, will host its Q2 2025 earnings conference call on Thursday, August 14, 2025, at 4:30 p.m. ET. The company will release its financial and operational results for the quarter ended June 30, 2025, before the call.
Shareholders can submit questions to ir@wrap.com by August 12, 2025, at 5:00 p.m. ET. The earnings release and related materials will be available on the company's investor relations website at ir.wrap.com.
Wrap Technologies (NASDAQ: WRAP) has appointed Dr. Todd Larson as Strategic Advisor to guide the development of WrapTactics™, the company's advanced learning management system for police training. Dr. Larson brings over 30 years of experience in law enforcement and education, including a 22-year career with the Scottsdale Police Department and extensive experience in SWAT operations.
The WrapTactics™ platform will focus on three key areas: mindset framing for clarity under pressure, emotion regulation for de-escalation, and tactical precision for safe situation resolution. Dr. Larson's role will be crucial in developing scenario-based training modules that combine tactical expertise with emotional intelligence.
Wrap Technologies (NASDAQ: WRAP) has appointed Gerald "Jerry" Ratigan as its new Chief Financial Officer. Ratigan brings over 20 years of experience in financial strategy, including roles in public companies, capital markets, and investment banking. His extensive background includes Big Four accounting experience and leadership positions at companies like Gearbox Entertainment, Entertainment Benefits Group, and MoneyOnMobile.
The company also announced the promotion of Louis Springer to Vice President of Finance, recognizing his contributions to cost-cutting initiatives and organizational change over the past 18 months. This dual appointment strengthens Wrap's financial leadership team as the company focuses on scaling operations and maximizing commercial opportunities in the public safety technology sector.