Wrap Technologies Inc. (NASDAQ: WRAP) is building global momentum as it expands the WrapShield Public Safety Platform, entering the third quarter of 2026 with continued adoption of its Non-Lethal Response system across public safety agencies, according to the company. The firm reported approximately $1.2 million in international orders and reaffirmed a target of roughly 100% year-over-year revenue growth in 2026.
A key development driving this growth is regulatory clarity from the Bureau of Alcohol, Tobacco, Firearms and Explosives. 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 classification may remove longstanding procurement barriers across law enforcement, corrections, and government markets, helping agencies move from extended evaluation toward department-wide programs.
Wrap Technologies also announced 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.
The company is positioning a three-component Non-Lethal Response architecture around a common operating framework. With the first operational Wraptor MX prototype and an early-adopter program, the system includes the BolaWrap 150 handheld restraint, the Wraptor MX multi-shot platform, and the developing DFR-X drone-deployed restraint. For agencies adopting these tools, the single measure of success is a tense encounter that ends with everyone going home safely—the person in crisis, the officer responding, and the community watching.
Wrap Technologies is expanding the range of situations its platform is built to address, with the new counter-drone capability adding a detection layer to its public safety offerings. The latest news and updates relating to WRAP are available in the company’s newsroom at https://ibn.fm/WRAP.
This article was produced by IBN Editorial Staff and is intended for informational purposes only. It is not investment advice and should not be relied upon as the basis for any investment decision. Statements attributed to Wrap Technologies Inc. or its management, including any forward-looking statements regarding revenue growth, product development, or market opportunities, reflect the company’s views and are subject to risks and uncertainties; actual results may differ materially. Readers should conduct their own due diligence and consult a qualified professional. Additional company information is available at wrap.com.
