Wrap Technologies, Inc. (NASDAQ: WRAP), a provider of non-lethal public safety technologies, announced that Stark Security Inc., a Chicago-based protective services firm, has selected and will deploy the company's Wrap Reality virtual reality training platform across its operations and officer training programs. This deployment expands WRAP's presence in the private security market, with Stark using the immersive platform to train armed and unarmed officers in de-escalation, situational awareness, communication and policy-based decision-making through realistic scenarios.
WRAP said the deployment supports its broader WrapShield platform strategy and reflects growing demand for immersive training solutions in the private security sector. The company added that ATF Ruling 2026-2, which classifies its BolaWrap 150 as an instrument of restraint rather than a firearm or weapon under federal law, could expand access to civilian and private security markets as it continues to broaden adoption of its training and non-lethal response technologies.
The news matters because it signals a potential shift in how private security firms approach officer training and non-lethal response. By adopting Wrap Reality, Stark Security is investing in technology that emphasizes de-escalation and situational awareness, which could reduce the risk of injuries during security incidents. For the broader industry, this deployment may encourage other private security companies to follow suit, especially as federal rulings clarify the legal status of non-lethal devices like the BolaWrap.
Wrap's BolaWrap 150 device, used by over 1,000 agencies across the U.S. and in 60 countries, is designed to provide a non-lethal restraint option that reduces injury risk to officers, subjects and the community. The device incorporates a multi-sensory distraction of sight and sound as a first response, followed by a non-lethal restraint if escalation is required. Its classification as an instrument of restraint under ATF Ruling 2026-2 removes previous legal barriers, potentially opening up larger markets in civilian and private security.
The Wrap Reality training platform is a fully immersive simulator that provides first responders with realistic, interactive scenarios reflecting modern law enforcement challenges. By offering a growing library of real-world situations, it equips officers with skills to navigate high-stakes encounters effectively, leading to safer outcomes. Stark Security's adoption of this platform underscores the increasing importance of technology-driven training in the private sector.
For investors, this deployment demonstrates WRAP's ability to penetrate the private security market, which could diversify its revenue streams beyond traditional law enforcement agencies. The company's complete public safety portfolio also includes the WrapVision body-worn camera system, WrapTactics training programs, and next-generation C-UAS solutions like PAN-DA and the 1KC Kinetic Anti-Drone Cassette. As of the announcement, WRAP's newsroom can be accessed here for further updates.
