Wrap Technologies, Inc. (NASDAQ: WRAP) announced it entered the third quarter of 2026 with approximately $1.2 million in international orders from customers in Brazil and India, with the associated revenue expected to be recognized during the quarter. The company said the orders reflect expanding international adoption of its BolaWrap 150 restraint device and were secured before increased customer interest following a recent ATF ruling classifying the product as an instrument of restraint rather than a firearm or “any other weapon.”
The ATF ruling removes a significant regulatory barrier that previously may have discouraged some international buyers. By classifying the BolaWrap as an instrument of restraint, it is no longer subject to the same export controls as firearms, potentially simplifying sales processes abroad. This change could accelerate adoption in countries with strict firearm regulations.
Wrap Technologies said the combination of repeat international orders, growing global demand and the favorable regulatory change positions the company for a potentially strong second half of 2026. The company reaffirmed its target of approximately 100% year-over-year revenue growth for 2026, citing expanding international deployments, repeat customer activity and a growing commercial pipeline.
The BolaWrap 150 is a non-lethal restraint device that deploys a multi-sensory distraction of sight and sound as a first response, followed by a non-lethal restraint if further escalation is required. It does not shoot, strike, shock, or incapacitate; instead, it helps officers strategically operate pre-escalation on the force continuum, reducing the risk of injury to both officers and subjects. Used by over 1,000 agencies across the U.S. and in 60 countries, the device is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST).
The orders from Brazil and India are significant because they represent two large emerging markets with substantial law enforcement sectors. For Brazil, which has faced challenges with police violence and public safety, the adoption of non-lethal tools could offer a means to reduce injuries during encounters. In India, where policing is often under scrutiny, the BolaWrap may provide a less-lethal option for managing non-compliant subjects.
The company’s complete public safety portfolio also includes the Wrap Reality immersive training platform, WrapVision body-worn camera system, and next-generation C-UAS solutions like PAN-DA and the 1KC Kinetic Anti-Drone Cassette. WrapVision is powered by IONODES and boasts streamlined cloud integration and final North American assembly, with a critical made-in-America roadmap projected for early 2026. This track helps ensure data integrity and helps eliminate critical concerns over unauthorized access or foreign surveillance risks.
For investors tracking WRAP, the company’s newsroom is available at https://ibn.fm/WRAP. The full press release can be viewed at https://ibn.fm/4PKTZ.
The implications of this announcement are twofold. First, the international orders signal that Wrap’s technology is gaining traction beyond the United States, which could open up new revenue streams. Second, the ATF ruling removes a major hurdle, potentially allowing faster growth in markets that were previously hesitant. If the company achieves its 100% year-over-year revenue growth target, it would represent a significant milestone for a firm that has been working to establish its non-lethal devices as a standard tool for law enforcement worldwide.
