Wrap Technologies (NASDAQ: WRAP) announced it has entered the third quarter of 2026 with approximately $1.2 million in international orders from customers in Brazil and India. The revenue from these orders is expected to be recognized during the quarter, according to a press release issued by the company. The orders reflect expanding international adoption of the BolaWrap 150 restraint device and were secured before increased customer interest following a recent ruling by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) that classified the product as an instrument of restraint rather than a firearm or “any other weapon.”
The company stated that the combination of repeat international orders, growing global demand, and the favorable regulatory change positions it for a potentially strong second half of 2026. Wrap Technologies reaffirmed its target of approximately 100% year-over-year revenue growth for the full year, citing expanding international deployments, repeat customer activity, and a growing commercial pipeline. The company’s BolaWrap 150 device is a non-lethal restraint tool that deploys a multi-sensory distraction followed by a restraint cord, intended to give officers time and distance in non-criminal calls.
The ATF ruling, which reclassifies the BolaWrap as an instrument of restraint rather than a weapon, is a significant regulatory shift that could remove barriers to adoption by law enforcement agencies concerned about legal and procurement hurdles. This classification may also affect how the device is regulated for export and domestic use. The orders from Brazil and India, two large and populous nations, signal growing international interest in non-lethal restraint technologies as alternatives to firearms.
The BolaWrap is used by over 1,000 agencies across the United States and in 60 countries. The device is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST). Wrap Technologies’ broader product portfolio includes the Wrap Reality immersive training platform, the WrapVision body-worn camera system, and counter-unmanned aircraft system solutions like PAN-DA and the 1KC Kinetic Anti-Drone Cassette. The company emphasizes that its technologies are designed to reduce the risk of injury to officers, subjects, and communities.
The implications of this announcement are multi-fold. For the public safety industry, the ATF ruling could accelerate adoption of non-lethal tools as law enforcement agencies seek to de-escalate incidents and reduce use-of-force incidents. For Wrap Technologies, the international orders and regulatory clarity may drive revenue growth and expand its global footprint. Investors may view the company’s reaffirmed growth target as a sign of confidence, but the company also cautions that forward-looking statements involve risks and uncertainties, as detailed in its filings with the Securities and Exchange Commission. The full press release is available at https://ibn.fm/4PKTZ.
