Wrap Technologies (NASDAQ: WRAP) is building global momentum for its WrapShield public safety platform, driven by a recent ATF ruling that classifies its BolaWrap 150 as a federally recognized restraint device, a strategic transaction for counter-drone sensing technology, and the rollout of a three-component non-lethal response architecture.
On July 30, 2026, the company announced that ATF Ruling 2026-2, effective July 2, 2026, classified the BolaWrap 150 as an instrument of restraint rather than a firearm or “any other weapon.” This regulatory clarity is expected to remove longstanding procurement barriers across law enforcement, corrections, and government markets, potentially accelerating adoption from extended evaluations to department-wide programs.
In addition, Wrap Technologies completed a strategic transaction with Israeli AI sensing company Frenel Imaging Ltd., securing exclusive U.S. and NATO distribution rights to Division of Focal Plane (DoFP) polarimetric sensing technology. Unlike traditional drone detection that relies on radio-frequency emissions, this technology detects drones by their physical light-scattering signatures, enabling detection even after a drone stops transmitting. The company describes this as the detection layer of its emerging WrapShield platform.
Wrap Technologies is also advancing its three-part Non-Lethal Response architecture: the BolaWrap 150 handheld restraint, the Wraptor MX multi-shot platform (with the first operational prototype and an early-adopter program), and the developing DFR-X drone-deployed restraint. These components are designed to operate under a common framework, expanding the range of situations the platform can address.
The company reported approximately $1.2 million in international orders and reaffirmed a target of roughly 100% year-over-year revenue growth in 2026. For agencies adopting these tools, the success metric remains a tense encounter where everyone—the person in crisis, the officer, and the community—goes home safely.
For more information, visit the company’s newsroom at https://ibn.fm/WRAP. Forward-looking statements in this article involve risks and uncertainties; see the company’s SEC filings for details.
