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Wrap Technologies, Inc. Common Stock
As of May 30, 2026 at 24:05 UTC
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About Wrap Technologies, Inc. Common Stock
Wrap Technologies Inc is a public safety technology and services company that delivers safe and effective policing solutions to law enforcement and security personnel. The firm develops policing solutions to law enforcement and security personnel. Its BolaWRAP 150 Remote Restraint device is a patented, hand-held tool that discharges a Kevlar cord to restrain noncompliant individuals from a range of 10-25 feet. The group operates in the Americas, Europe, the Middle East, Africa and the Asia Pacific.
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Latest News
5 articlesWrap Technologies announced development of low-light training expansion for its WrapReality VR platform, creating nighttime versions of 15-20 training scenarios. The company is also developing a handheld directional light accessory and expanding weapon-mounted light support. Additionally, Wrap reported Q1 2026 revenue of $1.1M with 45% growth, $3.2M in bookings, and secured a DHS contract for counter-UAS solutions.
Wrap Technologies reported Q1 2026 revenue of $1.1 million, up 45% year-over-year, with product sales surging 186% driven by increased demand for BolaWrap 150 devices. The company achieved $3.2 million in bookings and improved cash burn by 59%. Management reaffirmed its 100% revenue growth target for 2026, citing strengthened pipeline visibility and expanding international adoption across India, Panama, Brazil, Malta, and the UK. The company is actively pursuing federal market opportunities and developing drone counter-drone solutions.
Wrap Technologies reported Q1 2026 revenue of $1.1M (45% growth) with $3.2M in bookings, driven by 186% growth in product sales. The company secured a Department of Homeland Security purchase order and multiple drone/counter-UAS pre-orders internationally. Operating cash expenses improved 59% year-over-year, and the company maintains its 100% revenue growth target for 2026.
Wrap Technologies (NASDAQ: WRAP) announced its participation in a European law enforcement conference in Italy on May 13-14, 2026, to introduce public safety leaders to its Non-Lethal Response ecosystem, including BolaWrap devices and WrapReality training platform. The event, expected to attract approximately 200 attendees including law enforcement leaders and government officials, aims to showcase WRAP's integrated approach to non-lethal tools, training, and policy. Additionally, the Carolina Beach Police Department has placed a purchase order for BolaWrap devices as part of its non-lethal response strategy.
Wrap Technologies announced that the University of Pittsburgh Medical Center (UPMC) Healthcare System has deployed WrapReality virtual reality training systems across multiple facilities in Pennsylvania. The multi-site enterprise deployment marks Wrap's expansion into the healthcare sector, addressing growing workplace safety challenges and security modernization needs in hospitals. UPMC's 800+ security professionals will use the immersive training platform for scenario-based preparation in crisis intervention, behavioral escalation management, and workplace violence prevention.