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Wrap Appoints Internationally Recognized Strategic Communications and Technology Expert Braden Frame as Chief Commercial Officer
Globenewswire· 2025-09-25 11:00
MIAMI, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) ("Wrap" or the "Company"), a global leader in public safety and counter-drone technologies, today announced the appointment of Braden Frame as Chief Commercial Officer (CCO) of the Company. This appointment comes as the Company evolves beyond its flagship BolaWrap® device and introduces integrated subscription-based services and counter-unmanned aircraft system (C-UAS) solutions. These advancements are expected to position Wra ...
Wrap Appoints Experienced Law Enforcement Leader Joseph Cameron as CRO to Capture Expanding Growth Opportunities
Globenewswire· 2025-09-24 11:00
Cameron brings decades of experience across policing, officer safety, legislative strategy, and public safety technology solutions, with experience in identifying government requirements, securing funding, and driving revenue growth across the high-value ecosystem of public safety capabilitiesMIAMI, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) ("Wrap" or the "Company"), a global leader in innovative public safety and counter-UAS solutions, today announced the appointment of Jose ...
Wrap and Virginia Governor Glenn Youngkin Confirmed to Celebrate Norton Manufacturing Hub Opening, Powering C-UAS and Pre-Escalation Era Solutions
Globenewswire· 2025-09-18 11:00
Core Insights - The new manufacturing hub in Southwest Virginia aims to enhance Made-in-America production and support counter-unmanned aerial systems (C-UAS) readiness with Wrap's innovative technologies [1][4][7] Economic Impact - The project, supported by the State of Virginia with $4.1 million, is expected to create over 120 new jobs in various sectors including manufacturing, engineering, logistics, and training [2][5] - This initiative is one of the most significant recent economic development projects in Wise County, contributing to the region's technology and industrial growth [2][5] Facility Details - The Norton facility spans 20,000 square feet and is designed to manufacture up to 23,000 BolaWrap 150 devices and over 150,000 cassettes monthly, with potential future capacity to double or triple output [3][8] - The facility will also include dedicated R&D, an innovation and demonstration center, and training spaces for agencies and partners [3][8] Product Focus - The facility will assemble the 1KC kinetic anti-drone cassette, a patent-pending technology aimed at addressing Department of Defense and Department of Homeland Security needs [4][8] - The 1KC technology is designed for wide-area entanglement coverage and modular deployment across various platforms, enhancing multi-drone intercept capabilities [4][8] Strategic Vision - The opening of the Norton facility is a key step in Wrap's long-term growth strategy, focusing on expanding U.S. production, delivering shareholder value, and aligning with federal security priorities [7][8] - The company aims to create a direct pipeline from local talent to national defense innovation, supporting both community development and shareholder interests [5][8]
Wrap Enters U.S. Army xTechCounter Strike C-UAS Competition with Project MERLIN Innovation
Globenewswire· 2025-09-17 11:00
The patent pending Merlin platform and Wide Area Kinetic Anti-Drone Cassette are anticipated to meet or exceed DOD and U.S. Army requirements by providing scalable, low-cost, and rapidly deployable defense against unmanned aerial threats, reinforcing Wrap’s long-term growth strategy in military and allied markets. MIAMI, Sept. 17, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) (“Wrap” or the “Company”), a global leader in innovative public safety and defense solutions, today announced the s ...
Wrap’s BolaWrap® 150 Adopted by City of Pavia, Italy Police as a Safer Alternative to Taser
Globenewswire· 2025-09-12 14:35
Core Viewpoint - The City of Pavia, Italy, has adopted the BolaWrap® device for its police force, emphasizing its safety advantages over Tasers and reflecting a broader trend in law enforcement towards non-lethal alternatives [1][3][7]. Group 1: Adoption and Implementation - Pavia has purchased four BolaWrap devices and is training twelve officers for proper deployment, marking a significant shift away from Taser usage in the region [3][7]. - The decision aligns with a growing trend in Italy where law enforcement agencies are reconsidering the use of Tasers due to safety concerns following recent incidents [3][7]. Group 2: Safety and Effectiveness - The BolaWrap device allows officers to immobilize individuals without causing physical harm, thus reducing the risk of injury compared to Tasers [4][6]. - Unlike pain compliance tools, BolaWrap enables control during the pre-escalation phase, which is crucial for minimizing force and injury [6][10]. Group 3: Market Trends and Company Position - Pavia's adoption of BolaWrap reflects an increasing international demand for safe policing tools, positioning Wrap Technologies as a leader in innovative public safety solutions [8][10]. - The move underscores a trend among law enforcement agencies seeking technologies that enhance safety, reduce liability, and build public trust [7][8]. Group 4: Product Features and Training - The BolaWrap 150 employs a multi-sensory approach to manage non-compliant subjects without resorting to higher-force options, enhancing officer safety and community protection [10]. - Wrap Technologies also offers comprehensive training programs certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST) to ensure effective use of their products [10].
Wrap's BolaWrap® 150 Adopted by City of Pavia, Italy Police as a Safer Alternative to Taser
Globenewswire· 2025-09-12 14:35
Core Viewpoint - The City of Pavia, Italy, has adopted the BolaWrap® device from Wrap Technologies for its police force, moving away from Taser usage due to safety concerns [1][3][7] Company Overview - Wrap Technologies, Inc. is a global leader in innovative public safety solutions, focusing on non-lethal tools designed to enhance safety during law enforcement encounters [9][10] - The BolaWrap® 150 is a patented device that allows officers to immobilize individuals without causing physical harm, emphasizing pre-escalation tactics [4][10] Adoption and Training - Pavia has purchased four BolaWrap devices, with twelve officers currently in training for proper deployment [3] - The adoption of BolaWrap follows the decommissioning of Pavia's Taser program in 2024, reflecting a shift towards safer policing methods [7] Industry Trends - The decision by Pavia aligns with a broader trend among law enforcement agencies in Italy and internationally to seek innovative technologies that reduce injuries and enhance public trust [7][8] - The growing demand for safe and effective policing tools is evident as agencies look for alternatives to traditional force methods [8] Product Features - The BolaWrap device operates without pain compliance, allowing officers to manage non-compliant subjects effectively while minimizing injury risks [6][10] - Wrap Technologies also offers additional training and technology solutions, such as Wrap Reality™ VR for immersive training and WrapVision for evidence management [11][12] Market Position - The adoption of BolaWrap by Pavia signifies Wrap's expanding international presence, particularly in Europe, Asia, and Latin America, reinforcing its mission to redefine public safety [8]
Wrap Technologies Opens New Virginia Facility to Scale BolaWrap® and C-UAS Drone Solutions; Committed to All-American Made Production
Globenewswire· 2025-09-11 11:00
Core Viewpoint - Wrap Technologies, Inc. has officially opened its new U.S. Manufacturing World Headquarters in Norton, Virginia, marking a strategic investment in the company's future and expanding its production capabilities for public safety solutions [1][6]. Group 1: Facility Overview - The new facility is designed to manufacture up to 23,000 BolaWrap® 150 devices and over 150,000 cassettes per month, with potential future expansion to double or triple this output as demand increases [3][14]. - The Norton facility will create over 120 new jobs in manufacturing, engineering, logistics, and training roles, contributing to local economic growth [5][14]. - The site includes dedicated engineering and R&D areas, as well as a demonstration and training center for agencies and partners to experience Wrap's solutions [5][9]. Group 2: Strategic Importance - Relocating the manufacturing headquarters to Norton is seen as a strategic move to centralize production, enhance supply chain resilience, and expand capacity, ultimately delivering long-term value to customers and shareholders [12]. - The project received support from the State of Virginia, including a $4.1 million investment facilitated by various economic development authorities, highlighting the collaboration between the company and local government [7][8]. Group 3: Product and Innovation - The facility will also support the assembly of Wrap's patent-pending 1KC kinetic anti-drone cassette, extending the BolaWrap® platform into counter-unmanned aerial systems (C-UAS) [14]. - Wrap Technologies aims to fully assemble all products in the U.S., including BolaWrap devices, WrapVision™ cameras, and WrapReality™ VR training systems, reinforcing its commitment to Made-in-America manufacturing [14][19]. Group 4: Community Engagement - Wrap's investment in Wise County builds on partnerships with over 40 agencies across Virginia, demonstrating the company's commitment to public safety and community collaboration [8].
Wrap Technologies and STORM Training Group Partner to Deliver Post-BolaWrap® Arrest & Control Training via WrapTactics™
Globenewswire· 2025-09-05 10:30
Core Viewpoint - Wrap Technologies, Inc. has announced a strategic partnership with STORM Training Group to enhance law enforcement training through a digital and instructor-led subscription ecosystem, aimed at improving officer safety and reducing risks during encounters after the deployment of BolaWrap® [1][3][9]. Partnership Details - The collaboration will integrate STORM's evidence-based defensive tactics training into Wrap's subscription-based digital learning platform, WrapTactics™, allowing law enforcement agencies to access proven techniques that complement BolaWrap® deployment [3][12]. - STORM Training Group has trained officers from over 250 agencies in the Midwest, with a curriculum linked to significant reductions in use-of-force incidents and civil liability costs [5][16]. Training Impact - The partnership aims to provide a dedicated library of defensive tactics modules within WrapTactics™, designed to enhance officers' skills in transitioning to lawful control techniques after BolaWrap® deployment [5][12]. - Notable results from previous studies include a 37% reduction in overall use of force, an 86% reduction in officer strikes, and a 51% reduction in chemical irritant use [6][11]. Benefits of the Partnership - The integration of STORM's content into WrapTactics™ will be available as an upgradeable option, ensuring officers can access training anytime and anywhere [12][14]. - The partnership is expected to lead to a 39% reduction in Taser deployments, a 55% reduction in subject injuries, and a 25% reduction in officer injuries [11][12]. Unified Training Ecosystem - WrapTactics™ will serve as a standalone learning management system, with STORM-powered modules included in WrapReady™ and WrapPlus™ offerings, providing a comprehensive training solution for law enforcement agencies [14][15]. - The partnership aligns with Wrap's mission to reduce harm and improve outcomes through scalable, technology-enabled training that addresses real-world policing challenges [15].
Wrap Unveils Patent Pending Wide Area Kinetic Anti-Drone Cassette for Effective Government C-UAS Operations
Globenewswire· 2025-09-04 13:15
Core Viewpoint - Wrap Technologies, Inc. has announced the launch of the 1KC: Kinetic Anti-Drone Cassette, a new counter-unmanned aerial systems (C-UAS) technology that aims to expand its BolaWrap® platform into the growing global C-UAS market [1][5] Group 1: Product Features and Design - The 1KC cassette utilizes Wrap's patented tether technology and is designed for modular deployment, offering increased effective range and a wide area of effect for aerial entanglement [3][15] - It is intended to integrate with the PAN-DA handheld launcher and MERLIN housing system, allowing for multiple deployment options across various use cases [4][15] - The cassette is designed to be retrofitted to existing BW150 devices, providing users with interchangeable options based on specific use cases [10] Group 2: Strategic Positioning and Market Opportunities - The company aims to leverage its BolaWrap® technology to pursue new market opportunities, particularly in relation to the Department of Defense's Joint Interagency Task Force 401 [5][6] - The 1KC cassette is built to align with the Department of Defense's "detect, identify, decide, defeat" framework, potentially providing a kinetic defeat layer at various operational levels [6][7] Group 3: Potential Applications - Potential applications for the 1KC cassette include base defense nodes and squad-level defenses, offering portable options for protection against surveillance and strike drones [7][8] - The design may also be adaptable for autonomous systems, enabling coordinated counter-swarm effects [8] Group 4: Advantages and Operational Value - Key advantages of the 1KC cassette include a compact design for improved portability, multi-target capability for neutralizing several drones in a single mission, and a high-tensile tether system for rapid deployment [15][9] - The flexibility of the system is expected to underscore its operational and economic value [4]
Wrap Technologies Introduces WrapTactics™: Digital Training Platform Driving BolaWrap® Adoption and Shifting Policing Toward Pre-Escalation Training
Globenewswire· 2025-08-20 13:15
Core Insights - Wrap Technologies, Inc. has launched WrapTactics™, a subscription-based digital learning platform aimed at enhancing officer training and retention of critical skills in policing [1][4][6] - The platform addresses the rapid degradation of police skills due to insufficient training reinforcement, with core defensive tactics deteriorating within two weeks [2][3] - WrapTactics™ is positioned as a growth opportunity for the company, potentially expanding its market into the multi-billion-dollar global training sector [4][6] Product Features - WrapTactics™ offers short-form, high-impact coursework and scenario-based applications to improve skill retention and application under pressure [3][4] - The initial curriculum includes essential skills that could lead to state-certified training content in pre-escalation policing [4] - The platform is available as a standalone product and as part of bundled subscription offerings, enhancing the integration of training and operational support [5] Strategic Positioning - The launch of WrapTactics™ aligns with Wrap's mission to improve public safety outcomes and reduce harm through scalable, technology-enabled training [6] - By leveraging human performance science, Wrap aims to transform modern policing practices and address fundamental training gaps [6] - The company’s BolaWrap 150 solution complements WrapTactics™ by providing a non-lethal option for law enforcement, enhancing officer readiness during critical incidents [7][8]