Wrap Technologies(WRAP)
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Wrap Technologies, Inc. to Report Fourth Quarter 2025 and Full Year Financial Results on Thursday, March 26, 2026 at 4:15 p.m. ET
Globenewswire· 2026-03-23 13:20
Core Viewpoint - Wrap Technologies, Inc. will hold a conference call on March 26, 2026, to discuss its financial and operational results for the fourth quarter and full year ended December 31, 2025 [1][2]. Company Overview - Wrap Technologies, Inc. is a global leader in non-lethal response and public safety technology, focusing on innovative solutions to address modern public safety challenges [3]. - The company's product portfolio includes the BolaWrap 150 device, WrapReality™ training platform, WrapVision™ body-worn camera system, and various next-generation C-UAS solutions [4]. Product Highlights - The BolaWrap 150 is designed for pre-escalation in law enforcement, providing a non-pain-based compliance method that enhances officer safety and reduces injury risks [4]. - WrapReality™ is a VR training simulator that offers realistic scenarios for first responders, aiming to improve decision-making under pressure [5]. - WrapVision is a body-worn camera system that enhances evidence management and operational security, with a focus on efficiency and regulatory compliance [6][7]. Upcoming Events - Interested parties can submit questions for the conference call by March 25, 2026, and the earnings press release will be available on the company's website prior to the call [2].
Northern York County Regional Police Becomes First in State to Deploy WrapTactics LMS, Expands BolaWrap Non-Lethal Response Capabilities
Globenewswire· 2026-03-19 11:30
Core Insights - Wrap Technologies, Inc. has announced that the Northern York County Regional Police Department (NYCRPD) is upgrading to the BolaWrap 150 platform and implementing the WrapTactics Learning Management System, marking a significant advancement in non-lethal response technology in Pennsylvania [1][5]. Group 1: BolaWrap 150 Upgrade - The NYCRPD is transitioning from the BolaWrap 100 to the BolaWrap 150, which offers enhanced performance, safety features, and expanded functionality for non-lethal response [3][4]. - This upgrade reflects NYCRPD's commitment to modernizing its non-lethal response toolkit while ensuring continuity in training and deployment protocols [4][5]. Group 2: WrapTactics Learning Management System - NYCRPD will be the first agency in Pennsylvania to deploy WrapTactics, a Learning Management System designed to centralize and standardize ongoing training content for officers [5][6]. - WrapTactics aims to manage certification pathways, reinforce tactical decision-making, and maintain compliance documentation, complementing in-person and VR training programs [6][7]. Group 3: Partnership and Operational Effectiveness - The ongoing adoption of Wrap's products by NYCRPD signifies a durable partnership focused on innovation and operational effectiveness, combining equipment modernization with skills-based readiness [8]. - Wrap believes that integrating advanced non-lethal response solutions with structured training programs positions agencies like NYCRPD for long-term operational success [9][10].
Wrap Introduces Drone-First Non-Lethal Response and Counter-UAS Strategy Through Partnership with Vector
Globenewswire· 2026-03-18 11:30
Core Insights - Wrap Technologies, Inc. has announced a strategic partnership with Vector to enhance drone-enabled non-lethal and counter-UAS technologies for law enforcement and public safety missions [1][3][5] Group 1: Partnership Overview - The partnership combines Wrap's Non-Lethal Response platform and drone technologies with Vector's expertise in tactical hardware and operator training [2][4] - The collaboration aims to develop, integrate, validate, and deploy next-generation drone-enabled solutions for law enforcement and national security [3][5] Group 2: Technology and Development Focus - The companies will work on creating an integrated ecosystem that includes advanced unmanned platforms and non-lethal technologies to improve safety for officers and the public [4][6] - Future developments will focus on enhancing capabilities such as Auto Target Recognition and human oversight in drone operations [4][6] Group 3: Mission Applications and Training - The partnership will explore various mission applications, enhancing operational effectiveness for law enforcement and homeland security [5][6] - Joint demonstrations and operational validation events will be conducted to engage with U.S. federal agencies and law enforcement organizations [5][6] Group 4: Government Affairs and Policy Engagement - The partnership will support coordinated government affairs to promote responsible adoption of drone technologies through appropriate regulatory frameworks [6]
Wrap Secures Canada Drone DFR-X Pre-Order and NLR Inventory Order
Globenewswire· 2026-03-11 13:12
Core Insights - Wrap Technologies, Inc. has announced a significant inventory purchase order from Professional Security Products Corporation (PSP Corp) to expand its Non-Lethal Response (NLR) ecosystem in the Canadian public safety market [1][5] Group 1: Product Offerings - The order includes BolaWrap devices, WrapVision™ body-worn camera systems, and a pre-order for the DFR-X drone platform, aimed at meeting the increasing demand for non-lethal solutions among Canadian law enforcement [2][5] - Wrap's NLR ecosystem is designed to provide law enforcement with tools and training to safely resolve encounters while minimizing the need for higher levels of force [2][6] Group 2: Distribution and Inventory Strategy - PSP Corp will maintain local inventory in Canada to enhance product availability for agencies, thereby accelerating procurement timelines and facilitating product demonstrations [3][6] - The established distribution network of PSP Corp allows for better access to operational equipment and technology solutions for public safety organizations across Canada [5] Group 3: Market Trends and Demand - There is a growing interest in aerial deployment solutions as agencies look to integrate drone technology into de-escalation strategies and remote response capabilities [4][6] - Global demand for non-lethal response technologies is expanding as agencies seek effective tools that prioritize safety and operational flexibility [5][6] Group 4: Company Background and Vision - Wrap Technologies is focused on international growth opportunities, aiming to enhance officer safety and reduce use-of-force incidents through its innovative technologies [6] - The company’s complete public safety portfolio includes various non-lethal tools and training programs designed to address modern public safety challenges [8][10]
Wrap Initiates Master Trainer Instructor Program at WOFT with Storm Training Group to Expand Non-Lethal Response and Drone-to-Human Intervention Training
Globenewswire· 2026-03-10 11:30
Core Insights - Wrap Technologies, Inc. has launched a Master Trainer Instructor Program in partnership with Storm Training Group to enhance law enforcement training in Non-Lethal Response technologies [1][4][6] Group 1: Program Details - The Master Trainer program aims to expand instructor capacity and provide law enforcement agencies in Florida and the Southeast U.S. with access to Wrap's Non-Lethal Response training and technology platform [4][6] - The first training session is scheduled for March 13, 2026, focusing on advanced instructor certification in Non-Lethal Response doctrine and tactical decision-making [5][9] - The program will create a regional training hub leveraging WOFT's infrastructure and Storm Training Group's expertise, facilitating ongoing training for local, state, and federal agencies [8][12] Group 2: Industry Context - There is a growing interest among public safety agencies in non-lethal intervention technologies and structured training programs to reduce injuries and improve outcomes during police encounters [2][3] - The Non-Lethal Response framework integrates technology, training, and operational doctrine to enhance safety for officers and communities [3][6] - The initiative reflects a broader trend of law enforcement agencies seeking to incorporate non-lethal capabilities into their operational frameworks [6][12] Group 3: Future Training and Development - Future training cycles will expand beyond handheld technologies to include broader operational concepts within Wrap's Non-Lethal Response ecosystem [8][14] - The program is part of Wrap's strategy to develop certified instructor networks and regional training hubs, supporting long-term adoption of Non-Lethal Response capabilities [14]
Panama Partner Issues Purchase Order for DFR-X Drone System as Wrap Expands Non-Lethal Response Capabilities in the Region
Globenewswire· 2026-03-05 12:30
Core Viewpoint - Wrap Technologies, Inc. is expanding its presence in Panama through a partnership with Servicios Tácticos de Seguridad S.A., aiming to introduce its non-lethal response technologies and public safety solutions to the region [1][10]. Group 1: Partnership Details - The agreement designates STS as Wrap's exclusive commercial partner in Panama, responsible for representing Wrap's public safety technologies and coordinating product demonstrations [4][6]. - STS will procure Wrap products for distribution within Panama, creating a scalable pathway for the introduction of Wrap's broader non-lethal response technology platform [6]. Group 2: Technology Offerings - Wrap's integrated platform includes the BolaWrap® 150 remote restraint device, DFR-X™ drone-based non-lethal response platform, Merlin-1™ Counter-UAS systems, WrapVision™ body-worn cameras, and WrapReality™ virtual reality training [2][13]. - The technologies are designed to support modern security operations across law enforcement, national security, and critical infrastructure sectors [2][5]. Group 3: Strategic Importance of Panama - Panama is identified as a strategically important market due to its role as a logistics and maritime hub, with increasing demand for integrated public safety solutions [7]. - Security stakeholders in Panama are seeking advanced technology and training to address evolving public safety challenges [7]. Group 4: Implementation Plans - Wrap and STS plan to conduct product demonstrations and operational training sessions for prospective customers, with a preliminary visit to Panama targeted for Q2 [8][9]. - These engagements will showcase Wrap's NLR technologies and immersive training systems to law enforcement and national security officials [9]. Group 5: Global Expansion Strategy - The partnership with STS is a strategic step in Wrap's international growth strategy, enhancing its footprint in Latin America and facilitating the adoption of its non-lethal response technologies [10][11]. - By collaborating with regional integrators, Wrap aims to ensure that agencies receive the necessary training and operational support for successful technology deployment [10].
Wrap and WOFT Establish Drone Test & Non-Lethal Response Training Site in Florida
Globenewswire· 2026-03-02 12:30
Core Insights - Wrap Technologies, Inc. has launched a Florida-based integrated drone testing and non-lethal response training headquarters through a strategic partnership with WOFT, LLC, aimed at addressing military, federal, and civilian interests in non-lethal technologies [1][3][12] Group 1: Facility Overview - The Florida facility will serve as an operational hub for counter-UAS validation, drone-enabled non-lethal deployment testing, and training programs for federal, state, and local agencies [2][4] - The site is designed to integrate engineering validation, operational simulation, and certification-based training into a scalable environment supporting Wrap's drone-enabled non-lethal response ecosystem [4][5] Group 2: Testing and Training Initiatives - The facility will host controlled evaluation programs simulating real-world security environments, which will support product refinement and accelerate agency procurement decisions [5][6] - It will also facilitate structured drone-to-human deployment scenarios to evaluate aerial platforms' effectiveness in dynamic encounters while maintaining lawful authority [6][10] Group 3: Training Programs and Certification - The site is intended to be a recurring training destination for agencies implementing Wrap's non-lethal response doctrine, emphasizing stress-based decision-making and scenario immersion [7][11] - Planned programs include instructor certification courses and scenario-based implementation laboratories to enhance operational readiness [11][12] Group 4: Strategic Partnership and Market Positioning - The partnership designates Wrap as the lead partner for integrated solution determinations, providing exclusivity protections from certain competitors [13][14] - By consolidating training, testing, and validation into one operational environment, Wrap aims to accelerate the adoption of non-lethal and counter-drone technologies [12][16] Group 5: Long-term Vision - Wrap's long-term vision is to establish non-lethal technology as a foundational layer of lawful proactive response, integrating aerial systems and human response doctrine [15][16] - The facility is expected to begin hosting scheduled agency training programs and validation events in Q2 2026, marking a significant step toward unifying various operational capabilities [16]
Wrap Expedites Drone-Based Non-Lethal Technologies; Strengthens Commitment with K-Form, Inc.
Globenewswire· 2026-02-26 12:30
Core Insights - Wrap Technologies, Inc. has signed purchase orders for multiple DFR-X systems, marking a significant milestone in the commercialization of its drone-deployable non-lethal capabilities [2][11] - The expanded partnership with K-Form, Inc. aims to accelerate the development and production of Wrap's drone-based non-lethal systems, including the DFR-X platform [1][4] Development and Production - The collaboration with K-Form is expected to enhance rapid prototyping, engineering refinement, precision manufacturing, and scalable production of the DFR-X systems [2][4] - K-Form will support the accelerated engineering and refinement of the DFR-X payload architecture, maintaining quality standards for public safety and defense [7][10] Technology Integration - The DFR-X platform integrates non-lethal restraint technology with unmanned aerial systems, designed to improve lawful control and officer safety while reducing lethal force outcomes [3][5] - The DFR-X system is positioned to provide law enforcement agencies with additional time, distance, and decision-making advantages during dynamic encounters [5][10] Strategic Positioning - The partnership aligns with Wrap's broader U.S. manufacturing strategy, increasing domestic production capabilities to meet federal and defense customer expectations [10] - The growing number of signed purchase orders for DFR-X systems indicates increasing interest in drone-enabled non-lethal response solutions across public safety and security sectors [11]
Wrap Expands into Indian Market Following Purchase Order for DFR-X Non-Lethal Drone Systems, BolaWrap Devices, and WrapReality Virtual Training Systems
Globenewswire· 2026-02-25 12:30
Core Insights - Wrap Technologies has entered into a strategic distribution agreement with Crystal Works Private Limited, marking its first significant commercial entry into the Indian market for non-lethal response solutions [1][2][4] - The agreement includes a pre-order of Wrap's Non-Lethal Response (NLR) solutions, indicating a growing international demand for comprehensive NLR capabilities that integrate technology, training, and operational doctrine [2][3] - The collaboration aims to establish a foundational presence for Wrap in India's modernizing security ecosystem, leveraging Crystal Works' regional expertise to accelerate the adoption of non-lethal technologies across various sectors [4][5] Market Demand and Product Adoption - Crystal Works' purchase order reflects increased market interest in Wrap's full technology portfolio, supporting non-lethal operational requirements across defense and public safety agencies [3][6] - The DFR-X pre-order demonstrates early market traction for Counter-Unmanned Aerial Systems (C-UAS) and drone-enabled response solutions, validating Wrap's investment in drone capabilities [6][7] - Wrap's C-UAS drone platform extends NLR capabilities into the aerial domain, designed to enhance detection, situational awareness, and non-lethal interdiction options [7] Strategic Expansion and Future Outlook - India serves as a strategic gateway to the broader South Asian market, where modernization initiatives are driving demand for next-generation public safety technologies [5] - The company anticipates that non-lethal response will become a core pillar of public safety strategy globally, as agencies prioritize de-escalation and risk mitigation [5] - Wrap's complete public safety portfolio includes various innovative solutions such as the BolaWrap 150 device and WrapReality™ immersive training platform, aimed at enhancing officer safety and operational effectiveness [10][11]
WRAP Launches “Transitional Control” Training Unit in Collaboration with STORM Training Group
Globenewswire· 2026-02-20 12:30
Core Insights - Wrap Technologies, Inc. has launched its second Arrest-in-Control (AIC) training unit as part of its Non-Lethal Response (NLR) platform, enhancing public safety training capabilities [1][6] - The training curriculum was developed in partnership with STORM Training Group, focusing on structured control and stabilization processes following non-lethal engagement [2][5] - The new five-course package is available through WrapTactics™, a subscription-based digital learning ecosystem aimed at improving operational consistency and retention [3][4] Training and Development - The training modules emphasize close-quarters engagement techniques, including BolaWrap integration, to enhance officer safety during dynamic encounters [3][7] - Wrap's LMS supports a blended training model that allows agencies to adapt to staffing and fiscal challenges while enhancing training effectiveness [4][9] - Additional training units are in development to further integrate non-lethal response principles into public safety training [6] Strategic Partnerships - The collaboration with STORM Training Group leverages their expertise in defensive tactics and performance optimization to improve the quality of training content [5][10] - STORM's methodology is expected to enhance the effectiveness of WrapTactics™ by providing a structured framework for training [5] Product Overview - The BolaWrap® device is designed to provide law enforcement with non-lethal options for early intervention in escalating situations, reducing reliance on higher-force options [7][12] - Wrap's product portfolio includes various innovative technologies aimed at improving public safety, such as the WrapReality™ training platform and WrapVision™ body-worn camera system [11][12]