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Wrap and LETAC USA Announce Innovative Partnership to Help Define Global Standards for Non-Lethal Machine-to-Man Policy and Tactics
Globenewswire· 2025-11-06 14:00
Core Insights - The partnership between Wrap Technologies and LETAC aims to establish a Non-Lethal Response: Machine-to-Man Policy Framework to enhance public safety through non-lethal drone systems [1][2][3] - This collaboration seeks to create a unified policy foundation for the ethical and safe deployment of autonomous systems in various high-stress environments, including policing and healthcare [2][4] Company Overview - Wrap Technologies is recognized as a leader in non-lethal public safety technology, providing innovative solutions to address modern public safety challenges [6] - The company's product portfolio includes the BolaWrap 150 device, WrapReality™ training platform, WrapVision™ body-worn camera system, and CUAS solutions, all designed to enhance safety and operational efficiency [7][10] Partnership Objectives - The partnership will develop a comprehensive Non-Lethal Policy Framework that defines system roles, autonomy levels, and operator accountability [8] - Deliverables will include sector-specific policy templates and tactical SOPs for law enforcement, education, healthcare, and private security [8] Training and Technology Integration - Wrap's training programs, including the immersive Wrap Reality™ VR simulator, aim to improve decision-making under pressure for first responders [10] - The WrapVision camera system is designed for efficiency and security, ensuring compliance and enhancing the quality of digital evidence management [11][12]
Wrap and Vector Achieve Air-to-Air Interdiction Using BolaWrap® Entanglement Technology, Ushering New Era of CUAS Defense for Military, Homeland Security, and Public Safety Partners
Globenewswire· 2025-11-05 14:00
Core Insights - Wrap Technologies, Inc. has achieved a significant milestone with the first known air-to-air interdiction using its patented BolaWrap® entanglement system, marking a new paradigm in non-lethal defense capabilities [1][4][5] Company Developments - The test was conducted in collaboration with Vector on the Vector Hammer drone platform, successfully neutralizing a moving aerial target mid-flight with the MERLIN-Interdictor payload [2][5] - The results indicate a shift towards a platform-agnostic, non-lethal response layer that can be deployed in various environments without causing collateral damage [4][5] - Wrap is advancing its production readiness from its Virginia facility to support future commercialization paths for counter-UAS and non-lethal defense programs globally [10] Industry Impact - The successful test demonstrates the adaptability of the MERLIN payload to existing drone platforms, suggesting rapid deployment potential across commercial and government sectors [7][9] - The achievement aligns with global demand for cost-effective counter-UAS solutions, particularly against low-cost drone threats where traditional systems may be prohibitively expensive [8] - The collaboration with Vector signifies a breakthrough in non-lethal counter-UAS capabilities, potentially redefining CUAS-as-a-service in both domestic defense and battlefield operations [9]
Wrap’s Non-Lethal Instructor Course Recertified by IADLEST, Strengthening Certified Training for Local and Federal Law Enforcement
Globenewswire· 2025-10-31 12:45
Core Insights - Wrap Technologies, Inc. has successfully recertified its BolaWrap® Instructor Course through the IADLEST National Certification Program, reinforcing its commitment to non-lethal public safety solutions [1][2][4] Company Overview - Wrap Technologies is a global leader in innovative non-lethal public safety technologies, focusing on providing cutting-edge solutions to address modern public safety challenges [6][7] Certification Details - The recertification indicates that Wrap's training curriculum meets national standards for police and corrections education, accepted in 37 states, with ongoing legislative efforts in several states to mandate NCP certification [2][3] - The IADLEST National Certification Program was established to create a rigorous national standard for law enforcement training, ensuring that certified courses exceed state POST requirements [3] Training Enhancements - The 2025 recertification includes significant upgrades to the BolaWrap® Instructor Course, emphasizing non-lethal pre-escalation strategies and making training more accessible to public safety professionals [4][8] - The curriculum has been refocused on non-lethal criteria and hands-on control tactics, with a focus on the "when" and "why" of using BolaWrap techniques [8] Product Portfolio - Wrap's public safety portfolio includes the BolaWrap® 150 device, WrapReality™ immersive training platform, WrapVision™ body-worn camera, and WrapTactics™ training programs, all designed to enhance safety and effectiveness in public safety operations [5][7] - The BolaWrap® 150 device is designed to provide a non-pain-based compliance option, expanding the pre-escalation period and reducing the risk of injury during critical incidents [9]
Wrap's Non-Lethal Instructor Course Recertified by IADLEST, Strengthening Certified Training for Local and Federal Law Enforcement
Globenewswire· 2025-10-31 12:45
Core Insights - Wrap Technologies, Inc. has announced the recertification of its BolaWrap® Instructor Course through the IADLEST National Certification Program, indicating compliance with national standards for police and corrections education [1][2][3] Group 1: Certification and Standards - The recertification, originally obtained in 2023, confirms that Wrap's training curriculum meets the national standards established by IADLEST, which is accepted in 37 states [2][3] - The IADLEST National Certification Program was launched in 2015 to create a rigorous national standard for law enforcement training, with courses evaluated by experts to ensure they meet or exceed state POST requirements [3] Group 2: Training Enhancements - The 2025 recertification includes significant upgrades to the BolaWrap® Instructor Course, supporting Wrap's non-lethal pre-escalation strategy and the deployment of the BolaWrap® 150 [4] - The curriculum has been refocused on non-lethal criteria and hands-on control tactics, emphasizing the "when" and "why" of using BolaWrap techniques rather than just device operation [8] Group 3: Product Portfolio - Wrap's public safety portfolio includes the BolaWrap® 150 device, WrapReality™ immersive training platform, WrapVision™ body-worn camera, and WrapTactics™ training programs, all aimed at providing safer and cost-effective technologies for public safety [5][7] - The BolaWrap® 150 is designed to provide law enforcement with a non-pain-based compliance option, helping to manage non-compliant subjects without resorting to higher-force options [9] Group 4: Future Strategy - The company plans to develop additional training modules in collaboration with law enforcement training leaders and evaluate future courses for NCP submission to maintain a credible training portfolio [4]
Wrap and Mithril Defense Achieve Historic First Drone-to-Human Interdiction, Proving Next-Gen Non-Lethal Aerial Response for Public Safety and Defense
Globenewswire· 2025-10-30 11:00
Core Insights - Wrap Technologies, Inc. has successfully conducted live-field testing of its MERLIN-Interdictor, a Drone-First-Responder Interdiction (DFR-X) payload, marking a significant advancement towards full-scale production [1][3][10] - The trial demonstrated a consistent deployment success rate, showcasing the MERLIN-Interdictor's capability to engage armed subjects using non-lethal BolaWrap® technology from an aerial platform [3][4][5] - Pre-orders for the MERLIN-Interdictor DFR-X payload are set to open on November 17, 2025, with comprehensive onboarding packages planned for agencies and technology partners [10] Company Developments - The successful demonstration of the MERLIN-Interdictor is seen as a breakthrough in non-lethal aerial response, particularly in active shooter situations, enhancing the safety of students and staff [6][8][9] - Wrap Technologies aims to transition the MERLIN program from prototype to production, leveraging its Virginia manufacturing headquarters as an integration hub for commercialization in both domestic and international markets [9][10] - The company is focused on expanding its non-lethal tether and cassette systems into adjacent mission domains, including counter-UAS defense and UAS-based public safety operations [9] Industry Impact - The MERLIN-Interdictor represents a new capability for law enforcement and first responders, allowing for faster, safer, and smarter interventions in critical situations [9] - The collaboration with Mithril Defense, which specializes in rapid-response drone-based safety platforms, underscores the importance of innovative technologies in addressing modern public safety challenges [6][8] - Wrap Technologies' commitment to responsible innovation is expected to open new revenue channels and reinforce its leadership in public safety and emerging defense markets [10]
Chairman and CEO Stockholder Letter: Wrap Is Bringing Non-Lethal Back To Public Safety
Globenewswire· 2025-10-29 18:33
Core Insights - Wrap Technologies, Inc. aims to redefine public safety by providing truly non-lethal tools that enhance accountability and community trust [3][8][25] - The company emphasizes the need for a shift from "less-lethal" terminology to a more accurate representation of the risks associated with traditional tools like Tasers and batons [4][5][11] - The BolaWrap 150 has achieved a 92% field success rate with zero deaths, serious injuries, or lawsuits, showcasing its effectiveness as a non-lethal option [13][15] Company Overview - Wrap Technologies is a leader in innovative public safety technologies, focusing on non-lethal tools and integrated systems to address modern law enforcement challenges [26][27] - The company's product portfolio includes the BolaWrap 150, WrapReality™ training platform, WrapVision™ body-worn camera system, and other next-generation solutions [27][28][29] Market Position and Strategy - There is a growing trend among law enforcement agencies to replace traditional Taser programs with BolaWrap 150 deployments due to superior safety outcomes and operational effectiveness [14][15] - Wrap Technologies is expanding its addressable markets by designing modular non-lethal packages and integrated platforms for various sectors, including law enforcement and corporate security [18][19] Future Innovations - The company is exploring the integration of its technologies with unmanned systems, such as drones, to enhance public safety responses [17][20] - Wrap Technologies envisions a future where its non-lethal solutions are widely adopted across various domains, promoting consistent and humane outcomes [19][20]
Institutional Investor and Juggernaut Capital Founder John Shulman Joins Wrap Technologies Board of Directors
Globenewswire· 2025-10-27 13:00
Core Insights - Wrap Technologies, Inc. has expanded its Board of Directors to six members, appointing John D. Shulman as a new member, who is a significant investor and has extensive experience in private equity [1][6][4] - Jerry Ratigan has separated from his roles as Chief Financial Officer and Principal Accounting Officer, with Scot Cohen, the CEO, resuming these positions [2] - The appointment of Shulman is expected to enhance Wrap's strategic vision and drive innovation and market expansion in non-lethal technology [6][7] Company Leadership Changes - John D. Shulman, Founder and Managing Partner of Juggernaut Capital Partners, brings over 25 years of experience in private investments across various sectors [4][5] - Scot Cohen, previously holding the roles of Principal Financial Officer and Principal Accounting Officer, has been reappointed to these positions following Ratigan's departure [2] Strategic Vision and Market Position - Wrap aims to redefine the future of non-lethal technology, focusing on products like the BolaWrap® 150 device and Wrap Reality™ VR training [6][9] - The company is positioned to unlock significant opportunities in public safety and private security markets, responding to the rising demand for safer solutions [7][9] - Wrap's product ecosystem includes innovative tools designed to enhance public safety, such as the BolaWrap® 150, which is used by over 1,000 agencies in the U.S. and 60 countries [9][10]
Wrap Technologies Announces Formation of Wrap Federal to Advance Non-Lethal Tools, UAS, and Counter-UAS Solutions for U.S. Government Agencies
Globenewswire· 2025-10-21 11:30
Core Insights - Wrap Technologies, Inc. has established a wholly owned subsidiary, Wrap Federal, to support U.S. federal government clients, particularly in the Department of Defense and Department of Homeland Security [1][2] - The formation of Wrap Federal is a strategic move to enhance compliance and operational standards necessary for federal contracting [2][3] - Wrap Federal aims to align with Defense Contract Audit Agency standards and support classified contracting, ensuring compliance with accounting and security protocols [3][4] Federal Strategy - Wrap Federal plans to collaborate with established prime contractors to streamline contracting pathways and expedite access to critical programs within federal agencies [4] - The subsidiary is positioned to integrate its systems into existing federal frameworks, aiming to become a fully integrated public safety and defense technology enterprise [4][6] Core Offerings - Wrap Federal will focus on two main technology sectors: non-lethal solutions and counter-Unmanned Aerial Systems (UAS) [5] - The company’s offerings include the BolaWrap 150 device, which is designed to provide a safe alternative for law enforcement, and advanced counter-UAS solutions [8][9] Growth and Compliance - The CEO of Wrap emphasized that the creation of Wrap Federal is a significant expansion of the company's mission to enhance safety in federal and defense sectors [6] - The subsidiary is structured to support DCAA-auditable contracts and classified engagements, reflecting the company's evolution into a comprehensive public safety and defense technology enterprise [6]
Wrap Technologies: Public-Safety Platform With Small Revenue Base (WRAP)
Seeking Alpha· 2025-10-21 11:05
Core Insights - Wrap Technologies, Inc. (NASDAQ: WRAP) is an end-to-end safety company that specializes in non-lethal devices, professional training, and consulting services [1] - The company has expanded its product portfolio to include body cameras, AI-powered evidence management, and immersive VR training, in addition to its BolaWrap restraint tool [1] Company Overview - Wrap Technologies focuses on providing safety solutions through non-lethal devices and related services [1] - The company aims to enhance law enforcement and public safety through innovative technology and training [1] Product Expansion - The introduction of body cameras and AI-powered evidence management signifies a strategic move to diversify its offerings [1] - Immersive VR training is part of the company's commitment to professional training, enhancing the skill set of users in real-world scenarios [1]
Wrap Launches Next-Generation Drone First Responder Interdiction Solution with a Focus on Non-Lethal Response
Globenewswire· 2025-10-17 11:35
Core Insights - Wrap Technologies has introduced the DFR-X™ system, a non-lethal drone first responder interdiction system designed to enhance public safety by transforming standard drones into active intervention tools [1][3][5] - Pre-orders for the DFR-X payload are set to begin on November 17, 2025, with the aim of supporting law enforcement and public safety missions [1][8] Product Features - The DFR-X system extends the capabilities of existing drone platforms by integrating a controlled, non-lethal physical intervention capability using Wrap's BolaWrap technology, allowing drones to deter and disrupt threats [3][4] - The system includes a six-cassette payload and an operator-controlled remote deployment system, enhancing the functionality of drones beyond mere observation [3][4] Testing and Production - Wrap has completed internal Phase II testing of the MERLIN-Interdictor, validating its electrical remote-deployment systems and moving towards production [4] - The Virginia facility will serve as the main hub for production and integration of the MERLIN-Interdictor, positioning the company for a commercial rollout [6] Strategic Goals - The launch of the MERLIN-Interdictor marks a significant milestone for Wrap, aiming to evolve public safety from observation to immediate intervention, potentially saving lives in various scenarios [5][6] - The DFR-X initiative aligns with Wrap's broader strategy to expand its non-lethal tether and cassette systems into new mission areas, including aerial defense and public safety operations [6] Market Positioning - The DFR-X system is designed to provide law enforcement with a proactive tool that improves outcomes for officers and communities, emphasizing safety and responsible use [7] - Wrap's complete public safety portfolio includes various innovative technologies aimed at addressing modern challenges faced by public safety organizations [9][10]