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Loveland Police Department Expands to Department-Wide Deployment of BolaWrap® 150 as Part of Comprehensive Non-Lethal Response Strategy for All Sworn Officers
Globenewswire· 2026-02-13 12:30
Core Viewpoint - Wrap Technologies, Inc. has achieved a significant milestone by fully deploying its BolaWrap 150 device across the Loveland Police Department, transitioning to a standardized Non-Lethal Response program aimed at enhancing officer safety and community protection [1][2]. Group 1: Deployment and Integration - The deployment of BolaWrap 150 marks a shift from limited, role-based use to a comprehensive Non-Lethal Response program, ensuring all sworn officers have access to the device [2]. - Loveland Police Department has reported successful real-world applications of BolaWrap, stabilizing high-risk situations and reducing injury risks for both officers and community members [3]. - The BolaWrap device serves as an additional option between verbal commands and higher-force alternatives, promoting earlier intervention without resorting to pain compliance or higher-force methods [4]. Group 2: Training and Support - Wrap Technologies continues to support the Loveland Police Department with scenario-based training and ongoing program guidance to ensure effective deployment and operational best practices [5]. - The Customer Success team at Wrap collaborates with agencies to integrate device usage into policy, tactics, and training workflows, enhancing the maturity of the Non-Lethal Response program [5][6]. Group 3: Broader Implications - The department-wide rollout of BolaWrap reflects a broader trend among law enforcement agencies towards holistic non-lethal response programs, aiming to reduce risk and improve public trust [6]. - The full deployment of BolaWrap across the department signifies the embedding of Non-Lethal Response into daily operations, rather than limiting its use to specific units or scenarios [6]. Group 4: Product Overview - Wrap Technologies offers a comprehensive public safety portfolio, including the BolaWrap 150, WrapReality™ training platform, and WrapVision™ body-worn camera system, all designed to enhance public safety and operational efficiency [8]. - The BolaWrap 150 is designed to provide law enforcement with a safer choice for managing critical incidents, utilizing a multi-sensory approach to pre-escalation without causing pain [8].
Wrap Technologies Highlights Clinton County Probation Services' Adoption of WrapReality™ to Advance Non-Lethal Response Training in Corrections
Globenewswire· 2026-02-06 12:30
Core Insights - Wrap Technologies, Inc. has successfully implemented its WrapReality™ virtual reality platform in Clinton County Probation Services to enhance decision-making and training for non-lethal response solutions [1][6] Group 1: Implementation and Goals - Clinton County adopted WrapReality to improve realism and decision-making under stress, moving beyond traditional 2D training systems [2][4] - The platform is integrated into a 3,000-square-foot training facility, utilized by probation officers, jail staff, and local law enforcement [4][5] Group 2: Training Features and Benefits - WrapReality offers immersive 360-degree environments and dynamic scenario flows, allowing officers to engage in realistic interactions [3][4] - The system supports various training aspects, including pre-certification exposure, scenario-based training, and after-action reviews [4][5] Group 3: Strategic Value and Broader Implications - Clinton County's experience highlights the importance of realistic training and integrated policy in adopting non-lethal solutions [7] - The use of WrapReality is seen as a way to expand the addressable use cases for non-lethal response solutions beyond traditional environments [7] Group 4: Company Overview - Wrap Technologies is a leader in public safety technologies, offering a range of non-lethal tools and training programs [8][9] - The company's portfolio includes the BolaWrap 150 device, WrapReality™ platform, and WrapVision™ body-worn camera system, aimed at enhancing public safety [9][11]
Wrap Raises $5 Million to Restart Manufacturing
Globenewswire· 2026-02-02 14:25
Core Viewpoint - Wrap Technologies, Inc. is focusing on enhancing its non-lethal response solutions through a $5 million private placement aimed at restarting domestic manufacturing, advancing R&D programs, and accelerating growth initiatives in response to rising demand for non-lethal capabilities [1][9]. Market Opportunity - The company is transitioning from a single-device model to an integrated response platform that combines technology, training, and policy, which is expected to broaden its addressable market across various government and private sectors [2]. Manufacturing Restart and Quality Controls - Wrap is resuming domestic manufacturing with a strong emphasis on quality control, including the return of experienced personnel and the reimplementation of rigorous inspection and testing processes to ensure high reliability [4]. Training Expansion and Operational Readiness - The company is increasing its domestic training capacity through a tiered model that includes lead instructors and hybrid delivery methods, focusing on operational integration and scenario-based readiness for effective deployment of non-lethal tools [5]. Research and Development and Product Commercialization - Recent R&D initiatives are entering final validation stages, with additional capital needed to commercialize next-generation systems and technologies aimed at providing low-collateral, non-lethal options [6]. Federal and International Expansion - Investments are expected to support the growth of Wrap Federal, targeting U.S. government agencies and allied operations that require non-lethal solutions, with a focus on improving outcomes through early intervention [7]. Leadership Commentary - The CEO emphasized the importance of adding resources to accelerate growth in manufacturing, quality control, marketing, and R&D, aiming to bring proven concepts to market while restoring manufacturing excellence [8].
WRAP’s Non-Lethal Response Launches “Arrest-in-Control” Training Unit in Collaboration with STORM Training Group
Globenewswire· 2026-01-26 12:30
Core Insights - Wrap Technologies, Inc. has launched its first Arrest-in-Control (AIC) training unit as part of its subscription-based Learning Management System (LMS), marking a significant expansion of its Non-Lethal Response (NLR) platform [1][3] - The training unit was developed in collaboration with STORM Training Group, focusing on the critical phase following a non-lethal intervention to enhance policing practices [2][6] - The initial release includes five classes that cover essential skills such as handcuffing techniques and officer positioning, designed to improve operational performance and skill retention [3][4] Training and Development - The WrapTactics™ LMS supports a hybrid training model, allowing law enforcement agencies to access training materials anytime, which is particularly beneficial for departments facing staffing and budget constraints [4][5] - Future training modules are planned to advance from foundational skills to more specialized training, promoting continuous professional development for public safety personnel [5][7] - STORM Training Group's expertise in defensive tactics and real-world operational insights enhances the quality of training provided through WrapTactics, aligning with Wrap's mission to improve officer readiness [6][10] Product Overview - Wrap's BolaWrap® device is designed to provide a non-lethal response option that enhances decision-making and reduces reliance on higher-force options, thereby promoting safer interventions [8][12] - The BolaWrap 150 is utilized by over 1,000 agencies in the U.S. and 60 countries, emphasizing its role in pre-escalation strategies to manage non-compliant subjects effectively [12] - Wrap's comprehensive public safety portfolio includes various innovative technologies aimed at addressing modern public safety challenges, reinforcing the company's commitment to providing effective solutions [11][12]
Non-Lethal Response Readiness: Warren County Trains Through High-Repetition Virtual Reality From Day One
Globenewswire· 2026-01-21 12:30
Core Insights - Wrap Technologies, Inc. has announced the deployment of its WRAP Reality™ immersive virtual reality training system by the Warren County Sheriff's Office, marking a significant step in enhancing non-lethal response training for law enforcement [1][6] Group 1: Training Implementation - The Warren County Sheriff's Office has integrated WRAP Reality into the entire training lifecycle, from onboarding to field training, establishing it as a primary environment for officers to practice decision-making and skills [2][3] - Recruits begin their training in virtual reality on day one, allowing them to learn threat perception, communication, and decision-making under stress before engaging in live scenarios [3][4] Group 2: Training Benefits - The immersive virtual reality training is viewed as a non-lethal equivalent to dry fire in firearms training, enabling officers to rehearse critical skills without the risk of real-world injury [3][5] - WRAP Reality™ allows for repeated practice of non-lethal fundamentals in a controlled environment, reinforcing lawful responses and helping officers act before encounters escalate [4][7] Group 3: Expansion and Investment - The Warren County Sheriff's Office is extending its virtual reality training program to neighboring departments, aiming to enhance non-lethal training across the region [6] - A new training facility, costing $3.7 million, is being developed to integrate virtual and physical training environments, further supporting decision-making and timing in live scenarios [6] Group 4: Company Overview - Wrap Technologies, Inc. is recognized as a leader in public safety technologies, offering a range of non-lethal tools and training solutions designed to improve law enforcement outcomes [8][10] - The company's product portfolio includes the BolaWrap 150 device, WrapReality™ training platform, and WrapVision™ body-worn camera system, all aimed at enhancing safety and operational efficiency for law enforcement [10][12]
Glenwood Springs Police Department Strengthens Non-Lethal Response Through Structured Training and Policy
Globenewswire· 2026-01-12 12:30
Core Viewpoint - Wrap Technologies, Inc. is advancing non-lethal response capabilities in law enforcement through the deployment of the BolaWrap 150 device, aimed at safely resolving encounters before escalation occurs [1][4]. Group 1: Non-Lethal Response Program - The Glenwood Springs Police Department has integrated the BolaWrap 150 into its non-lethal response program, focusing on training, policy integration, and sustained deployment [1][3]. - Chief Joseph Deras emphasized the need for tools that provide options before resorting to impact weapons or lethal force, highlighting the BolaWrap's alignment with community expectations [3][5]. - Early deployments of the BolaWrap have shown operational value, particularly in managing mental health crises and non-compliant subjects, reinforcing the department's investment in advanced training [4][6]. Group 2: Training and Implementation - The Glenwood Springs Police Department is moving towards more frequent, structured training for officers, emphasizing the importance of realistic scenario-based exercises to build confidence and decision-making consistency [6]. - The department's approach includes integrating BolaWrap training with force-on-force and simulation environments to enhance officer preparedness [6][7]. - Chief Deras believes that structured non-lethal response programs are essential for the future of policing, advocating for safe custody methods without immediate escalation of force [7]. Group 3: Product Overview and Market Position - Wrap Technologies offers a comprehensive public safety portfolio, including the BolaWrap 150, which is designed to provide a non-lethal option that expands the pre-escalation window for law enforcement [10]. - The BolaWrap 150 deploys a multi-sensory cognitive disruption to manage non-compliant subjects without pain compliance or higher-force options, reducing injury risks for both officers and subjects [10]. - The device is currently used by over 1,000 agencies across the U.S. and in 60 countries, supported by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST) [10].
Texas Border Agency Selects New Non-Lethal Response Subscription to Strengthen Officer and Community Safety
Globenewswire· 2025-11-24 13:20
Core Viewpoint - Wrap Technologies, Inc. has announced that the Rio Grande City Police Department in Texas will implement the BolaWrap® 150 device and the WrapReady™ program to enhance non-lethal response capabilities amid increasing operational pressures along the U.S.–Mexico border [1][4]. Group 1: Agreement Details - The agreement includes full WrapReady onboarding for 12 officers, covering equipment, multi-year support, and instructor-level certification, marking the first deployment in a Texas border community [2]. - The WrapReady program aims to reduce friction in deployment, training, and long-term utilization of the BolaWrap® ecosystem, focusing on safer engagements and continuous development of agency tactics and policy [4][5]. Group 2: Operational Context - Rio Grande City is located in a high-traffic area of the U.S.-Mexico border, where local agencies frequently engage in multi-jurisdictional operations related to narcotics interdiction, human smuggling, and mental health crises, necessitating non-lethal response tools [3]. - The adoption of the WrapReady program reflects a national trend among law enforcement agencies re-evaluating pain-compliance tools and opting for non-lethal options like BolaWrap as first-resort tools in complex encounters [4]. Group 3: Product Overview - Wrap Technologies offers a comprehensive public safety portfolio, including the BolaWrap 150 device, WrapReality™ training platform, and WrapVision™ body-worn camera system, all designed to enhance public safety and operational efficiency [6][7]. - The BolaWrap 150 is a non-pain-based compliance tool that helps officers manage non-compliant subjects without resorting to higher-force options, thereby reducing injury risks [9].
Wrap and K-Form Strengthen Made in America Supply Chain for Wrap's Non-Lethal Response and CUAS Manufacturing
Globenewswire· 2025-11-14 12:45
Core Insights - Wrap Technologies, Inc. has announced a strategic partnership with K-Form Inc. to enhance its supply chain and support scalable production of non-lethal tools and future autonomous platforms [1][2][3] Group 1: Partnership Details - K-Form will provide precision design, prototyping, and production support for Wrap's product ecosystem, including the BolaWrap® 150 and WrapVision body-worn camera system [2][4] - The partnership aims to strengthen Wrap's manufacturing base in the U.S. and expand the capacity of its new manufacturing hub in Southwestern Virginia [3][4] Group 2: Product Offerings - Wrap's product portfolio includes the BolaWrap 150, WrapReality immersive training platform, and WrapVision body-worn camera system, all designed to enhance public safety and defense applications [5][6] - The BolaWrap 150 is a non-lethal device that aids law enforcement in managing non-compliant subjects without resorting to higher-force options, currently used by over 1,000 agencies in the U.S. and 60 countries [6] Group 3: Technological Advancements - WrapReality™ is a VR training simulator that provides first responders with realistic scenarios to improve decision-making under pressure [7][8] - WrapVision is designed for efficiency and security, capturing and managing digital evidence while ensuring compliance with modern law enforcement demands [9][10]
Wrap Reports $2M Gross Revenue in Q3 With Non-Lethal Response Launch
Globenewswire· 2025-11-12 21:05
Core Insights - Wrap Technologies, Inc. reported a significant increase in gross revenue, with a 241% rise to $2.0 million for Q3 2025 compared to $0.6 million in Q3 2024, driven by strong sales of the BolaWrap product and managed services revenue [2][3] - The company is transitioning to a more sustainable, service-oriented model, as indicated by a net revenue of $1.5 million for the quarter, up 151% from the previous year [2][4] Revenue Growth - Total gross revenue for Q3 2025 was $2.0 million, a 241% increase from $0.6 million in Q3 2024, primarily due to stronger BolaWrap product sales and managed services [2] - For the nine months ended September 30, 2025, gross revenue totaled $3.8 million, slightly up from $3.6 million in 2024, while net revenue was $3.3 million compared to $3.6 million in the prior year [2] Recurring Subscription Growth - Recurring subscription sales reached $236,000 in Q3 2025, accounting for approximately 12% of total gross revenue, reflecting the company's shift towards a recurring revenue model [4] Margin Expansion - Gross profit for Q3 2025 increased by 276% to $0.9 million, with gross margin expanding to 59% from 40% due to improved pricing discipline and operational efficiencies [5] Reduced Operating Expenses - Operating expenses for Q3 2025 were $3.6 million, a 6% improvement from $3.9 million in the same period last year, while for the nine months ended September 30, 2025, operating expenses decreased by 11% to $11.5 million [6] Spending on Growth and Innovation - The company has shifted its spending towards growth and innovation, focusing on sales, marketing, and R&D to support future revenue generation [7] Improved Operating Results - Operating loss improved by 24% to $2.8 million for Q3 2025 compared to $3.6 million in Q3 2024, indicating progress towards profitability [8] Recent Highlights - Wrap Technologies has made significant advancements in its product offerings and partnerships, enhancing its position in the public safety technology market [14]