Core Insights - Wrap Technologies, Inc. is launching a research and development initiative to adapt its BolaWrap® 150 technology for the counter-unmanned aircraft systems (C-UAS) market, introducing the Wrap-Merlin 1, a modular drone-mounted payload designed to neutralize hostile drones mid-flight without high costs associated with missiles or single-use interceptors [3][10]. Product Development - Wrap-Merlin 1 can mount one to six BolaWrap® 150 cassettes on an FPV drone platform, featuring a remote deployment mechanism and first-person-view targeting system, allowing for effective engagement of hostile drones [4][6]. - The product is designed for rapid deployment and reloading, providing a cost-effective alternative to traditional counter-drone solutions [5][7]. Market Integration - Wrap-Merlin 1 is engineered for integration with Department of Defense (DoD) Blue UAS-approved platforms, allied drone systems, and commercial security operations, supporting NATO-aligned and commercial FPV drone platforms [5][6]. - The open-architecture design allows for quick customization and mission-specific configurations, addressing urgent operational needs for domestic agencies and forward-deployed forces [6][9]. Market Opportunity - The global counter-UAS market is projected to grow from $1.9 billion in 2023 to over $6.8 billion by 2030, driven by increasing drone incursions over military and critical infrastructure sites [10]. - By adapting its existing technology for aerial applications, Wrap has the potential for a cost-efficient entry into the defense sector, which is experiencing strong funding momentum from the U.S. Department of Defense and allied governments [10][11]. Development and Testing - Wrap-Merlin 1 is currently undergoing development testing in both C-UAS environments and live battlefield settings to refine its performance and ensure interoperability across platforms [8][9].