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]

Key Financing Highlights: Accelerates Counter-UAS Fielding: Proceeds are expected to advance Wrap’s recently announced Wrap-Merlin and Wrap-PANDA programs, which repurpose existing BolaWrap® 150 inventory into new counter-drone capabilities, enabling rapid progression from development to field application.Dual-Use Pathway: Supports both Wrap’s continued law enforcement go-to-market strategy and near-term commercial wins in federal sales, where counter-UAS demand is accelerating. Wrap believes this “dual use ...

Core Viewpoint - Wrap Technologies, Inc. has launched Project PAN-DA, a handheld counter-drone system derived from its BolaWrap® 150 platform, aimed at addressing the growing global counter-unmanned aircraft systems (C-UAS) market, projected to reach $6.8 billion by 2030 [1][6]. Company Overview - Wrap Technologies is a leader in innovative public safety technology, focusing on non-lethal tools and solutions for law enforcement and public safety organizations [14]. - The company has a proven track record with its BolaWrap® 150 device, which is used by over 1,000 law enforcement agencies worldwide [15]. Product Development - Project PAN-DA is designed to engage and disable small unmanned aerial systems (sUAS) at close range, providing a cost-effective and reusable alternative to traditional missile interceptors and electronic jamming systems [3][4]. - The system utilizes Wrap's patented tether-and-anchor technology, allowing for multiple engagements per unit, enhancing operational efficiency [3][4]. Market Context - The global counter-drone market is expected to grow from $1.9 billion in 2023 to over $6.8 billion by 2030, driven by the increasing use of small UAS in criminal and military activities [6]. - PAN-DA is positioned as a last-line kinetic defense option that complements existing detection and electronic countermeasure systems [6]. Research and Development - Following the successful proof of concept for Phase One, Wrap's engineering teams will focus on enhancing the system's range, area-of-effect, and cost-effectiveness to adapt to evolving drone threats [8].

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].

Core Insights - Wrap Technologies, Inc. has launched WrapVision, a next-generation body-worn camera platform designed for law enforcement, public safety, and healthcare professionals, emphasizing compliance with the Trade Agreements Act and North American manufacturing [1][2][13] Product Features - WrapVision features a 6000 mAh battery providing up to 12 hours of operation, a 180° x 180° distortion-free lens, an 8MP high-resolution sensor, and integrated LTE, Wi-Fi, Bluetooth, and VPN for secure live streaming [4] - The platform is compatible with major video management systems like Genetec and Milestone, promoting flexibility and avoiding proprietary ecosystem lock-in [3][4] Strategic Positioning - The launch of WrapVision aligns with the increasing focus on officer safety, community trust, and data security, positioning the company as a reliable partner for U.S. agencies [2][5] - The product aims to address a growing, regulation-driven market segment with high demand for trusted, domestic solutions, supporting Wrap's multi-channel, subscription-driven revenue strategy [8] Data Governance and Security - WrapVision's North American manufacturing and TAA compliance are critical for safeguarding mission-critical data, ensuring adherence to stringent federal sourcing standards [6] - The company offers secure North American exclusive data centers to protect sensitive public safety video and evidence from unauthorized access and cyber threats [7] Cost Efficiency - WrapVision is competitively priced, expected to deliver cost savings over other body-worn camera platforms, and is ready for immediate deployment [8]

Core Viewpoint - The recent Supreme Court ruling in Barnes v. Felix is expected to significantly alter the evaluation of use-of-force incidents under federal civil rights law, expanding officer accountability to include actions taken during the pre-escalation period [4][6]. Company Overview - Wrap Technologies, Inc. is a leader in innovative public safety technologies, focusing on non-lethal tools designed to enhance law enforcement effectiveness while reducing liability [13][14]. - The company's flagship product, the BolaWrap 150, is a non-lethal device that allows officers to restrain individuals from a distance, aiming to prevent escalation before it occurs [14]. Legal and Industry Context - The evolving legal landscape, influenced by new rulings and public expectations, necessitates that law enforcement agencies adopt pre-escalation tools and training to mitigate litigation risks [2][6]. - The Supreme Court's decision emphasizes the importance of exhausting de-escalation tactics before resorting to force, particularly in situations involving individuals with mental health crises [6]. Product Positioning - The BolaWrap 150 is positioned as a primary tool for "Pre-Escalation" policing, offering a safer alternative that can be deployed at the earliest stages of non-compliance [7][9]. - The company has filed for trademarks on "Pre-Escalation" and "WrapWindow," defining new phases in the use-of-force continuum that highlight the importance of early intervention [8]. Strategic Initiatives - Wrap Technologies is prepared to scale its operations and enhance its offerings, including WrapPlus, WrapTactics training, and WrapReady, to meet the demands of modern law enforcement [11]. - The company aims to lead the market by aligning its products with the evolving legal landscape and expanding access through flexible pricing and deployment strategies [11]. Training and Technology - Wrap Reality™ VR is a training simulator designed to improve decision-making under pressure, providing realistic scenarios for law enforcement officers [15]. - The Intrensic system is an advanced body-worn camera and evidence management solution that enhances operational efficiency and courtroom credibility [16].

Core Insights - Wrap Technologies, Inc. reported financial and operational results for Q1 2025, highlighting significant improvements in cash reserves, margins, and operating loss [1][2][6]. Financial Results - Cash increased to $6.2 million, up from $3.6 million in Q1 2024 [6]. - Margins improved by over 21 points, rising from 56.6% in Q1 2024 to 77.8% in Q1 2025, with the cost of revenue decreasing by 73.4%, from $640 thousand to $170 thousand [6]. - Q1 2025 revenue was $765 thousand, while net income was $109 thousand compared to $117 thousand in Q1 2024 [6]. Operational Highlights - The company is preparing to launch a revamped training and learning management system [6]. - Customer reports indicate increased deployments of the BolaWrap solution, particularly in departments with Crisis Intervention Teams responding to mental health crises [6]. - The company completed the acquisition of W1 Global, LLC, enhancing its capabilities in managed services and consulting [6]. - Leadership was expanded with the addition of former FBI executives to strengthen support offerings and international growth strategies [6].

Core Points - Wrap Technologies, Inc. plans to hold a conference call on May 16, 2025, to discuss its financial and operational results for Q1 2025 [1][2] - The earnings press release will be available on the company's website prior to the call [2] - Wrap Technologies is recognized as a global leader in public safety solutions, integrating advanced technology with skilled personnel to tackle modern public safety challenges [3] Financial and Operational Results - The financial results for the three months ended March 31, 2025, will be discussed during the conference call [1] - Interested parties can submit questions related to the company's strategic direction and execution before the call [2] Product Offerings - The BolaWrap® solution is designed to safely restrain individuals from a distance, reducing the risk of injury and allowing officers to manage non-compliant situations effectively [4] - Wrap Reality™ VR is a training simulator that enhances decision-making for first responders through realistic scenarios [5] - The Intrensic solution is a body-worn camera and evidence management system that ensures the integrity and compliance of digital evidence [6]