MIAMI, March 26, 2026 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) (“Wrap” or the “Company”), a global leader in non-lethal response, today announced financial and operating results for the fourth quarter and full year ended December 31, 2025, highlighted by accelerating revenue growth, expanding margins, and improving operating efficiency as the Company targets approximately 100% revenue growth in 2026. Fourth Quarter 2025 Financial Highlights (vs. Q4 2024): Gross revenue increased 62% to $1. ...

Core Insights - Wrap Technologies, Inc. has successfully completed instructor retraining and new instructor certification with the Malta National Police Force, enhancing the integration of its Non-Lethal Response (NLR) solution [1][2][4] Training and Implementation - A two-day training initiative was conducted to reinforce Wrap's NLR solution, focusing on decision-making, defensive tactics, and the integration of BolaWrap within the agency's use-of-force continuum [2][5] - 12 previously certified instructors underwent retraining, while 23 new instructors participated, supporting a decentralized rollout across Malta [4][6] Program Expansion - The Malta National Police Force plans to introduce NLR into its police academy curriculum, with district-level deployment expected to begin soon [6][7] - Each district will receive two BolaWrap devices, with certified instructors responsible for local training [7][10] Strategic Value and Confidence - The Malta National Police Force has shown strong institutional buy-in and operational confidence in BolaWrap as a preferred non-lethal response solution [11] - Command staff and instructors expressed confidence in the program's success, emphasizing the value of BolaWrap as a non-lethal alternative [9][11] Growth Opportunities - The agency is exploring additional opportunities for expansion, including more devices, holsters, batteries, and cassettes to support sustained field use [10] - A potential Master Instructor or Defensive Tactics Coordinator role is being evaluated to ensure long-term program ownership and advanced instructor certification [10]

Core Insights - Wrap Technologies, Inc. has launched the WrapVision body-worn camera platform powered by the IONODES PERCEPT BC200, designed for public safety and enterprise environments with a focus on compliance and security [1][2][5] Group 1: Product Features and Compliance - The WrapVision platform emphasizes compliance with United States Country of Origin and NDAA standards, aiming to reduce supply-chain and geopolitical risks [2][5] - The PERCEPT BC200 features an open architecture that allows for deployment across various environments while ensuring compatibility with existing systems, supporting scalable adoption [4][8] - The platform is designed to enhance operational security, regulatory compliance, and video quality, capturing high-definition video with a wide-angle field of view [8][12] Group 2: Market Positioning and Strategy - WrapVision is positioned as a competitively priced, compliance-ready alternative to legacy body-worn camera systems, supporting a subscription-driven revenue model [5][6] - The platform integrates with Wrap's broader Non-Lethal Response ecosystem, promoting accountability and transparency during critical incidents [6][9] - The company aims to strengthen its security posture and supply chain resilience by prioritizing U.S. assembly and compliance with public sector trust requirements [5][13] Group 3: Company Overview - Wrap Technologies is recognized as a leader in innovative public safety technologies, offering a comprehensive portfolio that includes non-lethal tools and immersive training platforms [7][9] - The company’s BolaWrap 150 device is designed for pre-escalation in law enforcement, used by over 1,000 agencies across the U.S. and in 60 countries, reinforcing its commitment to public safety [9][11]

Core Insights - Wrap Technologies, Inc. has filed new intellectual property applications for a next-generation, shoulder-mounted non-lethal response platform designed for multi-shot and multi-engagement capabilities, which is expected to enhance public safety technology [1][2][3] Group 1: Product Development - The new platform integrates features such as optional directional sound, high-intensity light, advanced sighting, and selectable engagement modes, aimed at providing non-lethal effects that can distract, disorient, deter, and restrain subjects while prioritizing safety [2][4] - The intellectual property application aims to protect multi-shot platform concepts that extend operational capabilities beyond single engagements, allowing law enforcement to address evolving scenarios with more non-lethal intervention opportunities [4][5] - The technology is designed to operate within constitutional standards and agency policies, complementing officer judgment and lawful control techniques [7] Group 2: Strategic Positioning - The filings are seen as a significant step towards expanding Wrap's technology portfolio, demonstrating ongoing research and development momentum, and positioning the company for future product announcements [3][8] - The modular architecture of the platform allows agencies to scale capabilities over time from a common platform, aligning technology adoption with operational requirements and community expectations [5][6] - Wrap anticipates that products derived from these filings could begin entering the market in 2026, reinforcing the company's long-term product roadmap and strategic growth objectives [8]

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]

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]

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]

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]

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]

Core Insights - Wrap Technologies, Inc. has announced a two-year partnership with the Le Sueur Police Department in Minnesota to deploy BolaWrap® 150 devices and WrapTactics™ training, focusing on safety and operational outcomes [1][2][5] Group 1: Partnership Details - The Le Sueur Police Department will fully deploy BolaWrap® 150 devices and WrapTactics™, supported by a subscription-based training platform and a structured research initiative [2][4] - The partnership aims to provide measurable insights into reducing risks to officers, improving community safety, and enhancing agency performance [2][5] Group 2: Community Engagement - Le Sueur, a city with over 4,000 residents, is known for its community engagement and collaboration, making it a suitable partner for this initiative [3] - The police department's commitment to proactive community policing and officer safety is highlighted by their investment in BolaWrap® 150 devices and training [4] Group 3: Company Strategy and Technology - The collaboration reflects a growing recognition among law enforcement agencies of the need for innovative, data-driven tools in modern policing [5][8] - Wrap Technologies aims to build a robust foundation of evidence to demonstrate the effectiveness of BolaWrap® and WrapTactics™ in reducing risks and improving community relations [5][8] Group 4: Product Overview - The BolaWrap® 150 is designed to provide a non-lethal pre-escalation option for law enforcement, helping officers manage non-compliant subjects without resorting to higher-force options [7] - The device is used by over 1,000 agencies across the U.S. and in 60 countries, emphasizing its widespread acceptance and potential impact on public safety [7]