Wrap Technologies Highlights Strategic Transformation to Integrated Public Safety Platform

Wrap Technologies (NASDAQ: WRAP) has issued a letter to stockholders detailing its strategic transformation from a single-product company into an integrated public safety technology platform. The company's WrapShield platform aims to integrate threat detection, classification, decision support and proportionate response across law enforcement, border security, critical infrastructure, transportation and defense support. This shift reflects a broader industry move toward artificial intelligence and autonomous systems in public safety.

Key milestones supporting this strategy include a favorable ruling from the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) classifying the BolaWrap 150 as an instrument of restraint rather than a firearm. This classification removes regulatory barriers that could have hindered adoption. Additionally, Wrap's investment in Frenel Imaging Ltd. and exclusive U.S. and NATO commercialization rights for its thermal-polarimetric sensing technology provide advanced sensing capabilities critical for threat detection.

Management cited expanding customer adoption, growing international partnerships, increased bookings and continued investments in technology as positioning the company for long-term growth. The BolaWrap 150 is already used by over 1,000 agencies across the U.S. and in 60 countries, backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST).

The company's complete public safety portfolio now includes the BolaWrap 150, Wrap Reality immersive training platform, WrapVision body-worn camera system, WrapTactics training programs, and next-generation C-UAS solutions like PAN-DA and the 1KC Kinetic Anti-Drone Cassette. WrapVision, powered by IONODES, features streamlined cloud integration and final North American assembly, with a made-in-America roadmap projected for early 2026 to ensure data integrity and eliminate foreign surveillance risks.

Wrap's strategy addresses growing demand for non-lethal tools that create time, distance and tactical advantage in non-criminal calls. The BolaWrap 150 deploys a multi-sensory distraction followed by non-lethal restraint, reducing injury risk. The company's WrapReality VR simulator enhances decision-making under stress for first responders. These technologies position Wrap to capitalize on increasing public safety budgets and global emphasis on de-escalation.

For more details, the full press release is available at https://ibn.fm/tYV2U. Forward-looking statements in this article involve risks and uncertainties as detailed in the company's SEC filings.