Wrap Technologies Opens Third Quarter with $1.2 Million in International Orders from Brazil and India

Wrap Technologies (NASDAQ: WRAP) announced it entered the third quarter of 2026 with approximately $1.2 million in international orders from customers in Brazil and India, with the associated revenue expected to be recognized during the quarter. The company said the orders reflect expanding international adoption of its BolaWrap 150 restraint device and were secured before increased customer interest following the recent ATF ruling classifying the product as an instrument of restraint rather than a firearm or “any other weapon.”

Wrap said the combination of repeat international orders, growing global demand and the favorable regulatory change positions the company for a potentially strong second half of 2026. The company reaffirmed its target of approximately 100% year-over-year revenue growth for 2026, citing expanding international deployments, repeat customer activity and a growing commercial pipeline.

The orders from Brazil and India highlight the growing global demand for non-lethal restraint tools. The BolaWrap 150, which deploys a multi-sensory distraction followed by a non-lethal restraint, is designed to reduce the risk of injury to officers, subjects, and the community. Used by over 1,000 agencies across the U.S. and in 60 countries, the device is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST).

The recent ATF ruling classifying the BolaWrap as an instrument of restraint rather than a firearm is a significant regulatory milestone. This classification could ease adoption by law enforcement agencies that previously may have been hesitant due to firearms regulations. The ruling is expected to further accelerate interest in the device, as noted by the company.

Wrap Technologies is a global leader in innovative public safety technologies and non-lethal tools. Its complete public safety portfolio 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. The company’s mission is to provide safer, scalable, and cost-effective technologies for public safety, defense, and critical infrastructure markets.

For more details, the full press release is available at https://ibn.fm/4PKTZ.