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 full press release is available at https://ibn.fm/4PKTZ.
The BolaWrap 150 is a non-lethal restraint device that deploys a multi-sensory distraction followed by a restraint to reduce the risk of injury to officers, subjects, and the community. It is used by over 1,000 agencies across the U.S. and in 60 countries, and its training is certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST).
Wrap Technologies also offers a portfolio of public safety solutions, including the Wrap Reality immersive training platform, WrapVision body-worn camera system, and next-generation counter-unmanned aircraft systems (C-UAS) like PAN-DA and the 1KC Kinetic Anti-Drone Cassette. The WrapVision camera, powered by IONODES, boasts streamlined cloud integration and final North American assembly, with a critical made-in-America roadmap projected for early 2026. This track helps ensure data integrity and helps eliminate critical concerns over unauthorized access or foreign surveillance risks.
The recent ATF ruling that classifies the BolaWrap as an instrument of restraint rather than a firearm is a significant regulatory milestone. It removes potential legal barriers for law enforcement agencies considering the device and could accelerate adoption both domestically and internationally. The ruling also distinguishes the BolaWrap from other less-lethal tools that may face stricter regulations.
Wrap Technologies is a global leader in innovative public safety technologies and non-lethal tools. The company's mission is to provide safer, scalable, and cost-effective technologies for public safety, defense, and critical infrastructure markets. With a growing demand for non-lethal tools and techniques, Wrap’s solutions aim to create time, distance and tactical advantage in non-criminal calls, reducing the risk of injury to all parties involved.
Forward-looking statements in the press release involve risks and uncertainties, including those set forth under the heading "Risk Factors" in the company's most recent Annual Report on Form 10-K and other filings with the SEC. The company undertakes no duty to update this information unless required by law. The original release can be viewed at www.newmediawire.com.
