- Pressure on agencies to adopt response-to-resistance alternatives has intensified, widening demand for tools that can control situations without injury or pain rather than provoke confrontations.
- Wrap has built its business around a Non-Lethal Response(TM) platform that converges remote restraint, training, and evidence management, spanning the BolaWrap(R) 150, Wrap Reality(TM), Wrap Vision(TM), Wrap Tactics(TM), and counter-drone solutions.
- With the July 2026 launch of WrapShield(TM) and an exclusive U.S. and NATO license to Frenel Imaging’s TPiCore(R) thermal-polarimetric sensing, Wrap is adding an AI-enabled detection layer, beginning with counter-UAS.
A Widening Market for Response-to-Resistance Technology
High-profile use-of-force incidents have driven costly litigation, strained community trust, and increased scrutiny of how officers are equipped and trained. That environment has pushed agencies toward tools that create time, distance, and tactical advantage, particularly in encounters involving individuals in mental- or behavioral-health crises and has widened the customer base beyond traditional policing into corrections, campus safety, healthcare, and transportation security. Wrap Technologies (NASDAQ: WRAP) built its business around closing the response-to-resistance gap with technology that reduces injury to everyone involved.
The company describes itself as a global public safety technology provider developing policing solutions for law enforcement and security personnel across the United States, Europe, the Middle East, Africa and Asia Pacific. Its flagship BolaWrap(R) 150 Remote Restraint Device, along with a growing portfolio of training and evidence-management tools, is designed to give officers options that reduce injury to everyone involved.
Independent market research points to growing investment in technologies designed to help law enforcement agencies manage critical incidents more safely and effectively. Fortune Business Insights estimates this segment will expand from approximately $1.94 billion in 2025 to about $3.25 billion by 2034, reflecting a compound annual growth rate of roughly 5.9% as agencies adopt more advanced AI-enabled, autonomous, and drone-supported capabilities. At the same time, MarketsandMarkets projects the global law enforcement software market will grow from about $20.25 billion in 2025 to nearly $33 billion by 2030.
BolaWrap(R) 150 and a Regulatory Milestone
The flagship BolaWrap(R) 150 is a patented, handheld device that discharges a Kevlar(R) tether to help officers gain control of a non-compliant individual from a distance of approximately 10 to 25 feet, pairing a multi-sensory distraction of sight and sound with remote physical restraint. It is not pain-based compliance — it does not shoot, strike, shock, or incapacitate — and is intended to help officers operate pre-escalation on the force continuum. In July 2026, the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives (“ATF”) issued a ruling classifying the BolaWrap(R) 150 as an instrument of restraint rather than a firearm or “any other weapon” under federal law, which the company believes removes regulatory uncertainty, may simplify procurement, and may expand adoption across corrections, healthcare, transportation, education, government, and private security. The BolaWrap(R) is used by over 1,000 agencies across the U.S. and in 60+ countries and is backed by IADLEST-certified training.
A Converged Non-Lethal Response(TM) Portfolio
Beyond the device, Wrap has built an integrated portfolio. Wrap Reality(TM) provides immersive VR training; Wrap Tactics(TM) delivers a policy-aligned digital training and certification system; and Wrap Vision(TM) — an all-new body-worn camera and cloud-based evidence platform built with IONODES and a made-in-America assembly roadmap — captures and manages digital evidence. Adoption increasingly takes the form of agency-wide programs that bundle hardware with recurring, subscription-based training, software, and policy support, including WrapPlus(TM) and managed services. Wrap has also extended its non-lethal principles into counter-unmanned aircraft systems (“C-UAS”) for defense and homeland-security customers, with next-generation solutions such as the 1KC Kinetic Anti-Drone Cassette, the patent-pending MERLIN-Interdictor drone-interdiction payload, and the Wraptor MX(TM) multi-shot platform.
WrapShield(TM) and Frenel’s TPiCore(R) Detection Technology
In July 2026, Wrap launched WrapShield(TM), an autonomous defense and public safety platform intended to serve as an operating layer that connects detection, decision, and response. Its three functions are Detect (advanced multi-modal sensing with AI edge processing), Orchestrate (AI-assisted, human-supervised threat classification and decision support that interoperates with government and third-party command-and-control), and Respond (integration of Wrap’s own and third-party capabilities based on mission requirements and rules of engagement). The initial application is counter-UAS.
The platform’s detection layer is anchored by a strategic investment in Frenel Imaging Ltd., an Israeli advanced-sensing company, and an exclusive U.S. and NATO license to Frenel’s proprietary TPiCore® thermal-polarimetric imaging. Where a conventional thermal camera reads a single dimension of infrared data — intensity — TPiCore(R) is designed to capture the polarization of thermal radiation at the pixel level, supporting reconstruction of an object’s physical characteristics and material composition. Wrap believes this “polarimetric fingerprint” cannot be spoofed, jammed, or turned off and requires no radio-frequency signal to detect — addressing a blind spot in the RF-based detection much of the counter-UAS market relies on. Frenel’s Division of Focal Plane architecture delivers simultaneous polarimetric and thermal data processed in real time on deployable edge hardware across drone, ground, fixed-site, naval, and handheld configurations. Frenel is a 2024 SPIE Prism Award recipient and an NVIDIA Inception Program member, and its technology is already in operational use in Israel. Wrap sees applicability extending well beyond counter-UAS — to defense ISR, autonomous vehicles, maritime domain awareness, border security, and critical-infrastructure protection.
Leadership and Financials
Founded roughly a decade ago, Wrap is led by Founder, Chairman, and CEO Scot Cohen, whose background spans more than two decades in asset management, wealth management, and capital markets, alongside President and Chief Operating Officer Jared Novick, who joined as COO in January 2024 and was promoted to President and COO in March 2025. The company is headquartered in Miami, Florida, with manufacturing operations in Southwestern Virginia. For fiscal year 2025, Wrap reported gross revenue growth of 15% to $5.2 million, driven by strong second-half momentum, and management has set a target of 100% revenue growth for 2026.
As agencies worldwide weigh how to reduce use-of-force incidents while keeping officers and the public safe, companies offering integrated restraint, training and evidence-management solutions are certain to remain part of that conversation. With a portfolio spanning the BolaWrap remote restraint device, the Wrap Reality and Wrap Tactics training platforms, the Wrap Vision evidence-management system, and its emerging counter-UAS programs, Wrap Technologies is positioning itself at the center of that shift toward integrated, non-lethal response.
For more information, visit the company’s website at Wrap.com.
NOTE TO INVESTORS: The latest news and updates relating to WRAP are available in the company’s newsroom at https://ibn.fm/WRAP
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