Wrap Technologies

What Wrap Technologies does

Wrap Technologies (NASDAQ: WRAP) is a public safety technology company that develops non-lethal response solutions and adjacent hardware-software products for law enforcement, federal agencies, healthcare, and education customers. The company's flagship offering is the BolaWrap 150, a remote restraint device that uses a proprietary Kevlar-based cassette to deploy an entanglement tether at a distance, marketed as a lower-force alternative for situations that would otherwise escalate to higher-force options. The reported field success rate is approximately 92%. Complementary products include WrapReality virtual reality training, WrapVision body-worn cameras, WrapTactics learning management software, the MERLIN-1 counter-UAS system, and the DFR-X drone interdiction payload.

The company monetizes through hardware sales of the BolaWrap 150 and related devices, software subscriptions tied to WrapReality and WrapTactics, and emerging service revenue from counter-drone and federal offerings. Go-to-market combines direct sales to US law enforcement agencies with regional distribution partners internationally (Crystal Works in India, STS in Panama, ABBS in the United Kingdom, PSP in Canada, plus presence in Italy, Malta, and broader Europe) and a dedicated Wrap Federal subsidiary pursuing federal procurement. IADLEST certification supports WrapReality's training positioning.

Reported financials show full-year 2025 revenue of approximately $4.7M (15% YoY growth), trailing twelve-month revenue of approximately $5M at roughly 32% growth, and quarterly YoY growth of 241% in Q3 2025, 62% in Q4 2025, and 45% in Q1 2026. The 2025 net loss was approximately $10.3M, reflecting continued investment in product development, international expansion, and the federal channel buildout funded by multiple capital raises during 2025-2026.

Name

Wrap Technologies

Legal name

Wrap Technologies, Inc.

Website

https://wrap.com

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Wrap Technologies is a public safety technology company that develops non-lethal response solutions, including remote restraint devices, VR training, body-worn cameras, and counter-drone systems, for law enforcement, federal, healthcare, and education customers globally.

Ownership category

akta.pro rank

Product category

Law Enforcement Equipment & Non-Lethal Response Technology

NAICS

Investigation and Security Services (5616)

SIC

Ordnance & Accessories, (No Vehicles/Guided Missiles) (3480)

akta.pro primary industry

Unruly Passenger Management & Restraint Support (BPAKAMAJ)

akta.pro secondary industry

General Security Officer (Unarmed) Training & Certification (BPAKAOAA)

Keywords

• Non-lethal restraint devices
• Law enforcement technology
• Counter-UAS systems
• VR training platforms
• Body-worn cameras

Headquarters

HQ city

Tempe

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Supply Chain, Marketing or Sales, Operations

Revenue model

1. Hardware Sales: One-time sales of BolaWrap devices, counter-UAS systems, and drone platforms to law enforcement and government agencies.
2. Subscription Training Services: Recurring subscription revenue from WrapReality VR training platform, WrapTactics LMS, and related training programs. Delivered through tiered subscription model with annual billing.
3. Professional Services: Instructor training, certification programs, scenario-based instruction, and ongoing program support for deployment customers.
4. Managed Services: Comprehensive non-lethal response program support including training, policy guidance, and operational support bundled with product deployment.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels3 records

Core offering

Wrap Technologies designs, manufactures, and sells an integrated Non-Lethal Response platform for law enforcement and government agencies. Its portfolio centers on the BolaWrap 150 handheld remote restraint device, complemented by the WrapReality VR training platform, WrapVision body-worn cameras, WrapTactics subscription-based learning management system, and drone-enabled counter-UAS payloads (DFR-X and MERLIN-1). Revenue is generated through hardware sales, recurring training subscriptions, and professional services such as instructor certification programs.

Product overview

Wrap Technologies provides a unified Non-Lethal Response platform combining hardware devices, virtual reality training, digital evidence management, and counter-drone solutions. The core portfolio includes the BolaWrap 150 remote restraint device, WrapReality immersive VR training system, WrapVision body-worn cameras, and drone-based systems (DFR-X interdiction platform and MERLIN-1 counter-UAS payload). These products are supported by the WrapTactics Learning Management System for subscription-based training delivery and instructor certification programs. The ecosystem is designed to give law enforcement agencies integrated tools, training, and policy support to reduce reliance on higher-force alternatives across domestic, federal, and international markets.

Differentiator

Problem solved

Functional benefit

Brands

• BolaWrap: Non-lethal remote restraint device for law enforcement
• WrapReality
• WrapVision
• WrapTactics
• MERLIN-1
• DFR-X
• Non-Lethal Response

Products and services

• BolaWrap 150 Handheld remote restraint device that deploys a Kevlar-based tether up to 25 feet to entangle and restrain individuals without serious injury; designed as a pre-escalation option between verbal commands and higher-force alternatives for law enforcement.
• WrapReality VR Training Platform

Quantifiable outcome

• 92% field success rate with no deaths, serious injuries, or lawsuits
• +3 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Eleven partnerships are on record, tiered core, flagship and minor.

• Defcon ServicescoreChannel Partner/ Reseller/ Distributor · 8 May 2026Strategic Italian partner hosting the First European Global Roadshow on 'Rethinking Use of Force' conference in Italy, showcasing WRAP's non-lethal response ecosystem to approximately 200 law enforcement leaders and government officials across key European markets.
• WOFT, LLCflagshipStrategic or Co-development Partner · 24 April 2026Expanded strategic partnership to develop directional light-based safety products and training programs for consumer, private security, healthcare, and personal safety markets. Partnership includes establishing a Florida-based drone testing and NLR training headquarters. Combines WOFT's real-world training expertise with Wrap's NLR platform.
• Advanced Blast & Ballistic Systems GroupminorChannel Partner/ Reseller/ Distributor · 10 April 2026U.K.-based partner issued purchase order for 20 MERLIN-1 Counter-UAS drone systems for the U.K. public safety market. Order may support demonstration, evaluation, and market development for counter-drone missions in the U.K. and Europe.
• VectorflagshipStrategic or Co-development Partner · 18 March 2026Strategic partnership to jointly develop and deploy drone-enabled non-lethal and counter-UAS solutions for law enforcement, homeland security, and national security missions. Combines Wrap's NLR platform with Vector's tactical hardware, command and control systems, and operator training. Includes joint demonstrations and customer engagements.
• PSP CorpminorChannel Partner/ Reseller/ Distributor · 11 March 2026Canadian distributor supporting pre-order of DFR-X drone platform with hardware including BolaWrap devices and body-worn cameras. Inventory held locally in Canada for faster deployment and evaluations among Canadian law enforcement agencies.
• Servicios Tácticos de Seguridad S.A.coreChannel Partner/ Reseller/ Distributor · 5 March 2026Exclusive regional partner for Panama and Central America/Caribbean region. Initial purchase order includes DFR-X drone system and BolaWrap devices. Granted rights to distribute Wrap's full suite of public safety technologies including surveillance, counter-drone, and training solutions.
• K-Form, Inc.coreTechnology or Integration · 26 February 2026Expanded manufacturing partnership to accelerate DFR-X drone-based non-lethal system commercialization. Supports U.S.-based precision manufacturing to meet federal and defense procurement requirements. Strengthens Made-in-America supply chain for non-lethal response and counter-UAS manufacturing.
• Crystal Works Private LimitedcoreChannel Partner/ Reseller/ Distributor · 25 February 2026Strategic distribution agreement marking Wrap's first major commercial entry into the Indian market. Pre-order includes DFR-X drone systems, BolaWrap 150 devices, and WrapReality immersive training platforms. Positions India as strategic gateway to broader South Asian market.
• STORM Training GroupcoreStrategic or Co-development Partner · 20 February 2026Strategic partnership to develop Arrest-in-Control (AIC) training units for WrapTactics LMS. Combined STORM's defensive tactics doctrine with Wrap's digital training platform to deliver scalable, evidence-based instruction for law enforcement agencies.
• LETAC USAminorStrategic or Co-development Partner · 6 November 2025Partnership to develop Non-Lethal Response Policy Framework and training modules for autonomous systems during high-stress encounters. Will produce policy templates, SOPs, and demonstration materials to guide deployment and influence future regulations globally.
• Wrap FederalcoreStrategic or Co-development Partner · 21 October 2025Formation of Wrap Federal subsidiary dedicated to supporting U.S. federal government agencies with non-lethal safety and UAS countermeasure solutions, focusing on DoD and DHS contracts with classified and operational capabilities.

Scale indicators14 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Axon Enterprise: Axon (NASDAQ: AXON) is the dominant vendor of body-worn cameras, conducted energy weapons (TASER), and digital evidence management for law enforcement. It directly competes with Wrap's WrapVision body cameras and is the leading less-lethal alternative to the BolaWrap, while also offering an integrated training platform that overlaps with WrapReality.
• Viridian Weapon Technologies: Viridian designs and manufactures weapon-mounted lasers, tactical lights, and aiming solutions for law enforcement and civilian markets. It is highly comparable to Wrap's emerging directional light and laser dazzler drone payloads and shares the same retail and agency channels.
• DroneShield: DroneShield (ASX: DRO) develops counter-UAS detection and defeat systems for defense, law enforcement, and critical infrastructure. Its product portfolio directly overlaps with Wrap's MERLIN-1 counter-UAS payload and DFR-X drone interdiction platform, serving the same federal and public safety customer base.
• Digital Ally: Digital Ally designs and manufactures body-worn cameras, in-car video systems, and evidence management software for law enforcement. It directly competes with Wrap's WrapVision platform and serves the same municipal police customer base in the U.S.
• PepperBall: PepperBall manufactures non-lethal launcher systems that fire PAVA-filled projectiles for law enforcement, correctional, and private security use. It competes head-to-head with the BolaWrap in the pre-escalation, less-lethal intervention category and serves similar municipal and federal agencies.
• Combined Systems (CSI): Combined Systems is a long-established manufacturer of less-lethal munitions, tear gas, and specialty ordnance for military and law enforcement. It competes with Wrap in the broader non-lethal response market and is a frequent bidder on federal less-lethal contracts.

Emerging players

• Dedrone: Dedrone provides counter-UAS detection, classification, and mitigation software/hardware for defense, government, and critical infrastructure customers. It overlaps with Wrap's MERLIN-1 and DFR-X platform on the detection and airspace-security side, though it focuses more on the sensor/analytic layer than non-lethal effectors.
• Fortem Technologies: Fortem Technologies builds counter-drone detection and interdiction systems, including net-capture drone solutions for defense and homeland security. Its DroneHunter platform overlaps conceptually with Wrap's drone-capture R&D and counter-UAS roadmap, serving similar federal and public safety buyers.

Broad incumbents

• Motorola Solutions: Motorola Solutions (NYSE: MSI) is a broad public-safety technology incumbent offering body-worn cameras (WatchGuard/Vidient), command-and-control software, radios, and evidence management. It competes with multiple Wrap product lines simultaneously and has far deeper agency relationships and procurement vehicles.
• L3Harris Technologies: L3Harris (NYSE: LHX) is a major defense prime with extensive portfolios in tactical communications, sensors, and integrated public-safety systems. It is a competitor for federal and DHS counter-UAS and non-lethal programs that Wrap Federal is pursuing, and represents the type of well-resourced incumbent Wrap must displace in federal bids.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/WrapTechInc

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds7 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wrap Technologies