Glenwood Springs Police Department Strengthens Non-Lethal Response Through Structured Training and Policy

Rhea-AI Summary

Wrap Technologies (NASDAQ: WRAP) announced the Glenwood Springs Police Department has expanded its non-lethal response program using the BolaWrap 150 through sustained deployment, policy integration, and scenario-based training.

The department adopted BolaWrap in 2021, pairs it with public outreach and policy guidance, and emphasizes frequent, realistic training to build officer confidence and decision-making under stress. Leadership describes the device as an early-intervention option to manage distance and timing without strikes, pain compliance, electrical shock, or kinetic impact.

News Market Reaction – WRAP

+14.50% 3.3x vol

36 alerts

+14.50% News Effect

+10.6% Peak in 5 hr 56 min

+$20M Valuation Impact

$161.35M Market Cap

3.3x Rel. Volume

On the day this news was published, WRAP gained 14.50%, reflecting a significant positive market reaction. Argus tracked a peak move of +10.6% during that session. Our momentum scanner triggered 36 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $20M to the company's valuation, bringing the market cap to $161.35M at that time. Trading volume was very high at 3.3x the daily average, suggesting strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Q3 2025 gross revenue: $2.0M Q3 2025 net revenue: $1.5M Q3 2025 recurring subscription sales: $236K +5 more

8 metrics

Q3 2025 gross revenue $2.0M Q3 2025, up 241% year-over-year

Q3 2025 net revenue $1.5M Q3 2025, up 151% year-over-year

Q3 2025 recurring subscription sales $236K About 12% of gross revenue in Q3 2025

Q3 2025 gross margin 59% Q3 2025 gross margin on $0.9M gross profit

Q3 2025 operating expenses $3.6M Operating expenses in Q3 2025, down 6% year-over-year

Q3 2025 operating loss $2.8M Q3 2025 operating loss, improved 24% year-over-year

Registered resale shares 6,000,000 shares S-3/A registering common stock for resale, filed Dec 12, 2025

Potential dilution share percentage 10.43% Registered shares as a percentage of 51,507,022 outstanding

Market Reality Check

Price: $1.4600 Vol: Volume 321,165 is about i...

normal vol

$1.4600 Last Close

Volume Volume 321,165 is about in line with the 20-day average of 339,139 (relative volume 0.95x). normal

Technical Shares trade above the 200-day MA, with price at $2.69 versus 200-day MA of $1.87.

Peers on Argus

WRAP was down 4.61% while peers showed mixed moves: GNSS -0.47% (also appeared i...

1 Up

WRAP was down 4.61% while peers showed mixed moves: GNSS -0.47% (also appeared in momentum scanner up intraday), ACFN +0.10%, MIND +15.52%, ODYS +4.42%, SOTK 0%. This pattern points to stock-specific trading rather than a broad sector move.

Historical Context

5 past events · Latest: Dec 17 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 17	Agency deployment win	Positive	+0.5%	Alliance Police Department adopted BolaWrap 150 with training and policy support.
Nov 24	Subscription contract	Positive	-3.8%	WrapReady subscription for Rio Grande City PD supporting BolaWrap 150 deployment.
Nov 14	Supply-chain partnership	Positive	+13.1%	K-Form partnership to scale U.S. manufacturing for non-lethal and CUAS systems.
Nov 12	Earnings release	Positive	-6.3%	Q3 2025 revenue and margin expansion with reduced operating loss reported.
Nov 07	Policy framework news	Positive	-8.3%	Partnership to shape non-lethal policy for humanoid and robotic public safety systems.

Pattern Detected

Positive operational and partnership news has often seen mixed or negative next-day price reactions, with more divergences than alignments.

Recent Company History

Recent WRAP news has centered on expanding non-lethal solutions and strengthening its ecosystem. On Nov 7, 2025, it announced a policy partnership on humanoid robotics, followed by Q3 2025 results on Nov 12 showing revenue growth but a price drop of -6.25%. A strategic manufacturing partnership on Nov 14 saw a 13.08% gain, while subsequent non-lethal deployment wins in November and December produced small or negative moves. Today’s Glenwood Springs update continues the theme of agency adoption and training integration.

Regulatory & Risk Context

Active S-3 Shelf

Shelf Active

Active S-3 Shelf Registration 2025-12-12

An effective Form S-3/A dated Dec 12, 2025 registers up to 6,000,000 common shares for resale, including 3,000,000 shares from Series B preferred conversion and 3,000,000 from related warrant exercises at $1.50 per share. The filing notes these shares equal about 10.43% of the 51,507,022 common shares then outstanding, indicating meaningful potential dilution for existing holders if all are issued.

Market Pulse Summary

The stock surged +14.5% in the session following this news. A strong positive reaction aligns with W...

Analysis

The stock surged +14.5% in the session following this news. A strong positive reaction aligns with WRAP’s pattern of occasional sharp moves on operational updates, such as the 13.08% gain following its Nov 14, 2025 supply-chain partnership. The Glenwood Springs announcement extends a series of agency deployments and training-focused wins that underscore growing adoption of the BolaWrap 150. However, investors have also faced meaningful potential dilution, with an effective S-3/A registering 6,000,000 resale shares, or about 10.43% of prior outstanding stock.

Key Terms

non-lethal, use-of-force, kinetic munitions, force-on-force, +1 more

5 terms

non-lethal technical

"a global leader in non-lethal response and public-safety technology"

Non-lethal describes products, tools or methods designed to incapacitate, deter or control people without intending to cause death — for example devices meant to stun or restrain rather than kill. Investors care because non-lethal offerings often face different safety rules, liability exposure and market demand than lethal alternatives, so they can open regulatory pathways and sales opportunities while carrying distinct legal, ethical and reputation risks.

use-of-force technical

"within the department’s broader use-of-force framework as an early intervention option"

Use-of-force is the degree of physical or coercive action taken by security staff, law enforcement, or employees to restrain or control people or situations, ranging from verbal commands and holds to the use of weapons. Investors pay attention because incidents or changes in policies around force can lead to lawsuits, fines, higher insurance costs, regulatory scrutiny and reputational harm — similar to how a product recall can disrupt sales and trust.

kinetic munitions technical

"before impact weapons, before kinetic munitions, and certainly before lethal force"

Kinetic munitions are weapons that destroy targets by hitting them with mass and speed rather than using chemical explosions or electronic effects — think of a very fast, heavy rock delivered precisely to break or penetrate a target. For investors, they matter because demand, production capacity, and regulatory controls for these physical weapons affect defense contractors’ sales, supply chains, export licenses and capital costs, similar to how demand for cars drives an auto maker’s business.

force-on-force technical

"further integrate the device into force-on-force and simulation environments"

A force-on-force exercise is a live training simulation where opposing teams of people use simulated weapons and tactics to test equipment, procedures and decision-making under realistic conditions. For investors, these drills reveal how well products, services or training programs perform in near-real scenarios, affecting sales prospects, contract competitiveness and risk profiles — like a dress rehearsal that shows whether a team and its gear are ready for the real game.

behavioral health crisis medical

"individuals in behavioral health crisis"

An acute situation in which a person experiences severe mental health or substance-use symptoms that require immediate care or intervention, such as suicidal behavior, violent agitation, or inability to function. It matters to investors because rising numbers or changing treatment patterns affect demand for hospitals, outpatient services, telehealth, medications, and insurance coverage, and can drive costs, regulatory action, reimbursement changes, and market opportunities—much like a sudden storm exposing weak infrastructure.

AI-generated analysis. Not financial advice.

Establishing non-lethal response aimed as an early intervention capability through training, policy, and repetition to help resolve encounters safely before escalation occurs

MIAMI, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) (“Wrap” or the “Company”), a global leader in non-lethal response and public-safety technology, today announced that the Glenwood Springs Police Department has continued to advance its non-lethal response program through sustained deployment, training, and policy integration of the BolaWrap^® 150 device.

Glenwood Springs, Colorado is a high-traffic tourism community that often responds to calls involving an unhoused population and individuals in behavioral health crisis. According to Chief Joseph Deras, these overlapping dynamics generally require officers to manage a large volume of non-compliant, emotionally charged encounters where time, distance, and decision-making are critical.

“When I arrived in Glenwood Springs, we were looking for a tool that filled a real gap,” said Chief Deras. “We needed something accessible to officers that gave us an option before impact weapons, before kinetic munitions, and certainly before lethal force. BolaWrap^® provided a non-lethal capability that we believe aligned with the expectations of our community and the realities officers face every day.”

The department adopted BolaWrap^® in 2021 following evaluation and hands-on training, pairing the device with policy guidance and proactive community communication. Prior to deployment, the department conducted public outreach and media engagement to explain the role of non-lethal response tools and how BolaWrap® could be used to resolve encounters more safely.

According to Deras, early field deployments demonstrated immediate operational value, particularly in encounters involving mental health crises and non-compliant subjects where distance and time could be managed without escalation. Those outcomes have shown to reinforce the department’s decision to invest further in advanced training and broader adoption.

“Moving away from the term ‘less lethal’ matters,” Deras added. “We’ve seen too many cases nationally where tools labeled less lethal still contributed to fatalities. When we can deploy tools that are non-lethal by design, that’s better for officers, better for subjects, and better for public trust.”

BolaWrap^® is positioned within the department’s broader use-of-force framework as an early intervention option, intended to help officers resolve incidents before encounters escalate to contact distance or higher-force outcomes. Chief Deras emphasized that the value of the technology to the department is tied to how it is trained, practiced, and reinforced.

“I believe there’s an opportunity for agencies to move beyond annual certifications and toward more frequent, structured training,” Deras said. “Repetition and familiarity matter. I believe that if officers don’t train with a tool in realistic scenarios, it won’t be top of mind when it counts.”

The Glenwood Springs Police Department currently incorporates BolaWrap^® training alongside scenario-based exercises and is evaluating opportunities to further integrate the device into force-on-force and simulation environments. Department leadership views this approach as critical to building officer confidence, muscle memory, and decision-making consistency under stress.

Looking ahead, Deras believes structured non-lethal response programs is essential to the future of policing nationwide.

“In my view, our communities are demanding evolution,” Deras said. “Just because the law allows us to do something doesn’t mean we should. If we can take people into custody safely without immediately escalating force, then we owe it to the public to do so. Programs like this help move our profession forward.”

Wrap’s BolaWrap^® solution is designed to provide officers with a non-lethal option that expands the pre-escalation window by allowing officers to manage distance, timing, and control without pain compliance, strikes, electrical shock, or kinetic impact. When paired with structured training and clear policy, non-lethal response tools are intended to support safer, more proportional outcomes for both officers and subjects.

About Wrap Technologies, Inc.

Wrap Technologies, Inc. (Nasdaq: WRAP) a global leader in innovative public safety technologies and non-lethal tools, delivering cutting-edge technology with exceptional people to address the complex, modern day challenges facing public safety organizations.

Wrap's complete public safety portfolio includes the non-lethal BolaWrap^® 150 device, WrapReality™ immersive training platform, WrapVision™ body-worn camera system, WrapTactics™ training programs, and next-generation CUAS solutions like PAN-DA and the 1KC Kinetic Anti-Drone Cassette, all of which supports the Company's mission to provide safer, scalable, and cost-effective technologies for public safety, defense, and critical infrastructure markets. Wrap's BolaWrap^® 150 solution leads in pre-escalation intended to provide law enforcement with a safer choice for nearly every phase of a critical incident. This innovative, patented device deploys a multi-sensory, cognitive disruption that leverages sight, sound and sensation to expand the pre-escalation period and gives officers the advantage and critical time to manage non-compliant subjects before resorting to higher-force options. The BolaWrap^® 150 is not pain-based compliance. It does not shoot, strike, shock, or incapacitate, instead, it helps officers strategically operate pre-escalation on the force continuum, reducing the risk of injury to both officers and subjects. Used by over 1,000 agencies across the U.S. and in 60 countries, BolaWrap^® is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST), reinforcing Wrap's commitment to public safety through cutting-edge technology and expert training.

WrapReality™ VR is a fully immersive training simulator to enhance decision-making under pressure.

As a comprehensive public safety training platform, it provides first responders with realistic, interactive scenarios that reflect the evolving challenges of modern law enforcement. By offering a growing library of real-world situations, WrapReality™ is intended to equip officers with the skills and confidence to navigate high-stakes encounters effectively, which we believe leads to safer outcomes for both responders and the communities they serve.

WrapVision is an all-new body-worn camera and evidence management system built for efficiency.

Designed for efficiency, security, and transparency to meet the rigorous demands of modern law enforcement, WrapVision captures, stores, and helps manage digital evidence, ensuring operational security, regulatory compliance, and enhanced video picture quality and field of view.

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.

Trademark Information

Wrap, the Wrap logo, BolaWrap^®, WrapReality™ and Wrap Training Academy are trademarks of Wrap Technologies, Inc., some of which are registered in the U.S. and abroad. All other trade names used herein are either trademarks or registered trademarks of the respective holders.

Cautionary Note on Forward-Looking Statements - Safe Harbor Statement

This release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Words such as "expect," "anticipate," "should", "believe", "target", "project", "goals", "estimate", "potential", "predict", "may", "will", "could", "intend", and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Moreover, forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control and include, but are not limited to, statements relating to the expected benefits and performance of the BolaWrap® 150 device, Wrap's planned future products, technologies, integration, intended product designs and expected benefits therefrom, expected market opportunities and outcomes related to Wrap's products to increase officer and public safety. The Company's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the Company's ability to maintain compliance with the Nasdaq Capital Market's listing standards; the Company's ability to successfully implement training programs for the use of its products; the Company's ability to manufacture and produce products for its customers; the Company's ability to develop sales for its products; the market acceptance of existing and future products; the availability of funding to continue to finance operations; the complexity, expense and time associated with sales to law enforcement and government entities; the lengthy evaluation and sales cycle for the Company's product solutions; product defects; litigation risks from alleged product-related injuries; risks of government regulations; the impact resulting from geopolitical conflicts and any resulting sanctions; the ability to obtain export licenses for counties outside of the United States; the ability to obtain patents and defend intellectual property against competitors; the impact of competitive products and solutions; and the Company's ability to maintain and enhance its brand, as well as other risk factors mentioned in the Company's most recent annual report on Form 10-K, subsequent quarterly reports on Form 10-Q, and other Securities and Exchange Commission filings. These forward-looking statements are made as of the date of this release and were based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations.

Investor Relations Contact:

(800) 583-2652
ir@wrap.com

FAQ

What did Wrap (WRAP) announce about the Glenwood Springs Police Department on January 12, 2026?

Wrap said Glenwood Springs continued deployment of the BolaWrap 150 with policy integration and structured training to strengthen non-lethal response.

How has Glenwood Springs integrated BolaWrap according to Wrap (WRAP)?

The department paired BolaWrap deployment with public outreach, policy guidance, and scenario-based and force-on-force training since adopting it in 2021.

What role does BolaWrap play in Glenwood Springs’ use-of-force framework for WRAP investors?

BolaWrap is described as an early-intervention option intended to manage distance and timing before escalation to higher-force outcomes.

Does the Glenwood Springs program change officer training frequency mentioned by Wrap (WRAP)?

Department leadership advocates moving beyond annual certification to more frequent, realistic training and repetition.

Why did Glenwood Springs choose BolaWrap according to the announcement from Wrap (WRAP)?

Leadership said they sought a non-lethal tool to provide an option prior to impact weapons, kinetic munitions, or lethal force and to align with community expectations.

Will the BolaWrap deployment affect use-of-force outcomes as described by Wrap (WRAP)?

The company and department frame BolaWrap as intended to expand the pre-escalation window and support safer, more proportional outcomes when paired with policy and training.