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Wrap Technologies Inc Stock Price, News & Analysis

WRAP Nasdaq

Welcome to our dedicated page for Wrap Technologies news (Ticker: WRAP), a resource for investors and traders seeking the latest updates and insights on Wrap Technologies stock.

Wrap Technologies Inc. (WRAP) delivers innovative public safety solutions through its BolaWrap remote restraint system, VR training platforms, and AI-powered evidence management tools. This news hub provides investors and public safety professionals with essential updates on the company’s operational milestones and technological advancements.

Access real-time updates on earnings reports, product certifications, and strategic partnerships. Track developments in WRAP’s law enforcement solutions including new market expansions, training program launches, and enhancements to its WrapAI evidence management platform.

Key content includes quarterly financial results, regulatory filings, product deployment announcements, and executive leadership updates. All press releases are sourced directly from official corporate communications to ensure accuracy and compliance with financial disclosure standards.

Bookmark this page for streamlined access to WRAP’s latest developments in de-escalation technologies and digital policing solutions. Check regularly for updates on patents, international distribution agreements, and field implementation case studies.

Rhea-AI Summary

Wrap Technologies reported third-quarter 2021 net revenues of $1.8 million, reflecting a 79% increase year-over-year. The company launched the BolaWrap 150, its upgraded restraint product, and partnered with Amazon Web Services for its VR training platform. The number of trained agencies rose 109% to 940, with certified instructors increasing 139% to 3,250. Despite a net loss of $5.99 million, the cash reserves remained strong at $39.9 million. The company anticipates challenges due to ongoing pandemic impacts but remains optimistic about future growth.

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Rhea-AI Summary

Wrap Technologies has announced the donation of its Wrap Reality de-escalation training platform to the Frankfort Police Department in Indiana. This marks a pivotal moment as Frankfort PD becomes the first agency in Indiana to utilize this innovative virtual reality simulator. The platform aims to enhance officer training effectively, preparing them for real-life encounters through immersive scenarios. Additionally, WRAP is collaborating with Amazon Web Services to leverage cloud services, further improving training delivery for law enforcement.

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Wrap Technologies (Nasdaq: WRAP) will host a Zoom video webcast on October 28, 2021, at 4:30 p.m. Eastern to discuss its third-quarter financial results for the period ending September 30, 2021. The webcast will feature CEO Tom Smith, CFO Jim Barnes, and VP of Investor Relations Paul Manley. A question-and-answer session will follow the presentation. Interested participants can register via the registration link.

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Rhea-AI Summary

Wrap Technologies, Inc. (WRAP), a leader in public safety technology, launched the BolaWrap 150 Remote Restraint device on October 12, 2021. This new device, an upgrade from the BolaWrap 100, features electronic deployment, significantly improved battery life, and enhanced user safety mechanisms. Over 600 agencies globally currently utilize BolaWrap devices. The BolaWrap 150 is designed to facilitate safer law enforcement practices by allowing officers to restrain subjects from a distance without causing injury, further establishing WRAP's position in the public safety market.

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WRAP Technologies will present its BolaWrap remote restraint device and virtual reality training technology on October 7, 2021, at 11:15 AM ET during Benzinga’s ‘All Access’ Show. The company, recognized as one of eight 'Rising Stars', aims to showcase its innovative approach to public safety. CEO Tom Smith will discuss how the BolaWrap aids law enforcement in safely detaining suspects, reducing injury risks. The presentation can be accessed via this webcast link.

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Rhea-AI Summary

Wrap Technologies, Inc. (WRAP) will host a live webcast on October 12, 2021, at 1:00 PM ET to unveil its next-generation BolaWrap device. CEO Tom Smith and VP of Training Mario Knapp will present the latest developments in the BolaWrap product family. Interested parties can register for the event. Prior to the webcast, WRAP will provide early information about the new device through its website and social media channels. Wrap Technologies focuses on public safety technologies and aims to enhance community protection through innovation.

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Wrap Technologies (WRAP) announced ongoing success with its BolaWrap device used in law enforcement. Recent deployments by the Glenwood Springs Police Department and LaGrange Police Department showcased effective outcomes in real situations, enhancing officer safety and compliance from subjects. Over 600 agencies in the U.S. and 44 countries now utilize BolaWrap, demonstrating increased confidence in its ability to minimize the need for higher force levels. CEO Tom Smith highlighted the growing adoption and positive impact of the device on public safety.

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Wrap Technologies, Inc. (Nasdaq: WRAP) will participate in two investor conferences in October 2021. CEO Tom Smith will present at the Lytham Partners Fall Investor Conference on October 5 from 2:20-2:25 PM ET. Interested parties can register via the provided webcast link. Additionally, WRAP will be present at the LD Micro Main Event on October 12 from 12:00-12:30 PM PT. For registration, visit this link.

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Wrap Technologies (Nasdaq: WRAP) has appointed Becky Newman as its Vice President of International Customer Relations. She will be responsible for supporting global customers as demand for the BolaWrap and Wrap Reality technologies grows. Becky's background includes roles as a Law Enforcement Critical Incident Manager and an advisor for the UK Government. The appointment aims to enhance the effective implementation of WRAP's innovative technologies in various law enforcement agencies worldwide.

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Rhea-AI Summary

Wrap Technologies, Inc. (WRAP), a leader in public safety technologies, showcased bodycam footage of its BolaWrap device in a successful deployment by Bladensburg Police on June 13, 2021. The incident involved a person in crisis, and the BolaWrap allowed officers to safely restrain the individual without injury. Chief Tyron Collington praised the device’s efficacy and the officers' skills. Currently, over 600 agencies worldwide utilize BolaWrap. The company is also presenting its technology at the Maryland Municipal League’s annual conference.

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FAQ

What is the current stock price of Wrap Technologies (WRAP)?

The current stock price of Wrap Technologies (WRAP) is $1.58 as of June 28, 2025.

What is the market cap of Wrap Technologies (WRAP)?

The market cap of Wrap Technologies (WRAP) is approximately 78.9M.
Wrap Technologies Inc

Nasdaq:WRAP

WRAP Rankings

WRAP Stock Data

78.90M
34.52M
30.73%
9.78%
11.03%
Scientific & Technical Instruments
Ordnance & Accessories, (no Vehicles/guided Missiles)
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United States
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