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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, Inc. (WRAP) announced the addition of four independent members to its Board of Directors, strengthening its governance and expertise in public safety technologies. New members include Jeff Kukowski, CEO of Cloudbolt Software; Kimberly Sentovich, a veteran executive from Walmart; Kevin Sherman, Interim CEO of Tractor Beverages; and TJ Kennedy, former CEO of Qumu, Inc. The Board now consists of nine members, with seven being independent. This strategic move aims to enhance the company's growth trajectory and operational capabilities as it serves the law enforcement sector.

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Wrap Technologies, Inc. (WRAP) reported nine new BolaWrap deployments across eight states in March and April 2021. The BolaWrap, a remote restraint device, was effectively used by law enforcement, including Fruitland Police Department in Maryland and Mountain View Police Department in California, to safely manage crisis situations without escalating violence. The company highlights that many deployments go unreported as agencies view them as low use of force. This trend signals growing adoption of WRAP's safety technologies in public safety operations.

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Wrap Technologies, Inc. (WRAP) will host a Zoom webcast on April 29, 2021, at 4:30 p.m. Eastern Time, to discuss its financial and operational results for Q1 2021. A press release containing these results will precede the webcast. The presentation will include a Q&A session, and interested participants can RSVP via a provided link. WRAP, known for its BolaWrap® Remote Restraint device and WRAP Reality training platform, focuses on innovative public safety technologies. More details can be found on the company's website.

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Rhea-AI Summary

Wrap Technologies has received two new international orders for its BolaWrap remote restraint devices, expanding its market presence to 37 countries. The recent orders include 270 BolaWrap devices and accessories for a new country and a reorder of 300 devices. These orders, received in Q1, showcase the growing international interest in WRAP's products despite challenges posed by COVID. Shipping is expected to continue through Q2, reinforcing WRAP's capability to adapt in a changing global landscape.

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Wrap Technologies has secured its first five-year pre-paid subscription for WRAP Reality, a virtual reality training simulator, with the Northern York County Regional Police Department in Pennsylvania. This innovative training platform enables law enforcement to simulate real-world scenarios, enhancing officer preparedness. NYCRPD Chief David Lash emphasized the system's superior immersive experience over previous training methods. The partnership aims to provide cost-effective training and improved officer evaluation processes, supported by funding from community partners.

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Wrap Technologies, Inc. (WRAP), a leader in public safety technologies, released bodycam footage on March 17, 2021, exhibiting the effective use of its BolaWrap device. The Glenwood Springs Police Department utilized the BolaWrap to safely restrain an individual in crisis, preventing harm to the subject and others. This instance underscores the value of innovative tools in law enforcement. The BolaWrap, designed to restrain without injury, sees growing adoption among agencies. The company emphasizes its commitment to providing effective solutions in public safety.

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TEMPE, Ariz., March 23, 2021 - Wrap Technologies (Nasdaq: WRAP) announced that CEO Tom Smith will present at the Q1 Virtual Investor Summit today at 12 pm ET. The event features presentations from CEOs of small and mid-cap companies and opportunities for one-on-one meetings with accredited investors. Smith will discuss the Company’s innovative products, including the BolaWrap® and WRAP Reality™, which aim to enhance public safety. Interested participants can register online to join this immersive investor conference.

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Wrap Technologies, Inc. (Nasdaq: WRAP) announced its participation in the 2021 ILEETA Expo, showcasing the BolaWrap and WRAP Reality training platform. The event, held March 23-24, marks a significant return for law enforcement training conferences post-COVID. Attendees will have hands-on opportunities with the BolaWrap and can certify as BolaWrap Instructors through a Train the Trainer Course. The company will exhibit at booth #414, highlighting its commitment to innovative public safety solutions.

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FAQ

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

The current stock price of Wrap Technologies (WRAP) is $1.56 as of May 2, 2025.

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

The market cap of Wrap Technologies (WRAP) is approximately 78.3M.
Wrap Technologies Inc

Nasdaq:WRAP

WRAP Rankings

WRAP Stock Data

78.27M
34.28M
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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