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. develops public safety technology and non-lethal response products for law enforcement, security and related public safety organizations. Company news commonly covers BolaWrap® remote restraint devices, WrapReality™ immersive training deployments, WrapVision digital evidence capabilities, customer purchase orders, contract renewals, and international partner activity.
Recurring updates also address WRAP's broader Non-Lethal Response™ platform, including training programs, policy-centered implementation, healthcare and campus security applications, and research initiatives tied to drone and counter-drone public safety capabilities. Financial-result announcements and operating updates frame product sales, technology-enabled services, market expansion and cost management.
Wrap Technologies, Inc. (WRAP), an innovator in policing solutions, announced a successful deployment of its BolaWrap Remote Restraint device by Beaufort, South Carolina police. The device enabled officers to safely take a subject into custody without injuries. WRAP's BolaWrap 100 is designed to aid law enforcement in de-escalating encounters from a distance of 10 to 25 feet. This deployment follows previous successful uses in multiple cities and aligns with WRAP's commitment to enhancing safety for officers and communities.
WRAP Technologies announced that President and Interim CEO Tom Smith will present at the 13th annual LD Micro Main Event on December 15, 2020, from 1pm to 1:20pm ET. Attendees can access the presentation via a live webcast available on the company’s website. WRAP's innovative BolaWrap 100 is a remote restraint device designed to assist law enforcement in deescalating encounters without harm. The product has been successfully utilized in various cities, enhancing policing solutions. For more details, visit wrap.com.
WRAP Technologies, Inc. (Nasdaq: WRAP) has been selected by the UK Ministry of Defence to participate in the Defence and Security Accelerator (DASA) for its project on 'Advancing Less Lethal Weapons.' The initiative aims to support law enforcement in managing conflicts from a distance. WRAP will develop prototypes for remote restraint solutions. This recognition highlights the company's technology and its potential for adoption in the UK. The DASA funding award is pending governance requirements expected this month.
WRAP Technologies, Inc. (Nasdaq: WRTC) announced a successful deployment of its BolaWrap® Remote Restraint device by the Virginia Police Department in Minnesota, captured on bodycam. The footage will be publicly released during a webinar on Zoom at 10 am ET. In the webinar, executives will discuss the footage and hold a recorded interview with Chief Nicole Young-Mattson. The BolaWrap 100 is designed to assist law enforcement in deescalating encounters, with successful applications already documented in various cities. For more information, visit WRAP's website.
TEMPE, Arizona, Nov. 30, 2020 – WRAP Technologies (Nasdaq: WRTC) announced a change of its ticker symbol from WRTC to WRAP, effective December 1, 2020. This change aims to enhance brand visibility and recognition among investors, aligning the ticker with the company’s branding strategy. The BolaWrap 100, WRAP's innovative product, is designed for law enforcement to safely deescalate encounters without injury. Shareholders need not take any action regarding the ticker change, as the capital structure remains unchanged.