WRAP® Advances Education Sector Expansion with Virtual Reality Training Purchase from William Paterson University
Rhea-AI Summary
Wrap (NASDAQ: WRAP) announced that William Paterson University in New Jersey purchased the WrapReality virtual reality training system for its Criminology and Criminal Justice Program.
The immersive platform supports training in communication, de-escalation, ethical reasoning, and decision-making, and aligns with Wrap’s strategy to expand WrapReality beyond law enforcement into education and other safety-focused sectors.
AI-generated analysis. Not financial advice.
Positive
- William Paterson University purchases WrapReality VR training system
- Supports Wrap strategy to expand WrapReality into higher education markets
- Highlights broader Non-Lethal Response ecosystem focused on safer outcomes
Negative
- None.
Market Reality Check
Peers on Argus
WRAP showed a strong pre-news gain of 14.58%, while key peers were mixed: GNSS moved -5.41%, ACFN 0.17%, MIND 1.78%, ODYS 2.73%, and SOTK -1.95%. Momentum scanner flagged GNSS up and FCUV down, reinforcing that WRAP’s move appears company-specific rather than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| 2026-05-13 | Q1 2026 results | Positive | +14.6% | Revenue growth, higher bookings, DHS order, and 2026 growth target update. |
| 2026-05-08 | Conference showcase | Positive | +3.5% | European law enforcement event highlighting Non-Lethal Response ecosystem. |
| 2026-05-06 | Earnings date notice | Neutral | +2.0% | Announcement of timing and access details for Q1 2026 earnings call. |
| 2026-05-01 | Domestic order | Positive | +2.6% | Carolina Beach Police Department purchase order for BolaWrap devices. |
| 2026-04-24 | Partnership expansion | Positive | +8.1% | Expanded WOFT partnership for light-based safety products and training. |
Recent WRAP announcements on growth, partnerships, and contracts have generally been followed by positive next-day price reactions.
Over the past month, WRAP reported Q1 2026 results with revenue of $1.1M, bookings of $3.2M, and highlighted a DHS purchase order and international pre-orders, which coincided with a 14.58% move. Earlier news focused on showcasing its Non-Lethal Response platform in Europe, a domestic BolaWrap order from Carolina Beach Police Department, and an expanded WOFT partnership. Today’s education-focused WrapReality sale to William Paterson University continues this pattern of broadening use cases beyond core law enforcement customers.
Regulatory & Risk Context
An effective shelf on Form S-3 dated 2026-02-09 registers 5,000,000 shares of common stock for resale tied to a February 2026 private placement, including already-issued shares and shares underlying warrants. The company notes potential dilution and overhang, as the registered shares represent about 9.17% of the share count as of February 6, 2026.
Market Pulse Summary
This announcement highlights continued WrapReality expansion into higher education, as William Paterson University adopts the system for criminology and criminal justice training. It fits alongside recent news of domestic police orders, international outreach, and Q1 revenue growth to $1.1M. Investors following the story may watch how many additional universities, healthcare systems, and security organizations adopt WrapReality, and how this complements core BolaWrap and Non-Lethal Response offerings while the company manages losses and potential dilution from registered resale shares.
Key Terms
virtual reality technical
non-lethal response technical
AI-generated analysis. Not financial advice.
University adds immersive scenario-based training system to support criminology and criminal justice education, student readiness, and Non-Lethal Response™ awareness for aspiring professionals
MIAMI, May 15, 2026 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) (“Wrap” or the “Company”), a global leader in Non-Lethal Response (“NLR”) and public safety technology, today announced that William Paterson University (“WPU”) in Wayne, New Jersey, purchased WrapReality™ virtual reality training system to support its Criminology and Criminal Justice Program.
“With our acquisition of the WrapReality virtual reality system, William Paterson University’s Criminology and Criminal Justice Program joins colleges across the country in providing students with innovative, immersive educational technology to prepare future criminal justice professionals,” states Colleen Eren, WPU Program Director of Criminology and Criminal Justice. “Through the WrapReality VR system, which places individuals into high-stakes training scenarios, students may practice effective communication, de-escalation, ethical reasoning, procedural justice, and critical thinking for improving both academic and professional outcomes.”
WPU’s Criminology and Criminal Justice Program is designed to prepare students for careers in law enforcement, law, courts, corrections, public safety, nonprofits, or data analytics. By integrating WrapReality into its academic environment, WPU may provide students with a more applied learning model that connects classroom instruction with scenario-based decision-making. Unlike traditional classroom instruction alone, immersive VR training allows students to engage with realistic public safety scenarios in a controlled environment where decisions, communication strategies, and judgment can be reviewed, repeated, and reinforced. WrapReality is designed to help instructors challenge students with evolving fact patterns, subject behavior, and decision points that reflect real-world complexity.
WrapReality is an immersive virtual reality training platform developed for public safety, security, and educational environments. The system provides realistic, interactive scenarios intended to strengthen communication, situational awareness, decision-making, and de-escalation skills. For higher education institutions, the platform may help bridge academic instruction and applied practice by giving students controlled exposure to scenarios involving crisis response, behavioral escalation, conflict management, and ethical decision-making.
The WPU purchase further supports Wrap’s strategy to expand WrapReality adoption beyond traditional law enforcement customers and into adjacent markets where safety, judgment, and preparedness may be critical. As some universities, healthcare systems, security organizations, and public safety agencies evaluate modern training tools, Wrap believes WrapReality is positioned to play an essential role in building consistent, scalable readiness programs. Wrap remains focused on delivering technology that supports safer outcomes through its broader Non-Lethal Response ecosystem, designed to deploy sight, sound, and then sensation to gain compliance in real-world scenarios.
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 C-UAS 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 is 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 restraint 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 stress.
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®, Non-Lethal Response™, WrapReality™, Wrap Training Academy, and Non-Lethal Response™ 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 agreement with William Paterson University, the Company'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
