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Wrap Files IP Application for Next-Generation Multi-Shot Non-Lethal Response System

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Wrap Technologies (NASDAQ: WRAP) filed intellectual property applications on January 15, 2026 for a next‑generation, shoulder‑mounted multi‑shot non‑lethal response platform with optional directional sound, high‑intensity light, advanced sighting, and selectable engagement modes.

The filings aim to protect a modular architecture supporting sequential or combined non‑lethal effects to distract, disorient, deter, and restrain while prioritizing safety. Wrap said products based on these filings could begin entering the market in 2026, subject to development, testing, regulatory review, and customer requirements.

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Positive

  • Filed IP for a multi‑shot shoulder‑mounted platform (Jan 15, 2026)
  • Platform design integrates sound, light, sighting, and selectable modes
  • Modular architecture intended to support an expanding product family
  • Company expects products from filings to begin entering market in 2026

Negative

  • Patent applications are subject to review; approval is not assured
  • Market entry timing depends on development, testing, and regulation
  • No financial metrics or binding contracts disclosed to quantify impact

Key Figures

Target market entry: 2026
1 metrics
Target market entry 2026 Products derived from new IP applications anticipated to begin entering market

Market Reality Check

Price: $3.03 Vol: Volume 298,643 is at 0.77...
normal vol
$3.03 Last Close
Volume Volume 298,643 is at 0.77x the 20-day average of 387,285, indicating muted pre-news activity. normal
Technical Shares at $3.03 are trading above the 200-day MA of $1.89 and 3.81% below the $3.15 52-week high.

Peers on Argus

WRAP’s pre-news move of -0.33% contrasts with mixed peer action: GNSS +0.9%, MIN...

WRAP’s pre-news move of -0.33% contrasts with mixed peer action: GNSS +0.9%, MIND +3.31%, ODYS +15.2%, while ACFN -2.66% and SOTK -3.09%. No coordinated sector trend is evident.

Historical Context

5 past events · Latest: Jan 12 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Jan 12 Customer adoption Positive +14.5% Police department expanded non-lethal response program using BolaWrap 150.
Dec 17 Customer rollout Positive +0.5% Alliance Police committed to full BolaWrap 150 rollout for all officers.
Nov 24 Subscription contract Positive -3.8% WrapReady subscription signed with Rio Grande City Police Department.
Nov 14 Supply chain deal Positive +13.1% K-Form partnership to scale Made-in-America non-lethal and CUAS production.
Nov 12 Earnings update Positive -6.3% Q3 2025 revenue growth and margin expansion with narrower operating loss.
Pattern Detected

Operational and contract wins often saw positive reactions, but financial updates produced mixed to negative responses, indicating uneven alignment between upbeat fundamentals and short-term price moves.

Recent Company History

Over the past few months, Wrap reported several operational milestones and one key earnings update. On Nov 12, 2025, Q3 2025 results showed strong revenue growth and narrower losses, yet shares fell 6.25%. Subsequent supply-chain and customer adoption announcements on Nov 14, Nov 24, Dec 17, and Jan 12 drove varied reactions, from +14.5% to -3.79%. Today’s IP filing fits a pattern of R&D and product roadmap expansion following BolaWrap 150 deployments and training-focused contracts.

Regulatory & Risk Context

Active S-3 Shelf · $4.5 million
Shelf Active
Active S-3 Shelf Registration 2025-12-12
$4.5 million registered capacity

An effective S-3/A registration dated Dec 12, 2025 covers 6,000,000 common shares for resale tied to a prior preferred stock and warrant financing. All registered shares equal about 10.43% of 51,507,022 outstanding shares, signaling meaningful potential dilution if all are issued and resold.

Market Pulse Summary

This announcement highlights Wrap’s shift toward a next‑generation, shoulder‑mounted, multi‑engageme...
Analysis

This announcement highlights Wrap’s shift toward a next‑generation, shoulder‑mounted, multi‑engagement non‑lethal platform, with products anticipated to begin entering the market in 2026. It follows deployments and training programs built around BolaWrap 150 and recent manufacturing and supply‑chain moves. Investors may watch how these IP filings convert into concrete products, adoption metrics, and revenue, while also monitoring dilution risk from the effective registration covering 6,000,000 resale shares.

AI-generated analysis. Not financial advice.

MIAMI, Jan. 15, 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 the filing of new intellectual property applications covering a next-generation, shoulder-mounted Non-Lethal Response platform designed as a multi-shot, multi-engagement system with optional directional sound, high-intensity light, advanced sighting, and selectable engagement modes. We believe the filings reflect Wrap’s continued investment in advanced research and development and support a growing pipeline of future product innovations anticipated to begin entering the market in 2026.

The newly filed intellectual property application is intended to protect a shoulder-mounted, multi-engagement non-lethal response platform that integrates optional directional sound, high-intensity light, advanced sighting, and selectable engagement modes into a unified system. The platform is designed to support sequential or combined non-lethal effects that can distract, disorient, deter, and restrain subjects while prioritizing safety and reducing the risk of serious injury or fatal outcomes.

“For investors, we believe the filings represent a meaningful step towards expansion of Wrap’s defensible technology portfolio by demonstrating continued R&D momentum and positioning the company for future product announcements and platform evolution,” said Scot Cohen, Chairman and CEO of Wrap Technologies.

BolaWrap 150 is designed to meet today’s non-lethal needs through an on-person, belt-carried solution that enables officers to safely restrain subjects at distance. The intellectual property application was filed to protect multi-shot platform concepts that extend operational capability beyond single engagements, with the aim of enabling officers and agencies to address evolving scenarios through multi-engagement tactics that seek to provide additional non-lethal intervention opportunities when circumstances require more than a single deployment.

Unlike traditional non-lethal tools that are often single-purpose or limited in capacity, Wrap’s intellectual property filings describe a modular architecture intended to support an expanding family of non-lethal technologies. We believe this approach allows agencies to scale capabilities over time from a common platform, aligning technology adoption with operational requirements, policy frameworks, and community expectations without requiring wholesale replacement of existing systems.

“These intellectual property filings reflect our belief that non-lethal response must be treated as a system, not a standalone device,” said Jared Novick, President of Wrap Technologies. “Our focus is on building a protected foundation that enables responsible expansion of non-lethal capabilities while integrating policy, training, human factors, and lawful control tactics. This approach is intended to create more opportunities to resolve encounters safely and non-lethally.”

The intellectual property technology also incorporates human factors considerations, including stress, perception, reaction time, and decision-making under dynamic conditions. Optional directional sound and high-intensity light modules are designed to influence behavior through distraction and disorientation rather than pain compliance, with the goal of supporting earlier and safer intervention in situations where threats are emerging or ambiguous.

Importantly, the platform concepts are intended to operate within constitutional standards, agency policies, and established use-of-force frameworks. The technology is designed to complement—not replace—officer judgment, defensive tactics, and lawful follow-on control techniques, allowing non-lethal response to remain integrated into professional policing practice.

Wrap anticipates that products derived from these intellectual property filings could begin entering the market in 2026, subject to continued development, testing, regulatory considerations, and customer requirements. These advancements are expected to complement the company’s existing non-lethal solutions while reinforcing Wrap’s long-term product roadmap and strategic growth objectives.

The patent applications are subject to review by applicable patent authorities. There can be no assurance that the applications will be approved or that any resulting patents will provide the scope of protection sought.

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 outcome of the intellectual property applications, 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 on January 15, 2026 regarding new IP?

Wrap filed intellectual property applications for a next‑generation shoulder‑mounted, multi‑shot non‑lethal response platform with optional sound, light, and advanced sighting.

How could Wrap's new IP filings affect WRAP product lineup in 2026?

Wrap said products derived from the filings could begin entering the market in 2026, subject to development, testing, regulatory review, and customer requirements.

What capabilities does Wrap's multi‑shot platform describe in the January 2026 filing?

The filings describe multi‑engagement tactics with optional directional sound, high‑intensity light, advanced sighting, and selectable engagement modes.

Does Wrap guarantee patent approval for the January 15, 2026 applications?

No; the company noted the patent applications are subject to review and there is no assurance of approval or scope of protection.

Will Wrap's new platform replace existing non‑lethal tools for agencies?

Wrap described the platform as modular and complementary, intended to scale capabilities without requiring wholesale replacement of existing systems.

What investor implications did Wrap highlight for the January 2026 IP filings?

Wrap said the filings demonstrate continued R&D momentum and aim to expand the company's defensible technology portfolio for future product announcements.
Wrap Technologies Inc

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Scientific & Technical Instruments
Ordnance & Accessories, (no Vehicles/guided Missiles)
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MIAMI