WRAP Selected by WOFT to Support Florida’s $475,000 Teacher Safety Training Initiative

Rhea-AI Summary

Wrap Technologies (Nasdaq: WRAP) has been selected by WOFT Charities to support training services for the WOFT Teacher Safety Training Program, which has received a $475,000 appropriation in Florida’s Fiscal Year 2026–27 state budget (HB 5001E, HF 1031/SF 1890). The initiative will provide safety and preparedness training to teachers, administrators and school staff, focusing on situational awareness, threat recognition, early intervention, de-escalation and avoiding physical confrontation.

According to WRAP, the $475,000 is appropriated to WOFT, a 501(c)(3), and only a portion will flow to WRAP based on services delivered, so the full amount should not be viewed as direct WRAP revenue. WRAP will integrate its early-intervention and force-avoidance philosophy into WOFT’s program, which also includes practical self-defense, use of flashlights and pepper spray, and pre- and post-training assessments. The partnership leverages WRAP’s exclusive access to WOFT’s training facility as a flagship environment for scenario-based public safety and professional safety training, with potential expansion into a broader, digitally enabled training ecosystem.

Market Context

WRAP’s recent insider activity was labeled Net Buying, with 331,093 shares bought and none sold. Tha...

Analysis

WRAP’s recent insider activity was labeled Net Buying, with 331,093 shares bought and none sold. That context supports monitoring execution, while the teacher program’s funding is allocated to WOFT and only partially flows to WRAP.

Key Figures

State appropriation: $475,000

1 metrics

State appropriation $475,000 Florida Fiscal Year 2026–27 budget; awarded to WOFT, not directly to WRAP

Historical Context

5 past events · Latest: Aug 13 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Aug 13	Private security partnership	Positive	+0.9%	WRAP and XINSURANCE launched a certified standard for armed and unarmed security organizations.
Aug 11	Q2 earnings report	Positive	-7.2%	Revenue rose 103% year over year, but the stock declined 7.22% over 24 hours.
Aug 07	Training platform launch	Positive	-4.1%	WrapTactics launched as the training layer of the WrapShield non-lethal response architecture.
Aug 04	Earnings call notice	Neutral	-2.5%	The company scheduled its Q2 2026 results conference call for August 11.
Jul 30	Security deployment	Positive	+8.0%	Stark Security selected Wrap Reality for armed and unarmed officer training.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

WRAP’s recent positive operational and partnership announcements produced mixed reactions, including both aligned gains and negative divergences.

Key Terms

situational awareness, de-escalation, 501(c)(3), personal protective equipment

4 terms

situational awareness technical

"early-intervention, situational-awareness and force-avoidance training principles"

Awareness of the real-time business, market and regulatory conditions that could affect an investment; like a driver scanning the road for hazards, it means continuously noting news, price moves, regulatory signals and other forces that change a company’s prospects. Investors rely on situational awareness to react quickly to risks and opportunities, adjust position size, protect capital and seize short‑lived advantages before the environment shifts.

de-escalation technical

"threat recognition, early intervention, de-escalation and avoiding physical confrontation"

De-escalation is the deliberate reduction in the intensity or severity of a dispute, risk, or aggressive action—such as military tensions, trade disputes, regulatory pressure, or market panic—that can affect businesses and markets. It matters to investors because dialing down conflict or scrutiny often lowers uncertainty and volatility, much like turning down a loud volume lets people think more clearly; that can stabilize stock prices, reduce downside risk, and improve the outlook for future operations and cash flow.

501(c)(3) regulatory

"The $475,000 appropriation is made to WOFT, a 501(c)(3) organization"

A 501(c)(3) is a U.S. federal tax designation for organizations organized and operated for charitable, educational, religious, scientific or literary purposes, which exempts them from federal income tax and generally makes donations to them tax-deductible. Investors pay attention because the designation shapes how the organization raises money, what activities it can legally pursue (for example, limits on political lobbying), and how transparent and financially stable it must be—factors that affect risk, reputation, and potential partnerships.

personal protective equipment technical

"instructional safety equipment, personal protective equipment, mobile classroom capabilities"

Personal protective equipment (PPE) are items like masks, gloves, gowns, respirators, face shields and safety goggles that protect workers from physical, chemical or biological hazards. For investors, PPE matters because demand, supply and regulatory requirements affect company costs, revenues and operational continuity — think of PPE as seatbelts and airbags for workplaces: they reduce risk and can influence a company’s financial performance and reputation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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WOFT and WRAP will jointly support the state-funded initiative, extending WRAP’s early-intervention, situational-awareness and force-avoidance training principles beyond law enforcement and creating a model for broader professional safety markets

MIAMI, Aug. 14, 2026 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (“WRAP” or the “Company”), a global public safety technology and training company, today announced that it has been selected by WOFT Charities (“WOFT”) to support training services associated with the WOFT (Where Our Families Train) Teacher Safety Training Program, which has been awarded $475,000 in Florida’s Fiscal Year 2026–27 state budget.

The appropriation appears in the Conference Report for HB 5001E as “WOFT: Teacher Safety Training Program (HF 1031) (SF 1890)” in the amount of $475,000.

The initiative will provide practical safety and preparedness training for teachers, administrators and other school personnel. WOFT has selected WRAP to support the effort with training methodologies centered on situational awareness, threat recognition, early intervention, de-escalation and avoiding physical confrontation whenever possible.

For WRAP, the engagement extends principles the Company teaches within law enforcement into a broader professional safety environment: awareness comes first, and the best physical confrontation is often the one recognized early enough to avoid.

“Everything starts with awareness,” said Jared Novick, President of WRAP. “That is true for a law enforcement officer responding to a call, and it is equally relevant to a teacher responsible for a classroom. Recognizing threat indicators, understanding when circumstances are changing, and knowing how to avoid or de-escalate a confrontation are foundational skills. WOFT laid the groundwork to bring those principles into Florida schools, and we are excited to support them in delivering it.”

The program closely aligns with WRAP’s training philosophy. WOFT’s underlying proposal calls for mindset and situational-awareness instruction, hands-on real-world scenarios and dynamic group discussions designed to help participants recognize, avoid and de-escalate potential conflicts before they become physical confrontations. The $475,000 appropriation is made to WOFT, a 501(c)(3) organization, to fulfill the Teacher Safety Training Program. WRAP has been selected by WOFT to provide training support under the program and will receive a portion of the funding through WOFT based on the services WRAP provides. Accordingly, the full $475,000 appropriation should not be interpreted as an award directly to WRAP, nor should the entirety of the appropriation be interpreted as future revenue to WRAP.

Training also includes practical self-defense, including the use of flashlights and pepper spray, with pre- and post-training assessments designed to measure participant knowledge and program effectiveness.

Building an Integrated Training Model

WRAP’s relationship with WOFT extends beyond this program. WRAP has exclusive access to WOFT’s training facility, which is becoming a national flagship environment for integrated WRAP training, bringing together instructors, methodologies and technologies in realistic, scenario-based settings.

WRAP draws upon trainers with subject-matter expertise from diverse law enforcement, public safety and operational backgrounds. At the WOFT facility, those capabilities can be integrated into real-world scenarios requiring participants to recognize changing conditions, identify threat indicators, make decisions under pressure and determine an appropriate response.

“Real-world scenario training should not be limited to law enforcement,” Novick continued. “Whether you are a police officer, member of the military, teacher, security professional or private citizen, the foundation is awareness. The scenarios and appropriate responses may be very different, but everyone benefits from learning to recognize risk earlier and make better decisions before circumstances escalate.”

WOFT’s program framework provides for full- and part-time instructors, instructional safety equipment, personal protective equipment, mobile classroom capabilities and other resources necessary to deliver practical training.

A Model Designed to Scale

WRAP believes the Florida initiative demonstrates how training knowledge developed in public safety can be responsibly applied across education, private security, military and other professional safety environments, as well as private citizens.

The common foundation is simple: recognize risk, understand what is happening, intervene early, when possible, avoid unnecessary escalation and respond appropriately when action becomes necessary.

“WOFT created this opportunity, and our role is to help them deliver,” Novick said. “But we also see a larger model emerging. We can jointly serve law enforcement while applying the instructors, methodologies, infrastructure and technologies we have built to other environments where people are responsible for safety.”

Over time, WRAP believes the model can extend beyond in-person instruction into a digital training ecosystem supporting continuous learning, recurring proficiency and certification. As WRAP’s technology portfolio evolves, the Company also sees opportunities to incorporate additional tools and technologies into the training environment, connecting what participants learn with how they perform in realistic scenarios.

“We believe the future of training is integrated,” Novick added. “It is instructors, methodology, real-world scenarios, continuous digital learning and technology working together. WOFT gives us the physical environment to operationalize that model. Florida gives us an opportunity to demonstrate it with teachers, and we believe it can ultimately scale much further.”

About Wrap Technologies

Wrap Technologies, Inc. (Nasdaq: WRAP) is a global public safety technology and training company focused on developing tools, training and capabilities designed to support awareness, earlier intervention and more appropriate responses to challenging encounters.

About WOFT Charities

WOFT provides practical safety and preparedness training focused on situational awareness, confidence and real-world response skills. Through the WOFT Teacher Safety Training Program, WOFT will deliver training designed specifically for teachers, administrators and other school personnel.

Trademark Information

WRAP, the Wrap logo, BolaWrap®, Non-Lethal Response™, Wrap Reality™, 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 press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. 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. Forward-looking statements include, among others, statements regarding the WOFT Teacher Saftey Program and the Company’s involvement. These statements are based on current expectations and are subject to risks and uncertainties, including but not limited to WRAP's ability to develop, integrate, and commercialize the WrapShield platform and WrapVision on expected timelines, the Company's dependence on WOFT and other third parties, the difference between announced capabilities and commercially available products, the possibility that the WOFT engagement does not proceed as contemplated or does not result in adoption, orders, or revenue. The Company's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors including 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. WRAP assumes no obligation to update any forward-looking statement except as required by applicable law.

Investor Relations Contact:

(800) 583-2652
ir@wrap.com
wrap.com

FAQ

What is the Florida teacher safety training initiative involving Wrap Technologies (NASDAQ: WRAP)?

The initiative is a WOFT Teacher Safety Training Program funded with a $475,000 Florida state budget appropriation. According to WRAP, the program trains teachers and school staff in situational awareness, threat recognition, early intervention, de-escalation and practical self-defense, using scenario-based instruction and assessments.

How much funding is allocated for the WOFT Teacher Safety Training Program supported by WRAP?

Florida’s Fiscal Year 2026–27 budget allocates $475,000 to the WOFT Teacher Safety Training Program. According to WRAP, the appropriation goes to WOFT, and WRAP will receive only a portion of this amount, tied to training services it provides under the program.

Does the $475,000 Florida appropriation go directly to Wrap Technologies (WRAP)?

No, the $475,000 appropriation is made to WOFT, not directly to WRAP. According to WRAP, it will receive only a portion of the funds through WOFT, based on actual training services delivered, so the full amount is not future WRAP revenue.

What kind of training will Wrap Technologies provide in the WOFT teacher safety program?

WRAP will support training focused on situational awareness and de-escalation, emphasizing early recognition and avoidance of conflict. According to WRAP, the program also covers practical self-defense, including flashlights and pepper spray, plus pre- and post-training assessments to evaluate participant knowledge and program effectiveness.

How does the WOFT teacher safety program align with Wrap Technologies’ business strategy?

The program extends WRAP’s public safety training into the education sector, applying its early-intervention and force-avoidance philosophy. According to WRAP, it uses WOFT’s flagship facility to demonstrate an integrated model that could scale to private security, military and other professional safety markets over time.

What role does the WOFT training facility play in Wrap Technologies’ offerings?

WOFT’s facility serves as a national flagship for integrated WRAP training, offering realistic, scenario-based environments. According to WRAP, it allows instructors to combine methodologies and technologies so participants can practice recognizing changing conditions, identifying threat indicators and making informed decisions under pressure.

Could the WOFT teacher safety model with WRAP expand into digital training solutions?

WRAP believes the model can evolve into a digital training ecosystem supporting continuous learning and certification. According to WRAP, future plans may integrate additional technologies so what participants learn in class connects directly to performance in realistic, technology-enhanced training scenarios.