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Wrap Technologies Opens New Virginia Facility to Scale BolaWrap® and C-UAS Drone Solutions; Committed to All-American Made Production

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Wrap Technologies (NASDAQ: WRAP) has officially opened its new U.S. Manufacturing World Headquarters in Norton, Virginia. The $4.1 million facility is designed to manufacture up to 23,000 BolaWrap® 150 devices and 150,000 cassettes monthly, with future capacity to double or triple output.

The state-of-the-art facility will create 126 new jobs in manufacturing, engineering, logistics, and training roles. The site includes dedicated engineering, R&D wings, and a demonstration center. The facility will also support the production of WrapVision™ cameras, WrapReality™ VR training systems, and the company's patent-pending 1KC kinetic anti-drone cassette for counter-unmanned aerial systems (C-UAS).

The project received support from various Virginia state organizations and Governor Glenn Youngkin, building on Wrap's existing partnerships with over 40 agencies across Virginia.

Wrap Technologies (NASDAQ: WRAP) ha ufficialmente inaugurato la sua nuova World Headquarters per la produzione negli USA a Norton, Virginia. La struttura da 4,1 milioni di dollari è progettata per produrre fino a 23.000 dispositivi BolaWrap® 150 e 150.000 cassette al mese, con la possibilità futura di raddoppiare o triplicare la capacità produttiva.

La struttura all’avanguardia creerà 126 nuovi posti di lavoro nei settori della produzione, ingegneria, logistica e formazione. Il sito comprende ali dedicate all’ingegneria e alla R&S e un centro dimostrativo. La struttura supporterà inoltre la produzione delle telecamere WrapVision™, dei sistemi di addestramento VR WrapReality™ e della cassetta anti-drone cinetica 1KC, pendente di brevetto, per i sistemi contro i velivoli senza pilota (C-UAS).

Il progetto ha ricevuto il sostegno di varie organizzazioni statali della Virginia e del governatore Glenn Youngkin, rafforzando le collaborazioni di Wrap con oltre 40 agenzie in tutta la Virginia.

Wrap Technologies (NASDAQ: WRAP) ha inaugurado oficialmente su nueva sede mundial de fabricación en Estados Unidos, ubicada en Norton, Virginia. La instalación de 4,1 millones de dólares está diseñada para fabricar hasta 23.000 dispositivos BolaWrap® 150 y 150.000 casetes al mes, con capacidad futura para duplicar o triplicar la producción.

La moderna instalación creará 126 nuevos empleos en manufactura, ingeniería, logística y formación. El complejo incluye áreas dedicadas a ingeniería e I+D y un centro de demostraciones. También apoyará la producción de las cámaras WrapVision™, los sistemas de entrenamiento VR WrapReality™ y el casete cinético 1KC con patente en trámite para contramedidas frente a drones (C-UAS).

El proyecto contó con el apoyo de diversas organizaciones estatales de Virginia y del gobernador Glenn Youngkin, y se apoya en las alianzas existentes de Wrap con más de 40 agencias en Virginia.

Wrap Technologies (NASDAQ: WRAP)가 버지니아주 노턴에 새로운 미국 제조 본사를 공식 개설했습니다. 410만 달러 규모의 시설은 최대 월 23,000대의 BolaWrap® 150 장치와 150,000개의 카세트를 제조하도록 설계되었으며, 향후 생산량을 두 배 또는 세 배로 늘릴 수 있습니다.

이 최첨단 시설은 제조, 엔지니어링, 물류 및 교육 분야에서 126개의 신규 일자리를 창출할 것입니다. 현장에는 전용 엔지니어링 및 연구개발(R&D) 공간과 시연 센터가 포함되어 있습니다. 또한 WrapVision™ 카메라, WrapReality™ VR 교육 시스템 및 대(對)무인항공체계(C-UAS)를 위한 특허 출원 중인 1KC 운동형 대(對)드론 카세트의 생산도 지원합니다.

이 프로젝트는 버지니아 주의 여러 기관과 글렌 영킨(Governor Glenn Youngkin) 주지사의 지원을 받았으며, Wrap이 버지니아 전역의 40개 이상의 기관과 이미 맺고 있는 파트너십을 바탕으로 합니다.

Wrap Technologies (NASDAQ: WRAP) a officiellement inauguré son nouveau siège mondial de fabrication aux États-Unis, à Norton (Virginie). L’installation de 4,1 millions de dollars est conçue pour produire jusqu’à 23 000 dispositifs BolaWrap® 150 et 150 000 cartouches par mois, avec la possibilité d’augmenter la capacité à deux ou trois fois à l’avenir.

Cette installation de pointe créera 126 nouveaux emplois dans la fabrication, l’ingénierie, la logistique et la formation. Le site comprend des ailes dédiées à l’ingénierie et à la R&D ainsi qu’un centre de démonstration. Il soutiendra également la production des caméras WrapVision™, des systèmes de formation VR WrapReality™ et de la cartouche anti-drone cinétique 1KC, en instance de brevet, pour les systèmes de lutte contre les drones (C-UAS).

Le projet a bénéficié du soutien de plusieurs organismes de l’État de Virginie et du gouverneur Glenn Youngkin, s’appuyant sur les partenariats existants de Wrap avec plus de 40 agences en Virginie.

Wrap Technologies (NASDAQ: WRAP) hat offiziell seine neue US-Fertigungszentrale (World Headquarters) in Norton, Virginia, eröffnet. Die 4,1 Millionen Dollar teure Anlage ist ausgelegt, um bis zu 23.000 BolaWrap® 150-Geräte und 150.000 Kassetten pro Monat herzustellen, mit späterer Möglichkeit, die Kapazität zu verdoppeln oder zu verdreifachen.

Die hochmoderne Anlage wird 126 neue Arbeitsplätze in den Bereichen Produktion, Engineering, Logistik und Training schaffen. Der Standort umfasst dedizierte Bereiche für Engineering und F&E sowie ein Demonstrationszentrum. Zudem wird die Fertigung von WrapVision™-Kameras, WrapReality™-VR-Trainingssystemen und der zum Patent angemeldeten 1KC-kinetischen Anti-Drohnen-Kassette für Counter-Unmanned Aerial Systems (C-UAS) unterstützt.

Das Projekt erhielt Unterstützung von verschiedenen staatlichen Stellen in Virginia und von Gouverneur Glenn Youngkin und baut auf Wraps bestehenden Partnerschaften mit über 40 Behörden in Virginia auf.

Positive
  • Creation of 126 new jobs in southwestern Virginia
  • Production capacity of 23,000 BolaWrap devices and 150,000 cassettes monthly
  • Facility expansion potential from 20,000 sq. ft. to 60,000 sq. ft.
  • Strategic location providing better access to Department of Defense and Department of Homeland Security
  • State support and funding through multiple Virginia organizations
Negative
  • Significant capital investment of $4.1 million in new facility
  • Operational costs may increase with larger facility and workforce

Insights

Wrap's new Virginia facility significantly expands production capacity while positioning for defense contracts and job creation in a strategic location.

Wrap Technologies' new Norton, Virginia manufacturing headquarters represents a significant operational expansion with capacity to produce up to 23,000 BolaWrap® 150 devices and 150,000+ cassettes monthly. The facility's strategic importance extends beyond just increased production volumes. The $4.1 million investment creates 126 new jobs across manufacturing, engineering, logistics, and training - providing economic stimulus to Southwest Virginia while giving Wrap enhanced control over its supply chain.

The facility's design incorporates built-in expansion potential, allowing Wrap to scale from 20,000 to 60,000 square feet in planned phases, demonstrating forward-thinking capacity planning. Most critically, this all-American manufacturing approach aligns with Department of Defense and Department of Homeland Security procurement requirements, positioning Wrap to expand into federal contracts. The dedicated R&D wing and demonstration center further enhance the facility's strategic value beyond pure manufacturing.

This operational consolidation serves multiple strategic objectives: increasing production capacity, strengthening supply chain resilience, centralizing operations, and creating an innovation hub. The inclusion of counter-unmanned aerial systems (C-UAS) production capabilities indicates Wrap is diversifying its product portfolio beyond its core less-lethal restraint devices into the growing defense technology sector. This vertical integration strategy enhances Wrap's long-term manufacturing flexibility while potentially opening new revenue streams.

The state-of-the-art Norton facility intended to align with Department of Defense and Department of Homeland Security production requirements, supporting a roadmap for federal expansion and strategic access to Washington, D.C.

MIAMI, Sept. 11, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) (the “Company” or “Wrap”), a global leader in pre-escalation and public safety solutions, today announced the official opening of its new U.S. Manufacturing World Headquarters in Norton, Virginia, located in Wise County in the heart of Southwest Virginia.

Wrap Wise Facility (1)

The new facility expands Wrap’s Made-In-America production footprint. Built to manufacture up to 23,000 BolaWrap® 150 devices and more than 150,000 cassettes per month, with future expansion capacity expected to double or triple output as demand grows. In addition, the site supports Wrap’s growing public safety ecosystem of tools, including WrapVision™ and WrapReality™ VR training systems.

Wrap Wise Manufacturing Line (2)

The Norton facility is projected to create 120+ new jobs in southwestern Virginia across manufacturing, engineering, logistics, and training roles. It also houses a dedicated engineering and R&D wing and a demonstration and training center where agencies and partners can experience Wrap solutions firsthand.

“Relocating our manufacturing headquarters to Norton, Virginia, represents a strategic investment in Wrap’s future,” said Jared Novick, President and Chief Operating Officer of Wrap. “This move is about more than producing the BolaWrap 150 or advancing next-generation technologies: it’s about creating high-quality jobs, fostering innovation, and partnering with a community that shares our commitment to public safety. Norton provides the talent, infrastructure, and momentum we believe we need to grow, and we are proud to make it the home of our next chapter.”

The State of Virginia supported the $4.1 million project through the Virginia Economic Development Partnership, the Lonesome Pine Regional Industrial Facilities Authority, the Virginia Tobacco Region Revitalization Commission, and the Virginia Coalfield Economic Development Authority. The project also benefited from the support of Virginia Governor Glenn Youngkin, who provided a strong local pathway to good, new jobs.

Wrap’s investment in Wise County builds on its partnerships with more than 40 agencies across Virginia, including the Virginia Department of Corrections, Richmond Police Department, Fairfax County Police Department, and Virginia Commonwealth University Police.

Ron Colaizzi, Wrap’s Director of Operations and Facilities, added: “Our Norton headquarters was built with intention. From more efficient production lines to R&D labs and training rooms, it’s a facility that demonstrates how Wrap is preparing to scale, innovate, and deliver the highest-quality products. We are proud to build these solutions in Southwest Virginia and prouder still to work towards creating good jobs for a community that welcomed us from day one.”

Key Advantages of Norton Facility:

  • Production Capacity – Capable of producing up to 23,000 BolaWrap® 150 restraint devices and more than 150,000 cassettes per month.
  • C-UAS Readiness – Facility intends to assemble Wrap’s patent-pending 1KC kinetic anti-drone cassette, extending the BolaWrap® platform into counter-unmanned aerial systems (C-UAS) with scalable, modular options for defense and public safety missions.
  • Made-in-America Manufacturing – We intend to fully assemble all products in the U.S., including BolaWrap devices, WrapVision™ cameras, and WrapReality™ VR training systems.
  • Job Creation – 126 new manufacturing, engineering, logistics, and training positions.
  • Expansion Potential – Purpose-built site with room to double and triple footprint (20,000 sq. ft. → 40,000 sq. ft. → 60,000 sq. ft.) in planned future phases.
  • Innovation Hub – On-site engineering/R&D area plus demo and training room for agencies and partners.

Wrap Wise Manufacturing Line (1)

We believe the opening of the Norton facility marks a cornerstone in Wrap’s next-generation growth strategy intended to centralize production, strengthen supply chain resilience, and expand capacity to deliver long-term value to customers and shareholders.

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 BolaWrap® 150 solution leads in pre-escalation and beyond, providing 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.

Wrap Reality™ 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, Wrap Reality™ 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 superior video picture quality and field of view.

The WrapVision camera, powered by IONODES, boasts seamless cloud integration and adheres to Trade Agreements Act (TAA) compliance requirements and GSA schedule contracts requirements. Crucially, unlike many competitor devices manufactured overseas in foreign, non-compliant, and possibly hostile regions, WrapVision is built right here in North America today, with a critical made-in-America roadmap by the end of 2025. 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®, 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 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 included, but not limited to, statements relating to the expected benefits of the Company’s Norton facility opening. 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 business impact of health crises or outbreaks of disease, such as epidemics or pandemics; 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

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/23418863-9899-40f5-9e0b-0105e5c6e895

https://www.globenewswire.com/NewsRoom/AttachmentNg/aa11580e-3882-4d9a-a203-eaa6ab8b70c6

https://www.globenewswire.com/NewsRoom/AttachmentNg/3abb2b14-1b0d-477f-8338-1667a84ae822


FAQ

What is the production capacity of Wrap Technologies' new Virginia facility?

The facility can manufacture up to 23,000 BolaWrap® 150 devices and 150,000 cassettes per month, with potential to double or triple output in future expansions.

How many jobs will WRAP's new Norton facility create?

The facility will create 126 new jobs across manufacturing, engineering, logistics, and training roles in southwestern Virginia.

What products will be manufactured at WRAP's new Virginia facility?

The facility will produce BolaWrap® 150 devices, WrapVision™ cameras, WrapReality™ VR training systems, and the patent-pending 1KC kinetic anti-drone cassette for C-UAS applications.

How much did Wrap Technologies invest in the new Norton facility?

Wrap Technologies invested $4.1 million in the new Norton, Virginia facility, supported by various state organizations and Governor Glenn Youngkin.

What is the size of WRAP's new manufacturing facility in Norton?

The facility starts at 20,000 sq. ft. with planned expansion potential to 40,000 sq. ft. and ultimately 60,000 sq. ft. in future phases.
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