MIAMI, March 02, 2026 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) (“Wrap” or the “Company”), a global leader in Non-Lethal Response (“NLR”) and public safety technology company, today announced the launch of a Florida-based integrated drone testing and NLR training headquarters through a newly executed strategic partnership agreement with WOFT, LLC (“WOFT”), a premier training facilities organization headquartered in Florida.

The agreement establishes WOFT’s Florida facility as a dedicated operational hub for counter-UAS validation, drone-enabled non-lethal deployment testing, instructor-level certification, and structured federal, state, and local agency evaluation programs.

This initiative aligns with what the Company believes is accelerating interest from U.S. federal and national security stakeholders in proactive, lawful, and non-lethal technologies capable of addressing both aerial threats and human encounters across defense, border, infrastructure protection, and public safety environments.

Establishing a Dual-Purpose Operational Platform

The Florida facility is expected to function as both a structured drone and counter-UAS test range and an in-person NLR training headquarters. The site is designed to integrate engineering validation, operational simulation, and certification-based training into a single scalable environment supporting Wrap’s expanding drone-enabled NLR ecosystem, including BolaWrap ® , WrapReality™, WrapVision™, and the MERLIN-1 DFR-X counter-UAS platform.

Counter-UAS Testing and Integrated Platform Validation

The facility intends to host controlled evaluation programs focused on:

  • Adversarial drone detection and mitigation
  • Kinetic and non-kinetic counter-drone methodologies
  • Payload deployment validation
  • Drone-to-drone and air-to-ground engagement concepts
  • Human-in-the-loop and autonomous response testing

Testing scenarios are structured to simulate real-world security environments, including critical infrastructure, public venues, federal facilities, and defense-relevant operational contexts. Live-flight evaluations and operational data collection are expected to support product refinement, inform commercialization strategy, and accelerate agency procurement decisions.

Drone-to-Human NLR Deployment

In addition to counter-UAS validation, the site is expected to support structured drone-to-human deployment scenarios, including:

  • Deployment of pain-free, non-lethal tools from aerial platforms
  • Distraction and deterrence mechanisms
  • Controlled lawful intervention simulations
  • Tactical transition drills to prepare for officer readiness and force-continuum alignment

These exercises are designed to evaluate how aerial platforms can support earlier intervention in dynamic encounters while preserving lawful authority and reducing escalation risk.

Scalable In-Person NLR Training Headquarters

The Florida site is intended to serve as a recurring in-person training destination for domestic and international agencies implementing Wrap’s NLR doctrine.

Planned programs include:

  • Officer-level operational integration training
  • Instructor certification courses
  • Executive command briefings
  • Policy integration workshops
  • Scenario-based implementation laboratories

WOFT instructors plan to complete Wrap’s certified NLR Trainer program to expand Wrap-aligned instructional capacity and adhere to Wrap-approved doctrine and deployment standards. Unlike many traditional static training environments, the Florida facility emphasizes stress-based decision-making, repetition, scenario immersion, and integration of emerging drone-enabled capabilities into real-world workflows.

Federal Agency Evaluation and Market Acceleration

The facility is expected to support structured federal engagement initiatives, including:

  • Invitation-only evaluation events
  • Agency immersion demonstrations
  • Proof-of-concept validation programs
  • Operational data capture
  • Capability briefings for defense and federal stakeholders

We believe federal interest is increasingly centered on solutions that deliver:

  • Zero serious injury outcome profiles
  • Zero fatality deployment intent
  • Scalable drone-enabled platforms
  • Integration across aerial and ground systems

By consolidating training, testing, and validation into one operational environment, Wrap aims to position the Florida headquarters as a commercialization and adoption engine for next-generation non-lethal and counter-drone technologies.

Strategic Alignment and Partnership Structure

The partnership designates Wrap as lead partner for integrated solution determinations and provides for certain exclusivity protections from certain competitors during the term of the agreement. The agreement supports coordinated commercialization, joint validation efforts, and long-term alignment with Wrap’s product roadmap.

All Wrap product-related data, refinements, and derivative technology improvements remain exclusively owned by Wrap in accordance with the collaboration framework.

Building a Drone-Enabled Non-Lethal Response Ecosystem

Wrap’s long-term vision is to establish non-lethal technology as a foundational layer of lawful proactive response, whether deployed from:

  • An officer’s belt
  • A drone platform, or
  • A semi-autonomous or autonomous system

We believe the Florida-based integrated test and training headquarters marks a significant step toward unifying aerial systems, human response doctrine, and in-person officer training into a cohesive NLR ecosystem capable of scaling across domestic and federal markets.

“In our view, this initiative extends beyond facility expansion,” said Jared Novick, President of Wrap. “By combining integrated drone validation, counter-UAS testing, and certification-based officer training into a single operational platform, our goal is to accelerate adoption of lawful, proactive non-lethal capabilities across both ground and aerial domains.”

The facility is expected to begin hosting scheduled agency training programs and validation events in Q2 2026.

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 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 expected benefits and performance of the agreement with WOFT, 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

[email protected]

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