Wrap Technologies Inc. announces exclusive U.S. and NATO rights to AI-based drone detection technology to enhance public safety solutions.
Quiver AI Summary
Wrap Technologies Inc. announced its inclusion in an editorial published by NetworkNewsWire, highlighting the evolving challenges in public safety due to advances in drone technology. As traditional methods become inadequate against new threats, Wrap Technologies has partnered with Israeli AI-sensing company Frenel Imaging Ltd. to secure exclusive distribution rights to innovative imaging technology capable of detecting silent drones. This technology will be central to WrapShield, their new counter-drone platform. Wrap's offerings include the non-lethal BolaWrap 150 for law enforcement, designed to enhance officer safety and reduce escalation, as well as training and evidence management systems like WrapReality and WrapVision. These developments emphasize Wrap Technologies' commitment to providing advanced, non-lethal solutions for public safety in response to contemporary threats.
Potential Positives
- Wrap Technologies Inc. has secured exclusive United States and NATO distribution rights to advanced physics-based imaging technology through a strategic transaction, positioning the company competitively in the counter-drone market.
- The introduction of WrapShield, a new counter-UAS platform, demonstrates the company's commitment to innovating public safety technologies and addressing the evolving threats faced by law enforcement and military operations.
- The BolaWrap 150 device's innovative non-lethal approach to law enforcement promotes safer outcomes, enhancing Wrap's reputation in the public safety sector.
Potential Negatives
- The press release's heavy reliance on a partnership with Frenel Imaging Ltd. might indicate Wrap Technologies' vulnerability in securing innovative technology independently, potentially raising concerns about their internal capabilities.
- The mention of pervasive drone-related challenges in public safety, including specific incidents at sensitive locations, may highlight the lack of effective solutions currently available and indirectly question the adequacy of Wrap's offerings in addressing such urgent threats.
- The extensive disclaimer at the end of the release may undermine investor confidence by emphasizing the risks associated with the company's forward-looking statements, suggesting uncertainty about future performance or developments.
FAQ
What is the focus of the latest Wrap Technologies press release?
The press release highlights Wrap Technologies' placement in an editorial by NetworkNewsWire discussing their autonomous public-safety technology.
How does Wrap Technologies address modern public safety challenges?
Wrap Technologies utilizes innovative non-lethal tools like the BolaWrap 150 and advanced counter-UAS systems to enhance public safety.
What technology has Wrap secured for drone detection?
Wrap Technologies has exclusive U.S. and NATO distribution rights to Frenel Imaging's physics-based imaging technology for early drone threat detection.
What is the BolaWrap 150 and its purpose?
The BolaWrap 150 is a non-lethal tool designed to assist law enforcement in managing non-compliant subjects with minimal injury risk.
How does Wrap Technologies support training for public safety organizations?
Wrap Technologies offers the WrapReality immersive training platform to enhance decision-making skills under stress for first responders.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$WRAP Insider Trading Activity
$WRAP insiders have traded $WRAP stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $WRAP stock by insiders over the last 6 months:
- ELWOOD G NORRIS has made 0 purchases and 7 sales selling 337,115 shares for an estimated $707,915.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$WRAP Revenue
$WRAP had revenues of $1.4M in Q4 2025. This is an increase of 62.31% from the same period in the prior year.
You can track WRAP financials on Quiver Quantitative's WRAP stock page.
You can access data on WRAP stock through the Quiver Quantitative API.
$WRAP Hedge Fund Activity
We have seen 22 institutional investors add shares of $WRAP stock to their portfolio, and 19 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MARSHALL WACE, LLP added 169,643 shares (+502.6%) to their portfolio in Q1 2026, for an estimated $261,250
- RENAISSANCE TECHNOLOGIES LLC added 159,862 shares (+101.9%) to their portfolio in Q1 2026, for an estimated $246,187
- UBS GROUP AG removed 137,737 shares (-62.6%) from their portfolio in Q1 2026, for an estimated $212,114
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 112,376 shares (-48.0%) from their portfolio in Q1 2026, for an estimated $173,059
- CITADEL ADVISORS LLC added 105,109 shares (+inf%) to their portfolio in Q1 2026, for an estimated $161,867
- LPL FINANCIAL LLC added 99,945 shares (+95.5%) to their portfolio in Q1 2026, for an estimated $153,915
- GROUP ONE TRADING LLC removed 75,973 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $116,998
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- via NetworkNewsWire (“NNW”) — Wrap Technologies Inc. (NASDAQ: WRAP) today announces its placement in an editorial published by NetworkNewsWire (“NNW”), one of 75+ brands within the Dynamic Brand Portfolio @ IBN ( InvestorBrandNetwork ) , a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community.
To view the full publication, “Lock the Sensor, Lock the Response: The Power of Building the Autonomous Public-Safety Stack,” please visit: https://ibn.fm/xGVWf
The threats confronting law enforcement, military commands and critical infrastructure operators have crossed a threshold. They can no longer be addressed by adding personnel or deploying faster versions of existing equipment. Commercial drones that once required nation-state budgets can now be purchased off a consumer shelf for under $500 and are transforming the public-safety landscape. Criminal organizations deploy the devices against border law enforcement, correctional facilities report drone-delivered contraband as a routine operational problem, and Langley Air Force Base, among the most secure military installations in the United States, was forced to halt flight operations by repeated drone incursions for which no adequate nonlethal response protocol existed. The safety-response infrastructure the world was built on is no longer adequate for the threat environment it faces. That gap is the defining public-safety challenge of this decade.
In this context, Wrap Technologies Inc. has secured something its counter-drone competitors cannot buy: the ability to detect the drones that have learned to go silent. Through a strategic transaction with Israeli AI-sensing company Frenel Imaging Ltd., WRAP has secured exclusive United States and NATO distribution rights to the physics-based imaging technology that detect threats earlier, orchestrates a response, and acts with proportionate, mission-appropriate action. WRAP has placed that technology at the perception core of WrapShield, its new counter-UAS and autonomous public-safety platform. Counter-UAS is the entry point, with room to grow far beyond that.
About Wrap Technologies Inc.
Wrap Technologies is 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(R) 150 device, Wrap Reality(R) immersive training platform, WrapVision(TM) body-worn camera system, WrapTactics(TM) training programs, and next-generation C-UAS solutions such as 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.
With a growing demand for non-lethal tools and techniques to create time, distance and tactical advantage in noncriminal calls, Wrap’s BolaWrap 150 incorporates a multisensory distraction of sight and sound as a first response, followed by a non-lethal restraint if further escalation is required. This approach reduces the risk of injury to officers, subjects, and the community.
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 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 more than 1,000 agencies across the United States and in 60 additional 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(TM) 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.
NOTE TO INVESTORS: The latest news and updates relating to WRAP are available in the company’s newsroom at https://ibn.fm/WRAP
For more information about Wrap Technologies, visit the company’s website at www.Wrap.com .
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