Wrap Technologies, Inc., a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company develops BolaWrap 100, a hand-held remote restraint device that discharges an eight-foot bola style Kevlar tether to entangle a subject at a range of 10-25 feet. It operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 2016 and is headquartered in Tempe, Arizona.
IPO Year:
Exchange: NASDAQ
Website: wrap.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/11/2022 | $6.25 → $5.25 | Buy | Ladenburg Thalmann |
| 1/25/2022 | Buy → Hold | Maxim Group |
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MIAMI, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP), a global leader in non-lethal response and public-safety technology solutions, today announced the expansion of its partnership with the Law Enforcement Training and Advisory Council ("LETAC") to address public concerns following the recent launch of consumer and public safety targeted humanoid robotic systems. Wrap is proactively developing human centered non-lethal response and policy frameworks with the aim to protect the public as future autonomous systems rapidly evolve. With a blueprint and program designed to maintain human ethical control, Wrap intends to draw clearly defined parameters for accountabil
MIAMI, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP), a global leader in non-lethal response and public-safety technology solutions, today announced a landmark partnership with Law Enforcement Training Academies and Consulting (LETAC) USA by Eckberg Lammers, P.C., a premier public safety, school, and corporate policy and training authority, to co-develop the first known Non-Lethal Response: Machine-to-Man Policy Framework & Development initiative. We believe this partnership represents a historic step in shaping how autonomous and semi-autonomous systems interact safely, lawfully, and ethically with humans during high-stress encounters — from policing and federal
MIAMI, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in non-lethal public safety and unmanned aerial system (UAS) solutions, today announced a milestone in its modern defense: the first known air-to-air interdiction using the Company's patented BolaWrap® entanglement system. The test was conducted in partnership with Vector on the Vector Hammer drone platform. Wrap's patent-pending MERLIN-Interdictor payload and patented non-lethal BolaWrap 150 Kevlar tether and anchor cassette successfully neutralized a moving aerial target mid-flight, achieving interdiction in live conditions. We believe the result is a new paradigm
MIAMI, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in innovative non-lethal public safety technologies company, today announced that the Company's BolaWrap® Instructor Course has been recertified through the International Association of Directors of Law Enforcement Standards and Training (IADLEST) National Certification Program (NCP). Originally certified in 2023, this 2025 renewal indicates that Wrap's core non-lethal training curriculum continues to meet the national standard for police and corrections education established by IADLEST and adopted by Peace Officer Standards and Training (POST) organizations across the
MIAMI, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in non-lethal public safety and unmanned aerial system (UAS) solutions, today announced it released video footage from successful live-field testing of its MERLIN-Interdictor, one of the world's first Drone-First-Responder Interdiction (DFR-X) payload, conducted at the Mithril Defense headquarters in Austin, Texas. The controlled field trial demonstrated a consistent deployment success rate, supporting the MERLIN-Interdictor's ability to engage an armed subject using non-lethal BolaWrap® technology from an aerial platform. The test represents a significant milestone
MIAMI, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc, (NASDAQ:WRAP) ("Wrap" or, the "Company"), a global leader in innovative public safety technologies and non-lethal tools, today issues a letter to stockholders from Founder, Chairman and Chief Executive Officer, Scot Cohen. Dear Shareholders, Stakeholders, and Friends, Policing today is complex, messy, and deeply human — an unfortunate but often overlooked truth. Under the relentless pressures of modern society, that humanity too often gets lost amid headlines of excessive force and civil unrest. Even on the best days, when officers do everything right, encounters can still end in tragic and unintentional loss of life. Tase
MIAMI, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in non-lethal tools, training and policies, today announced the expansion of its Board of Directors to six (6) members and the appointment of John D. Shulman, Founder and Managing Partner of Juggernaut Capital Partners ("JCP"), to serve as a member of the Company's Board. John was part of the original outside investor group and continues to increase his exposure. In connection with this appointment, the Company also announced that Jerry Ratigan, who served as Chief Financial Officer, Principal Accounting Officer, and Principal Financial Officer, has mutually agreed wit
MIAMI, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in innovative public safety and unmanned systems technology, today announced the formation of Wrap Federal, LLC ("Wrap Federal") a wholly owned subsidiary of the Company dedicated to supporting U.S. federal government clients in the Department of Defense (DoD), Department of Homeland Security (DHS), and other federal agencies. The formation of Wrap Federal marks a significant milestone in the Company's ongoing transformation, establishing a dedicated operating entity intended to meet the strict compliance, contracting, and operational standards of the federal marketpla
MIAMI, Oct. 17, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in innovative public safety and unmanned aerial systems ("UAS") solutions, today unveiled the first known U.S. commercially available non-lethal drone first responder interdiction system, or Drone First Responder - X, DFR-X™ — a purpose-built payload that is designed to transform standard drones from passive observers into active, non-lethal public-safety tools. The new payload system integrates with third-party drone platforms with the aim of supporting local and federal law enforcement, and critical public safety missions in schools, communities, and public spaces. Wr
MIAMI, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in innovative public safety and unmanned aerial systems ("UAS") solutions, today announced the successful completion of Stage One of Phase II testing for its modular aerial defense system, Project MERLIN-1. Led by Michael Brown, Vice President of Product at Wrap, testing was conducted at Wrap's new U.S. manufacturing and research headquarters in Norton, Virginia, and an off-site test range in Raleigh, North Carolina. Stage One tests focused on validating critical design specifications, including housing size, remote flight, fixed control deployments, initial recoil mea
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Ladenburg Thalmann reiterated coverage of Wrap Technologies with a rating of Buy and set a new price target of $5.25 from $6.25 previously
Maxim Group downgraded Wrap Technologies from Buy to Hold
Ladenburg Thalmann initiated coverage of Wrap Technologies with a rating of Buy and set a new price target of $26.50
Maxim Group initiated coverage of Wrap Technologies with a rating of Buy and set a new price target of $11.00
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MIAMI, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in non-lethal tools, training and policies, today announced the expansion of its Board of Directors to six (6) members and the appointment of John D. Shulman, Founder and Managing Partner of Juggernaut Capital Partners ("JCP"), to serve as a member of the Company's Board. John was part of the original outside investor group and continues to increase his exposure. In connection with this appointment, the Company also announced that Jerry Ratigan, who served as Chief Financial Officer, Principal Accounting Officer, and Principal Financial Officer, has mutually agreed wit
MIAMI, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) ("Wrap" or the "Company"), a global leader in public safety and counter-drone technologies, today announced the appointment of Braden Frame as Chief Commercial Officer (CCO) of the Company. This appointment comes as the Company evolves beyond its flagship BolaWrap® device and introduces integrated subscription-based services and counter-unmanned aircraft system (C-UAS) solutions. These advancements are expected to position Wrap to serve law enforcement, private security, and the U.S. Department of Defense through scalable, recurring offerings designed to meet the complex demands of modern public safety and
MIAMI, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in innovative public safety and counter-UAS solutions, today announced the appointment of Joseph Cameron as Chief Revenue Officer. Cameron brings more than two decades of combined experience in law enforcement, union leadership, political advocacy, and public safety technology to the role. Cameron has extensive experience leading public safety technology companies — identifying government requirements, securing associated funding, and driving revenue growth across the ecosystem of public safety solutions. His deep knowledge of the legislative process is expected to
MIAMI, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a recognized innovator in public safety technology, today announced financial and operating results for the second quarter ended June 30, 2025. Financial Results: Cost Reduction Initiative Completed: Operating expenses in Q2 2025 were reduced by 26% compared to Q1 2025, decreasing to $3.3 million from $4.5 million, respectively, reflecting continued cost optimization across entire organization. On a year-to-date basis, operating expenses were reduced by 14% for the six months ended June 30, 2025 compared to the same prior year period, down to $7.9 million from $9.1 million, respectiv
MIAMI, July 02, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or, the "Company"), a global leader in pre-escalation and non-lethal public safety solutions, today announces the appointment of Todd Larson, EdD., MSL, FABC, as Strategic Advisor of the Company. Dr. Larson will guide the development of WrapTactics™, Wrap's advanced learning management system focused on elevating police training through integrated mindset conditioning, emotional regulation and tactical problem-solving. Dr. Larson brings over 30 years of experience in law enforcement, public safety innovation and education. His decorated 22-year tenure with the Scottsdale Police Department incl
MIAMI, June 24, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or, the "Company"), a global pioneer in innovative public safety technologies and services, today announced the appointment of Gerald "Jerry" Ratigan, seasoned finance executive, as the Company's new Chief Financial Officer. Mr. Ratigan brings over 20 years of experience leading financial strategy across public companies, capital markets, investment banking and performance-focused advisory roles. Mr. Ratigan's background includes extensive work in both international and domestic publicly traded environments, where Mr. Ratigan has consistently driven financial modernization and organizational agility. M
WRAP Expands Capabilities: Leveraging Investigative Expertise in Financial Crimes, Crypto and Cybersecurity to Commercialize Managed Services Offering MIAMI, March 27, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc, (NASDAQ:WRAP) ("Wrap" or, the "Company"), a global leader in innovative public safety technologies and non-lethal tools, today announced the appointment of Robert Heuchling as Managing Director of the Company, bringing over 15 years of experience from the Federal Bureau of Investigation ("FBI") and providing advisory services to the Company's executive team. Wrap plans to expand its managed service business lines, with Mr. Heuchling expected to play a key role in commercia
MIAMI, March 25, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies (NASDAQ:WRAP) ("Wrap" or, the "Company"), a global leader in innovative public safety technologies and non-lethal tools, today announced the appointment of Stephen M. Renna as a Strategic Advisor to the Company. Mr. Renna brings more than 35 years of executive experience in both public and private sectors and will focus on international expansion, with an emphasis on Made-in-USA exports and financing strategies through U.S. government resources. A seasoned expert at the intersection of business and government, Mr. Renna served as Chief Banking Officer at the U.S. Export-Import Bank (EXIM), where he led the execution of trad
MIAMI, March 20, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or, the "Company") today announced the appointment of Joseph R. Bonavolonta as Domestic Head of Managed Services of the Company, bringing over 27 years of experience from the Federal Bureau of Investigation ("FBI") to the Company's management team. Mr. Bonavolonta, who culminated his distinguished FBI career as Special Agent in Charge (SAC) of the Boston Field Office, led one of the agency's largest divisions, overseeing high-profile criminal and national security investigations. His leadership extended to managing Joint Terrorism Task Forces, Safe Streets Gang and Violent Crime Task Forces, and dire
NORTON, Va., March 12, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or, the "Company") is pleased to announce the promotion of Jared Novick to President and Chief Operating Officer of the Company. Under his leadership, Wrap expects to launch a new wave of efficiency-driven public safety offerings designed to support law enforcement and federal agencies. This expansion aligns with Wrap's recent relocation of its manufacturing headquarters to Virginia, a move recognized by Virginia Governor Glenn Youngkin in November 2024. With plans to establish offices near Washington, D.C., the new location strengthens Wrap's pursuit of U.S. Federal government contracts and expan
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MIAMI, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in innovative public safety technologies and non-lethal tools, today announced it plans to hold a conference call on Wednesday, November 12, 2025, at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to discuss its financial and operational results for the three months ended September 30, 2025. The financial and operational results are expected to be announced in a press release before the call. Wrap management will host the presentation, followed by a question-and-answer period. If interested, you may submit questions to the Company before the call at [email protected] by
MIAMI, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc, (NASDAQ:WRAP) ("Wrap" or, the "Company"), a global leader in innovative public safety technologies and non-lethal tools, today announces it plans to hold a conference call on Thursday, August 14, 2025 at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to discuss its financial and operational results for the three months ended June 30, 2025. The financial and operational results are expected to be issued in a press release prior to the call. Wrap management will host the presentation, followed by a question-and-answer period. Interested parties may submit questions to the Company prior to the call at [email protected] by 5:
MIAMI, May 15, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc, (NASDAQ:WRAP) ("Wrap" or, the "Company"), a global leader in innovative public safety technologies and non-lethal tools, today announced financial and operating results for the first quarter ended March 31, 2025. Q1 2025 Financial Results: Cash increased to $6.2 million, up from $3.6 million in Q1 2024Margins increased over 21 points from 56.6% in Q1 2024 to 77.8% in Q1 2025, with cost of revenue decreasing 73.4%, from $640 thousand to $170 thousand, respectively.Operating loss improved 5.2%, from $(4.1) million in Q1 2024 to $(3.9) million in Q1 2025.Q1 2025 revenue was $765 thousand.Net income was $109 thousand in Q1 2025
MIAMI, May 13, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc, (NASDAQ:WRAP) ("Wrap" or, the "Company"), a global leader in innovative public safety technologies and non-lethal tools, today announces it plans to hold a conference call on Friday, May 16, 2025, at 9:15 a.m. Eastern Time (6:15 a.m. Pacific Time) to discuss its financial and operational results for the three months ended March 31, 2025. The financial and operational results are expected to be issued in a press release prior to the call. Wrap management will host the presentation, followed by a question-and-answer period. Interested parties may submit questions to the Company prior to the call at [email protected] by 5:00 p.m. Ea
MIAMI, March 24, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or, the "Company") today announced it will hold a conference call on Monday, March 31, 2025 at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to discuss its financial and operational results for the fourth quarter and full year ended December 31, 2024. Wrap management will host the presentation, followed by a question-and-answer period. Interested parties may submit questions to the Company prior to the call at [email protected] by 5:00 p.m. Eastern Time on March 28, 2025. Questions will be addressed based on the relevance to the Company's strategic direction and execution, stockholder base and public
This news follows: Wrap Unveils Managed Safety and Response (MSR) Connected Ecosystem in Virginia TEMPE, Ariz., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies (NASDAQ:WRAP) ("Wrap" or, the "Company") today announced it has completed the acquisition of W1 Global, LLC ("W1") a preeminent professional services and consulting firm led by an executive team of former high-ranking law enforcement and U.S. Intelligence Community professionals, with deep competencies in complex international criminal investigation, regulatory matters and compliance issues. The acquisition of W1 is expected to increase Wraps access to the skill and experience of this distinguished group, as well as expand the
TEMPE, Ariz., April 15, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), the makers of BolaWrap and the innovative public safety solutions platform powered by artificial intelligence ("AI"), virtual reality and data, today provided an update on its ongoing operations and announced its schedule for reporting financial results. The Company is also pleased to share operational highlights from recent quarters and confirms that no financial restatements are anticipated. Financial Results Timing Update: Wrap currently expects to release fourth quarter and full year 2023 results in the coming weeks, followed by its first quarter 2024 earnings.The Com
TEMPE, Ariz., March 25, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in innovative public safety technologies and services, today announced that it will set a new date for the issuance of its financial results and investor conference call related to the fourth quarter and full year 2023, which had previously been scheduled for March 28, 2024. The Company will use the additional time to complete its year-end reporting process. About Wrap Wrap Technologies, Inc. (NASDAQ:WRAP) is a leading global provider of advanced public safety solutions, integrating ultramodern technology, cutting-edge tools, and comprehensive services to addr
TEMPE, Ariz., March 07, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in innovative public safety technologies and services, will hold a conference call on Thursday, March 28th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial and operational results for the last quarter of 2023, which ended December 31, 2023. Financial and operational results will be issued in a press release prior to the call on the same day. Wrap management will host the presentation, followed by a question-and-answer period. Interested parties may submit questions to the Company prior to the call at [email protected]
TEMPE, Ariz., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in innovative public safety technologies and services, today announced financial and operating results for the third quarter ended September 30, 2023. Third Quarter and Recent Highlights Record quarterly revenue driven by strong international orders in the North African region.Full deployment order for BolaWrap 150 from a large domestic agency in the Mid-Atlantic.Second consecutive record quarter for Wrap Reality sales.Continued development of new Wrap Reality scenarios on a monthly basis.Successful integration of Wrap Intrensic, enhancing our Body-Worn Camer
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