Wrap Technologies Inc. (NASDAQ: WRAP) Position in Global Safety Space Strengthened with Recent ATF Ruling
NEW YORK, July 09, 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, "Federal Ruling Changes Economics of Nonlethal Law Enforcement," please visit: https://ibn.fm/SQDXI
American law enforcement is in the middle of a legal and cultural reckoning over use of force. Courts are demanding more from officers before they reach for traditional weapons, and the Supreme Court’s unanimous 2025 ruling in Barnes v. Felix has made that demand structurally unavoidable: Every use-of-force decision must now be evaluated against the full context of the encounter, not just the moment it occurred. That legal shift is creating real procurement demand for tools that give officers options earlier in an encounter, before the situation reaches the force threshold that generates liability.
Wrap Technologies Inc. builds exactly those tools, and last week the company received a ruling from the Bureau of Alcohol, Tobacco, Firearms and Explosives ("ATF") that may be the single most consequential development in its commercial history: ATF Ruling 2026-2 formally classified the BolaWrap(R) 150 as an instrument of restraint — not a firearm, not a weapon — under both the Gun Control Act and the National Firearms Act. The ruling strengthens Wrap Technologies’ position among other tech leaders operating in the global public-safety space.
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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