Wrap Technologies (NASDAQ:WRAP) (NASDAQ: WRAP) is a public safety technology company specializing in the development and commercialization of non-lethal use-of-force devices. Founded in 2016 and headquartered in Scottsdale, Arizona, Wrap Technologies emerged from a desire to provide law enforcement and security professionals with safer alternatives to traditional restraint methods. The company’s mission centers on reducing the risk of injury to both officers and suspects through innovative, less-lethal intervention tools.
At the core of Wrap Technologies’ product portfolio is the BolaWrap®, a handheld remote restraint device designed to wrap a soft tether around a subject from a distance of up to 25 feet. The BolaWrap discharges a Kevlar® line at speeds exceeding 170 miles per hour, allowing officers to gain control of subjects without close contact. In addition to the flagship BolaWrap, the company offers the X2™ model—a dual-shot platform enabling officers to deploy two rounds without reloading—and the BolaPrint® evidence collection system, which captures tether trace evidence for investigative purposes.
Complementing its hardware offerings, Wrap Technologies provides comprehensive training programs covering device operation, de-escalation techniques, and policy integration. Its customer support services include online resources, refresher training modules, and maintenance support to ensure consistent readiness in the field. The company’s data analytics platform aggregates deployment data, helping agencies track usage patterns, monitor outcomes, and refine use-of-force policies over time.
Wrap Technologies serves a broad range of clients across the United States at the federal, state, and local levels, as well as select international markets in Europe, Asia, and the Middle East. Under the leadership of President and CEO Richard Byrne, the company continues to expand its global footprint and forge partnerships with law enforcement agencies, correctional facilities, and private security firms. Guided by a commitment to innovation and public safety, Wrap Technologies remains focused on driving the adoption of less-lethal technologies worldwide.