Wrap Technologies, Inc., traded on the OTC Markets under the ticker WRTC, is a public safety technology company focused on developing and commercializing non-lethal restraint solutions for law enforcement, security professionals and corrections agencies. Headquartered in Scottsdale, Arizona, the company’s flagship product, the BolaWrap® remote restraint device, deploys an entangling cord to safely contain or slow a subject from a distance, offering an alternative to more aggressive enforcement tools.
Originally founded in 2018, Wrap Technologies has designed its product line to address de-escalation and risk mitigation in high-tension encounters. The BolaWrap® device employs a motorized launcher that projects a Kevlar cord, which wraps around a subject’s legs or arms, temporarily inhibiting movement. This technology aims to reduce injuries associated with traditional physical restraint methods by providing officers with additional stand-off capabilities.
The company has extended its market reach across North America and into select international jurisdictions. Wrap Technologies works directly with municipal police departments, federal law enforcement agencies and private security firms, often partnering with other public safety equipment providers to integrate its non-lethal system into broader use-of-force protocols. Distribution channels include direct sales teams and authorized resellers, with ongoing efforts to secure regulatory approvals in new territories.
Leadership at Wrap Technologies is led by Chief Executive Officer Jim McEleney, whose background spans safety-critical industries, and supported by a board comprising professionals from the medical device and law enforcement sectors. The company continues to invest in product refinement and training programs, leveraging field feedback to enhance operational performance and user safety. Wrap Technologies remains committed to innovation in non-lethal tools that promote safer outcomes for officers and communities alike.
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