Wrap Technologies

Wrap Technologies, Inc. (Nasdaq: WRAP) is a leading global provider of advanced public safety solutions headquartered in Tempe, Arizona. The company integrates ultramodern technology, cutting-edge tools, and comprehensive services to address the complex challenges facing public safety organizations. Guided by a no-harm principle, Wrap Technologies is dedicated to developing groundbreaking solutions that empower public safety agencies. Its flagship product, the BolaWrap, is a patented, hand-held pre-escalation and remote restraint device that discharges a Kevlar tether to temporarily restrain uncooperative suspects and persons in crisis from a distance. The BolaWrap has been used over 1,000 times in the field by more than 1,000 police agencies across the United States and is available in over 60 countries through more than 30 international distributors. The company also offers a variety of holster options for the BolaWrap, including a Blackhawk Holster, a Dual Retention Holster, a Nylon Thigh Rig, and a Nylon Condor. Additionally, Wrap Technologies provides Wrap Reality, a fully immersive training simulator and comprehensive public safety training platform that offers first responders practice in methods of de-escalation, conflict resolution, and use-of-force. Wrap Reality includes over forty pre-scripted training modules and the ADAPT module, and the system is portable, setting up in 20 to 30 minutes. The company also offers Wrap Intrensic, a secure and efficient body-worn cameras and evidence collection and management solution enhanced by WrapAI, an advanced artificial intelligence integration designed to improve the capabilities of law enforcement agencies in analyzing and interpreting digital evidence. Wrap Technologies is publicly traded on the Nasdaq Stock Exchange under the stock symbol WRAP, has raised almost $10 million as of 2023, and has a market cap of approximately $250 million.