Wrap Technologies is a small, early-stage public safety technology company whose flagship product is the BolaWrap, a handheld non-lethal device that deploys a Kevlar tether to restrain a subject's arms or legs from a distance. The BolaWrap is designed as a pre-escalation tool for law enforcement — a way to gain physical control before a situation requires higher-force options like TASERs or batons. The device uses proprietary single-use cassettes consumed upon each deployment, creating a recurring consumable revenue stream alongside hardware sales. Beyond BolaWrap, Wrap offers WrapVision, a body-worn camera paired with a cloud-based digital evidence management platform; Wrap Reality, a VR-based scenario training platform for law enforcement; WrapTactics, a subscription-based digital tactical training platform; and MERLIN, an early-stage counter-drone program that adapts BolaWrap's tether technology for non-lethal drone interdiction. Wrap sells primarily to federal, state, and local law enforcement agencies, correctional facilities, and increasingly to federal and defense customers through its Wrap Federal subsidiary. Wrap distributes through a direct sales force and a distributor network covering all 50 U.S. states and over 60 countries. The company is pushing toward subscription-based program bundles — WrapReady and WrapPlus — that combine hardware, cassette replenishment, and digital training into multi-year contracts, with the goal of shifting from transactional hardware sales to recurring agency-wide programs.
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