Wrap Technologies, Inc. (NASDAQ: WRAP) announced it has entered the third quarter of 2026 with approximately $1.2 million in international orders from customers in Brazil and India, with the associated revenue expected to be recognized during the quarter. The orders reflect expanding international adoption of the company's BolaWrap 150 restraint device and were secured before increased customer interest following a recent ATF ruling that classified the product as an instrument of restraint rather than a firearm or “any other weapon.”
According to the company, the combination of repeat international orders, growing global demand, and the favorable regulatory change positions Wrap for a potentially strong second half of 2026. Wrap reaffirmed its target of approximately 100% year-over-year revenue growth for 2026, citing expanding international deployments, repeat customer activity, and a growing commercial pipeline.
The BolaWrap 150 is a non-lethal restraint device that deploys a multi-sensory distraction of sight and sound as a first response, followed by a non-lethal restraint if further escalation is required. It is designed to reduce the risk of injury to officers, subjects, and the community. The device is used by over 1,000 agencies across the U.S. and in 60 countries, and its training is certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST).
The recent ATF ruling is a significant regulatory milestone, as it removes ambiguity about the product's classification. This could accelerate adoption among law enforcement agencies that were previously hesitant due to legal concerns. The orders from Brazil and India highlight growing international demand, and the company expects this momentum to continue throughout the year.
Wrap's complete public safety portfolio also includes the Wrap Reality immersive training platform, WrapVision body-worn camera system, WrapTactics training programs, and next-generation C-UAS solutions like PAN-DA and the 1KC Kinetic Anti-Drone Cassette. WrapVision, powered by IONODES, boasts streamlined cloud integration and a made-in-America roadmap projected for early 2026, addressing concerns over unauthorized access or foreign surveillance risks.
The company's ability to secure orders before the full impact of the ATF ruling suggests that the regulatory change could further boost sales in the coming quarters. For investors, the 100% year-over-year revenue growth target underscores management's confidence in the company's trajectory. However, achieving this target will depend on continued international expansion and the successful conversion of the commercial pipeline.
For more information, visit the company's newsroom at https://ibn.fm/WRAP.
