Wrap Technologies, Inc. (NASDAQ: WRAP) announced it 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 company said the orders reflect expanding international adoption of its BolaWrap 150 restraint device and were secured before increased customer interest following the recent ATF ruling classifying the product as an instrument of restraint rather than a firearm or “any other weapon.”
Wrap said the combination of repeat international orders, growing global demand and the favorable regulatory change positions the company for a potentially strong second half of 2026. The company 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. For more details, refer to the full press release at https://ibn.fm/4PKTZ.
The ATF ruling is a significant development for Wrap Technologies, as it clarifies the regulatory status of the BolaWrap 150, potentially easing concerns for law enforcement agencies considering adoption. By classifying the device as an instrument of restraint rather than a firearm, the ruling may reduce legal and procurement hurdles, encouraging broader adoption in the U.S. and internationally. This regulatory clarity could accelerate sales cycles and open new markets that previously hesitated due to weapon classification concerns.
Wrap’s BolaWrap 150 is a non-lethal restraint device that deploys a tether to temporarily restrain individuals, aiming to reduce injuries during encounters. The device is used by over 1,000 agencies across the U.S. and in 60 countries. The company’s portfolio also includes the Wrap Reality immersive training platform, WrapVision body-worn camera system, and other public safety technologies. The international orders from Brazil and India underscore growing global demand for non-lethal solutions in law enforcement.
Investors are likely to view the combination of 100% revenue growth guidance, favorable regulatory news, and repeat international orders as positive indicators for Wrap’s trajectory. The company’s focus on non-lethal technologies aligns with broader societal calls for de-escalation tools in policing. As more agencies seek alternatives to traditional force options, Wrap’s products could see increased adoption, particularly if the ATF ruling encourages U.S. departments to pilot the device.
However, the company faces challenges common to growth-stage public safety tech firms, including competition, market adoption rates, and the need for sustained government contracts. The $1.2 million in international orders is a modest but meaningful start to the quarter, and meeting the 100% growth target will require continued expansion across multiple regions and customer segments. Wrap’s ability to convert its commercial pipeline into recurring revenue will be critical in the coming months.
For further updates on WRAP, visit the company’s newsroom at https://ibn.fm/WRAP.
