Wrap Technologies, Inc. WRAP

Company Overview

Wrap Technologies, Inc. is a public safety technology company focused on law enforcement and security solutions designed to support de-escalation, restraint, and officer training. The company operates primarily within the public safety, law enforcement technology, and security equipment industries. Its principal product platform is the BolaWrap remote restraint device, which deploys a Kevlar tether to temporarily restrain individuals from a distance in an effort to reduce the likelihood of injury during encounters. Wrap Technologies also markets virtual reality-based law enforcement training solutions through its Wrap Reality platform and related services.

The company’s revenue is primarily driven by sales of restraint devices, cartridges, accessories, training services, and software-enabled simulation products to police departments, correctional institutions, and security organizations. Wrap Technologies was founded in 2016 and is headquartered in Tempe, Arizona. Since its formation, the company has positioned itself around non-lethal policing tools and integrated training systems intended to align with evolving public safety standards and de-escalation practices. Its strategic differentiation has centered on combining hardware restraint technology with immersive training capabilities for law enforcement agencies.