Wrap Technologies Expands Public Safety Platform with WrapShield, Backed by $12 Million in Growth Capital

Wrap Technologies Inc. (NASDAQ: WRAP) is expanding its public safety technology strategy around WrapShield(TM), an architecture designed to connect detection, decision-making, response, training, and digital evidence management across multiple security environments. The company’s portfolio includes BolaWrap(R) 150, WRAP Vision(TM), WRAP Tactics(TM), and WRAP Reality(TM), and WRAP is seeking to integrate these offerings into a unified operating layer between perception and response. For Texas, where WRAP is based, this development underscores the state’s growing role as a hub for innovative public safety solutions that could have national and international implications.

The company recently closed an equity offering that generated approximately $12 million in growth capital, which it plans to use for working capital, business expansion, and development of opportunities in enterprise safety, federal and defense markets, and internationally. This injection of capital is significant because it positions WRAP to accelerate the deployment of WrapShield and related technologies, potentially creating jobs and attracting further investment to the Texas tech ecosystem. As detailed in a recent article available at https://ibn.fm/xhK60, the company is also developing WrapShield to incorporate advanced technologies such as remote sensing, passive RF detection, counter-UAS capabilities, and thermal polarimetric imaging through a relationship with Frenel Imaging. These features could enhance threat detection and response in both public and private sectors, from law enforcement to commercial security.

Partnerships including XINSURANCE are intended to broaden potential applications in private security and commercial settings. Such collaborations highlight how WRAP’s technology could extend beyond traditional law enforcement, offering scalable solutions for businesses seeking to protect assets and personnel. This matters because it signals a shift toward more integrated, non-lethal response systems that prioritize accountability and trustworthiness—principles at the core of WrapShield. The platform builds on the foundation of BolaWrap(R), the company’s flagship restraint tool deployed across more than 1,000 agencies in over 60 countries. By integrating detection, classification, command-and-control, and non-lethal response into a single architecture, WRAP aims to reduce risks and improve outcomes in high-stakes situations.

Investors and industry observers can track the latest news and updates relating to WRAP in the company’s newsroom at https://ibn.fm/WRAP. The broader communications support for this announcement comes through TechMediaWire, a specialized platform focused on pioneering public and private companies driving the future of technology. TechMediaWire is one of 75+ brands within the Dynamic Brand Portfolio at IBN, which delivers access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries.

The implications for Texas are notable. As WRAP continues to develop and commercialize WrapShield, it could strengthen the state’s reputation as a leader in public safety innovation, attract talent, and spur economic activity. Moreover, the focus on non-lethal and accountable technologies aligns with broader societal demands for safer, more transparent policing and security practices. For businesses in private security and commercial settings, the expansion of WRAP’s portfolio could offer new tools to manage risks without resorting to lethal force. As the company pursues opportunities in federal, defense, and international markets, its success could also elevate Texas as an exporter of advanced safety technologies. For more information about TechMediaWire and its services, including editorial syndication to 5,000+ outlets, visit the platform’s website. The full terms of use and disclaimers are available at https://www.TechMediaWire.com/Disclaimer.