Lets Talk Finances

Provoking Discussion on Personal Finance and Investing

WRAP - Wrap Technologies, Inc. ()

Overview

Company Summary


Wrap Technologies, Inc. (WRAP) is a global leader in innovative security technologies. The company primarily focuses on developing and manufacturing non-lethal restraint devices for law enforcement, military personnel, and private security firms.

The flagship product of Wrap Technologies is the BolaWrap� Remote Restraint device. This handheld device deploys a proprietary cord with barbed ends to effectively and safely immobilize individuals from a distance of up to 25 feet. Unlike traditional methods such as batons, tasers, or physical force, the BolaWrap� is designed to provide a humane and non-lethal alternative for controlling subjects while minimizing the risk of injury or escalation.

The BolaWrap� device is powered by a nitrogen cartridge and can be quickly and easily deployed, providing law enforcement officers with an additional tool to safely apprehend individuals in various situations. It is particularly useful in instances where there is a need to de-escalate potentially dangerous encounters without resorting to higher levels of force.

Wrap Technologies also strives to educate and train law enforcement agencies on the proper use and benefits of their products. They often host training events, seminars, and demonstrations to familiarize officers with the BolaWrap� device and its applications.

In summary, Wrap Technologies, Inc. develops and manufactures non-lethal remote restraint devices, with the BolaWrap� being its flagship product. The company aims to provide law enforcement and security personnel with a safe, effective, and humane alternative for controlling subjects and enhancing public safety.

Notes (see all)

News