$WRAP

WRAP TECHNOLOGIES, INC.

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Wrap Technologies, Inc. Partners with Vector to Advance Drone-Enabled Non-Lethal Response Solutions

Wrap Technologies, Inc. has partnered with Vector, a defense technology company, to develop advanced drone-enabled non-lethal and counter-UAS solutions for public safety and national security. The collaboration aims to integrate Wrap's non-lethal response platform with Vector's tactical hardware and training expertise, focusing on applications like remote restraint and human-in-the-loop counter-UAS systems. Both companies plan joint demonstrations and government affairs engagement to support the responsible adoption of these technologies.

Wrap Technologies (WRAP) Expands Presence in Canadian Public Safety Market

Wrap Technologies (WRAP) has received a significant inventory purchase order from its Canadian partner, Professional Security Products Corporation, to expand its Non-Lethal Responder (NLR) ecosystem in Canada. This order includes BolaWrap devices, WrapVision body-worn camera systems, and a pre-order for the Drone First Responder Interdiction platform. While the company is making strategic market moves, investors should be aware of its revenue growth challenges, negative net margin, and insider selling trends, reflected in its "Distressed" stock categorization.