Business UpdateJul 13, 2026, 07:02 AM
WRAP Secures $1.2M International Orders for Q3; ATF Ruling Boosts Outlook
AI Summary
Wrap Technologies, Inc. announced strong momentum entering Q3 2026, driven by $1.2 million in international orders from Brazil and India. This commercial activity, reflecting growing global demand, is independent of the increased interest following the landmark ATF Ruling 2026-2 on June 15, 2026. The ruling formally classified the BolaWrap 150 as an instrument of restraint, removing a significant regulatory barrier and potentially simplifying procurement and adoption. The company reaffirmed its target of approximately 100% year-over-year revenue growth for 2026, anticipating a strong second half.
Key Highlights
- Secured $1.2 million in international orders to open Q3 2026.
- Orders received from distributors in Brazil and India.
- ATF Ruling 2026-2 classified BolaWrap 150 as an instrument of restraint.
- Ruling removes a longstanding federal regulatory barrier for BolaWrap 150.
- Company reaffirms 100% year-over-year revenue growth target for 2026.
- BolaWrap 150 is currently used by over 1,000 agencies in 60 countries.
Price Impact
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