Wrap Technologies Expands Manufacturing Partnership with K-Form

Written by Emily J. Thompson, Senior Investment Analyst

Updated: Feb 26 2026

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Should l Buy WRAP?

Wrap Technologies announced an expansion of the scope of its manufacturing partnership with K-Form, intended to accelerate development and production of Wrap's drone-based non-lethal systems, MERLIN-1, including its Drone First Responder Interdiction, DFR-X, platform. Wrap has formally signed purchase orders for multiple DFR-X systems, marking what the Company believes to be a key milestone in the commercialization of its drone-deployable non-lethal capabilities. The expanded collaboration with Kform is expected to support rapid prototyping, engineering refinement, precision manufacturing, and scalable production of these advanced systems.

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About WRAP

Wrap Technologies, Inc. is a global public safety technology and services company that delivers policing solutions to law enforcement and security personnel worldwide. Its products, services and solutions include BolaWrap Remote Restraint Device, Wrap Reality, and Wrap Intrensic. The BolaWrap Remote Restraint Device is a hand-held remote restraint device that discharges a seven and half-foot Kevlar tether to entangle an individual at a range of 10-25 feet. BolaWrap assists law enforcement to control encounters early without resorting to painful force options. Wrap Reality is a law enforcement three-dimensional training system employing computer graphics virtual reality (VR) with software-enabled content. Wrap Intrensic is a Body-Worn Camera (BWC) and Digital Evidence Management (DEM) solutions provider. BWC and DEM are engaged in capturing, storing, and managing digital evidence for various purposes, including criminal investigations and maintaining transparency in public interactions.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Wrap Launches Non-Lethal Response Training Program

2 days agoNewsfilter

Program Launch: Wrap Technologies has introduced the Master Trainer Instructor Program at WOFT in Florida, aimed at enhancing law enforcement's non-lethal response capabilities, which is expected to significantly improve safety and effectiveness in policing operations.
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Technology Integration and Application: By partnering with Storm Training Group, Wrap combines non-lethal response technologies with real-world training, assisting officers in effectively reducing injuries and improving public safety during high-risk encounters.
Future Development Plans: Wrap plans to expand future training cycles to include broader operational concepts such as Drone-as-First-Responder and Counter-UAS applications, further promoting the application of non-lethal systems and enhancing law enforcement efficiency.

Wrap Technologies Expands Operations into Panama

Mar 05 2026Newsfilter

Strategic Partnership: Wrap Technologies has formed an exclusive partnership with Servicios Tácticos de Seguridad S.A. to promote its non-lethal response technologies in Panama, including the BolaWrap® 150, which is expected to significantly enhance local public safety technology integration.
Market Demand Response: As a regional logistics and maritime hub, Panama has increasing demands from security stakeholders for advanced technology and training, and this collaboration aims to meet those needs by providing integrated solutions, thereby strengthening Wrap's competitiveness in the Latin American market.
Product Demonstrations and Training: Wrap and STS plan to conduct product demonstrations and operational training in Q2 2026, aimed at showcasing Wrap's technological capabilities to law enforcement and national security leaders, which is expected to facilitate rapid adoption and usage by customers.
Global Expansion Strategy: This partnership represents a significant step in Wrap's international growth strategy in Latin America, as it aims to accelerate the adoption of its non-lethal technologies by collaborating with experienced local integrators to enhance public safety organizations' response capabilities.

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Mar 02 2026stocktwits

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Positive Market Reaction: Following the announcement of the new center, WRAP's stock traded over 7% higher in Monday's premarket, although retail investor sentiment remains in 'bearish' territory, indicating cautious market outlook on the company's prospects.
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Wrap Technologies Launches Drone Testing Headquarters in Florida

Mar 02 2026Newsfilter

Strategic Partnership: Wrap Technologies has signed a strategic partnership agreement with WOFT, LLC in Florida to establish an integrated drone testing and non-lethal response training headquarters, addressing the growing interest from U.S. federal and national security stakeholders in non-lethal technologies, thereby enhancing the company's market position in public safety.
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Training and Evaluation: The center will offer regular training programs for domestic and international agencies, including operational integration training and policy integration workshops, emphasizing stress-based decision-making and scenario immersion to enhance officers' response capabilities and decision quality.
Market Acceleration and Evaluation: Wrap plans to support structured federal engagement initiatives through the facility, conducting proof-of-concept validations and capability briefings, aiming to position non-lethal technology as a foundational layer of lawful proactive response, thus driving market acceptance of next-generation non-lethal and counter-drone technologies.