Wrap Technologies, Inc. (NASDAQ:WRAP) ("WRAP" or the "Company"), a global public safety technology company delivering intelligent detection, orchestration and response solutions designed for the next generation of autonomous public safety, today announced that it has entered the third quarter of 2026 with momentum, driven by international orders from customers in Brazil and India, which management believes provides an early commercial foundation for the quarter and reflects growing worldwide demand for the Company’s non-lethal public safety technologies.
Momentum from International Orders to Open Q3
WRAP received international orders totaling approximately $1.2 million to open the third quarter. In Brazil, distributors placed orders on behalf of two public safety agencies, and a distributor in India placed an additional order. These orders were booked as WRAP entered the third quarter, with the associated revenue expected to be recognized in the period.
These bookings underscore continued international adoption of the BolaWrap 150. Management believes repeat purchasing activity across the Company’s international base is particularly meaningful, as it reflects customers moving beyond initial evaluations to expand deployments following operational experience with the product.
2026 Growth Outlook
WRAP reaffirms its previously stated target of approximately 100% year-over-year revenue growth in 2026, reflecting management’s current expectations regarding international adoption, repeat customer activity, improving regulatory conditions, and a growing commercial pipeline.