Wrap Technologies (WRAP) has received $1.2 million in international orders at the start of Q3 and reaffirmed its target of about 100% annual revenue growth in 2026, the company said Monday.
Distributors in Brazil placed orders on behalf of two public safety agencies, while a distributor in India submitted an additional order, Wrap Technologies said.
The company also said it continues to see increased customer interest following the Bureau of Alcohol, Tobacco, Firearms and Explosives' ruling classifying its BolaWrap 150 restraint device as an instrument of restraint rather than a firearm or "any other weapon."