How are energy investors positioned?
MIAMI - Wrap Technologies, Inc. (NASDAQ:WRAP), a $64 million market cap company currently trading near its 52-week low, announced Wednesday the launch of WrapTactics, a subscription-based digital learning platform designed to address skill degradation among law enforcement officers. According to InvestingPro analysis, the company maintains strong liquidity with a current ratio of 5.65, positioning it well for new product launches.
The new platform delivers short-form training modules focused on maintaining critical policing skills that research shows can deteriorate rapidly without regular reinforcement. According to the company, core defensive tactics can degrade within two weeks, while firearms proficiency and de-escalation practices are often refreshed only once or twice yearly at many agencies. For detailed insights into WRAP’s financial health and growth potential, including 7 additional ProTips, visit InvestingPro.
WrapTactics’ initial curriculum includes a BolaWrap 150 operator course, body-worn camera event reviews, and control tactics training. The platform is available as a standalone product or bundled with the company’s WrapReady and WrapPlus subscription offerings.
"WrapTactics represents both an innovation in officer readiness and a growth opportunity for our company," said Scot Cohen, Chief Executive Officer of Wrap, in a press release statement. "By delivering training as a recurring service, we have the potential to expand our market beyond devices into the multi-billion-dollar global training sector." This expansion comes as the company faces challenges, with revenue declining 55.48% over the last twelve months according to InvestingPro data.
The platform aims to make skill reinforcement more accessible and continuous for law enforcement agencies through burst learning modules—concise, focused lessons designed to improve retention—coupled with scenario-based applications.
Wrap Technologies specializes in non-lethal tools for law enforcement, with its flagship product being the BolaWrap 150, a restraint device used by over 1,000 agencies across the U.S. and in 60 countries, according to the company. The WrapTactics launch extends the company’s product ecosystem beyond physical devices into the training services sector.
In other recent news, Wrap Technologies announced its Q2 2025 earnings, showcasing a strategic shift toward new product offerings and cost reductions. The company reported a negative earnings per share (EPS) of -0.07 USD, with revenue for the quarter at 1,000,000 USD. Despite the negative EPS, Wrap Technologies noted significant improvements in operating efficiency and liquidity. Additionally, Wrap Technologies executed a securities purchase agreement with institutional investors for a $4.5 million private placement. This funding aims to advance its counter-drone technology programs and expand law enforcement offerings. The private placement includes 4,500 shares of Series B Preferred Stock convertible into 3 million common shares at $1.50 per share. Moreover, warrants to purchase an additional 3 million shares at the same price will expire five years from the date of stockholder approval. These developments indicate Wrap Technologies’ ongoing efforts to strengthen its financial position and expand its product portfolio.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.