Wrap Technologies partners with LETAC to develop robotic safety frameworks

MIAMI - Wrap Technologies, Inc. (NASDAQ:WRAP) announced Friday it has expanded its partnership with the Law Enforcement Training and Advisory Council (LETAC) to develop non-lethal response frameworks and policies for future autonomous and humanoid robotic systems in public safety. The company, with a market capitalization of $115.38 million, has seen its stock price decline by 20.28% over the past week, though it maintains a strong 46.41% return over the last year, according to InvestingPro data.

While no humanoid robots are currently deployed in public safety, the company is taking a proactive approach to establish ethical guidelines before such technology becomes widespread. The initiative aims to create standards ensuring human oversight remains central to any autonomous system deployment.

The framework being developed emphasizes maintaining human judgment as the ultimate authority and integrating non-lethal doctrine into machine behavior parameters. Key focus areas include establishing ethical use-of-force thresholds, ensuring human decision-making oversight, maintaining data integrity, and prioritizing non-lethal intervention standards.

"We believe their eventual introduction is inevitable," the company stated regarding humanoid robots in public safety, according to the press release.

Wrap Technologies, known for its BolaWrap 150 non-lethal restraint device, is expanding beyond physical tools to developing comprehensive policy frameworks. The company’s existing product portfolio includes the WrapReality immersive training platform, WrapVision body-worn camera system, and WrapTactics training programs.

The collaboration aims to position Wrap and LETAC as thought leaders in defining ethical autonomy standards for public safety technology. The initiative reflects the company’s stated commitment to ensuring advanced technology strengthens rather than replaces human control in law enforcement situations.

Wrap Technologies trades on the Nasdaq under the ticker WRAP. The announcement comes as various technology companies have recently introduced consumer and public safety-targeted humanoid robotic systems.

In other recent news, Wrap Technologies has announced several key developments. The company unveiled the first commercially available non-lethal drone interdiction system in the United States, known as DFR-X, which integrates their BolaWrap technology into drone-mounted payloads. Additionally, Wrap Technologies has successfully completed its first air-to-air interdiction using the BolaWrap entanglement system, demonstrating the capability to neutralize moving aerial targets. The company has also formed a federal subsidiary, Wrap Federal, LLC, to target U.S. government contracts, aiming to meet federal compliance standards and collaborate with prime contractors.

In corporate governance updates, John D. Shulman, founder of Juggernaut Capital Partners, has been appointed to the board of directors, expanding it to six members. Concurrently, Jerry Ratigan has agreed to separate from his roles as Chief Financial Officer and Principal Accounting Officer. Furthermore, Wrap Technologies has partnered with Law Enforcement Training Academies and Consulting USA to develop a Non-Lethal Response: Machine-to-Man Policy Framework. These developments reflect Wrap Technologies’ ongoing efforts to expand its product offerings and enhance its strategic positioning in both commercial and federal markets.

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