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Stock impact report

Wrap Announces R&D Expansion into Net-Based Drone Interdiction, Advancing Non-Lethal Public Safety Capabilities

Wrap Technologies, Inc. (WRAP) 
NASDAQ:AMEX Investor Relations: wrapmail.com/aboutus.html
Company Research Source: GlobeNewswire
MIAMI, April 13, 2026 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) (“Wrap” or the “Company”), a global leader in Non-Lethal Response (“NLR”) and public safety technology, today announced a strategic research and development initiative focused on net-based drone capture technologies, expanding the Company’s NLR platform into aerial interdiction for public safety, law enforcement, critical infrastructure, and defense-adjacent applications. The initiative builds on Wrap’s Kevlar-based cassette technology, originally developed for the BolaWrap® platform, and extends that architecture into new aerial payload configurations designed to support the safe interdiction of unmanned aerial system (“UAS”) threats in complex environments. Wrap’s development efforts are focused on both drone-to-drone interception and air-to-ground non-lethal deployment concepts, expected to create a scalable capability intended for use in populated and infrastructure-sensitive settings where traditi Show less Read more
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