Wrap Technologies, Inc., is incorporated in Delaware. The company is a security technology company founded in March 2016 and focuses on providing customers with modern policing solutions, mainly including law enforcement and security personnel. They started showing off their first product, the BolaWrap 100 Remote Constraint Device, in November 2017. The directly addressable U.S. market consists of approximately 701,000 full-time sworn law enforcement officers in the United States. They showed the product to more than 60 agents across the United States, and due to the usual media involvement, including television and print, the prospect of hundreds of inquiries in the United States and around the world has been driven.