Wrap Technologies Raises $5 Million to Restart Manufacturing and Expand Non-Lethal Response Capabilities

Wrap Technologies has raised $5 million in a private placement to restart domestic manufacturing, advance R&D programs, and accelerate growth initiatives for its non-lethal response solutions. The funding will enable the company to expand its addressable market and position itself as a non-lethal response provider across state, local, and federal agencies. Wrap is reengaging manufacturers and suppliers to support resumed production, quality controls, training expansion, and product commercialization. The investments will also support the expansion of Wrap Federal, the company's federal and international business segment.