Wrap Technologies shares rise 12.62% after-hours after strategic partnership with K-Form expands U.S. manufacturing and supply chain for non-lethal public safety technologies.

Wrap Technologies (NASDAQ: WRAP) surged 12.62% in after-hours trading following the announcement of a strategic partnership with K-Form Inc. to expand domestic supply chain capabilities and scale production of non-lethal public safety technologies. The collaboration aims to enhance manufacturing of products such as the BolaWrap® 150, WrapReality immersive VR training systems, and future autonomous platforms, aligning with the company’s focus on onshoring production. K-Form will provide precision design, prototyping, and compliant fabrication services, supporting Wrap’s Southwestern Virginia manufacturing hub and addressing federal procurement needs. The partnership is positioned to strengthen operational capacity and accelerate deployment of mission-critical systems, reinforcing investor confidence in the company’s growth trajectory and market positioning in the public safety technology sector.