Wrap Unveils Managed Safety and Response (MSR) Connected Ecosystem in Virginia

Wrap Technologies, Inc. (NASDAQ: WRAP), a global leader in public safety solutions, has announced the relocation of its manufacturing and distribution facility to Virginia, citing the state's strategic location and commitment to invest in public safety innovation. This move underscores Wrap's commitment to delivering comprehensive tools and training for law enforcement, while also highlighting its dedication to expanding "Made-in-America" partnerships with state and federal policymakers across the United States. The new 20,000-square-foot facility is expected to create 126 jobs and support the development of next-generation tech products, including AI and VR training platforms, integrated body camera systems, and advanced drone technologies designed for safer and more efficient law enforcement practices.



The new facility is the cornerstone of Wrap's next-generation strategy for end-to-end public safety solutions, with a dedicated professional services division at its core. This division will focus on training, talent development, and customer support to promote seamless integration, large-scale implementation, and ongoing service excellence for law enforcement agencies nationwide. Strategically located in an emerging global hub for law enforcement talent and expertise, the facility will centralize the production of the BolaWrap®, the first major innovation on the police tool belt in over 30 years, and Wrap Reality™, an immersive virtual reality training platform that integrates the latest in de-escalation tactics, defensive techniques, and evidence-based law enforcement practices. It will also house advanced research and development (R&D) zones dedicated to creating cutting-edge solutions in augmented reality (AR), virtual reality (VR), and integrated public safety devices, reflecting Wrap’s commitment to driving innovation in policing technology.

This initiative is supported by Governor Youngkin and the Virginia Economic Development Partnership (VEDP) as part of a $4.1 million project and underscores the region’s emerging status as a global hub for law enforcement expertise. With over 40 partner agencies in Virginia, including the Virginia Department of Corrections, Fairfax County Police Department, Richmond Police Department, and Virginia Commonwealth University, this initiative allows Wrap to leverage the region’s talent pool and professional services capabilities to enhance public safety outcomes while adding over 120 new jobs to the state and local economy.

Expanding Leadership in Public Safety Solutions
The new facility marks a pivotal expansion for Wrap as the Company positions itself to be the leading “Made-in-America” supplier for public safety. Wrap is committed to offering end-to-end solutions that include evidence-based tools, hardware, software, cameras, and training programs to meet the evolving needs of law enforcement. By investing in Virginia, Wrap is not only contributing to the state's economic development but also driving innovation in public safety technology and enhancing the capabilities of law enforcement agencies across the United States.

In conclusion, Wrap's investment in Virginia, particularly in Norton, is expected to bring significant long-term benefits, including job creation, economic growth, and public safety enhancements. The company's commitment to driving nationwide adoption of its solutions and promoting "Made-in-America" partnerships with state and federal policymakers aligns with Virginia's economic development strategies and goals. The new 20,000-square-foot manufacturing and distribution facility will support the development of next-generation tech products, including AI and VR training platforms, integrated body camera systems, and advanced drone technologies designed for safer and more efficient law enforcement practices. This investment is supported by a $4.1 million project, with Governor Youngkin approving a $425,000 grant from the Commonwealth's Opportunity Fund. Additionally, the Virginia Jobs Investment Program will provide funding and services to support the company's employee training activities, and the Virginia Tobacco Region Revitalization Commission awarded an $800,000 grant through its Southwest Economic Development program to further support the project.