Wrap Technologies announced a purchase order from the Carolina Beach Police Department for its BolaWrap restraint devices, part of the department’s effort to enhance non‑lethal response capabilities. The order was disclosed on May 1 2026 and is supported by grant allocations from the Carolina Beach Police Foundation.
The purchase adds a new municipal customer to Wrap’s growing list of law‑enforcement agencies adopting the BolaWrap platform. While the exact value and quantity of the order were not disclosed, the deal represents a significant milestone for Wrap as it seeks to accelerate revenue growth and validate its ecosystem strategy. The company’s goal of 100 % revenue growth in 2026 is reinforced by this new contract.
Wrap’s focus on integrated non‑lethal solutions—combining the BolaWrap device with training and evidence‑capture tools—has driven strong demand across the public‑safety market. The Carolina Beach Police Department, which employs over 30 full‑time officers, cited the need for a non‑lethal option that does not rely on pain, aligning with the department’s commitment to officer safety and community trust.
"Carolina Beach is committed to giving our officers the tools and training they need to serve our community safely and professionally. BolaWrap can provide our officers a non‑lethal option when verbal de‑escalation is not enough, but higher levels of force may not be appropriate," said Vic Ward, chief of police.
The purchase order underscores Wrap’s broader strategy to expand into additional agencies and markets. By securing recurring revenue from municipal contracts, the company strengthens its foothold in a key public‑safety market and positions itself to meet its ambitious growth targets. The deal also signals confidence from local law‑enforcement agencies in Wrap’s technology and ecosystem.
While the order’s financial impact on Wrap’s quarterly results is modest, it contributes to the company’s momentum and demonstrates continued adoption of its non‑lethal platform. Wrap’s recent financials—full‑year 2025 revenue of $5.2 million, a 15 % increase from 2024, and a net loss of $10.3 million—highlight the need for continued growth to achieve profitability. This contract supports that trajectory.
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