Wrap Technologies Announces Widespread Adoption By Law Enforcement Agencies Embracing Technology Advancements With Wrap Technologies' BolaWrap 150
Portfolio Pulse from Happy Mohamed
Wrap Technologies, Inc. (NASDAQ:WRAP) has announced the widespread adoption of their BolaWrap® 150 technology by law enforcement agencies. The BolaWrap® 150 is an upgrade from the BolaWrap® 100, introduced in 2017, and has been adopted by over 100 agencies. The device is a remote restraint device designed to reduce the risk of injury and has been improved based on feedback from front-line officers. The BolaWrap® 150 has several enhancements including electronic deployment, extended battery life, and an improved anchoring system.
July 20, 2023 | 1:22 pm
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The widespread adoption of Wrap Technologies' BolaWrap® 150 technology by law enforcement agencies indicates a positive market response to the product. This could potentially lead to increased revenues for the company.
The news of widespread adoption of Wrap Technologies' BolaWrap® 150 technology by law enforcement agencies is directly related to the company and its products. This adoption indicates a positive market response, which could potentially lead to increased sales and revenues for the company, positively impacting its stock price in the short term.
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