Wrap Technologies, Inc. Announces Full Deployment Of BolaWrap For Fairfax County Police Department
Portfolio Pulse from Benzinga Newsdesk
Wrap Technologies, Inc. (NASDAQ:WRAP) has achieved a significant milestone with the full deployment of its BolaWrap Remote Restraint device by the Fairfax County Police Department (FCPD) in Virginia. This marks one of the first full deployments of the device by a major U.S. law enforcement agency, following a successful pilot program. The BolaWrap is highlighted as a humane and effective tool for handling incidents, especially those involving mental health and substance abuse, aiming to improve safety and de-escalation practices.

February 08, 2024 | 2:13 pm
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Wrap Technologies announces full deployment of BolaWrap by Fairfax County Police, marking a significant advancement in law enforcement practices.
The full deployment of BolaWrap by a major law enforcement agency like the Fairfax County Police Department represents a significant validation of Wrap Technologies' product and its market potential. This milestone is likely to enhance the company's reputation and could lead to increased interest and adoption of BolaWrap by other law enforcement agencies, potentially boosting WRAP's stock in the short term.
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