Wrap Technologies Inc (WRTC.OQ)
Wrap Technologies, Inc., formerly Wrap Technologies, LLC, is a security technology company. The Company is engaged in providing solutions to customers, primarily law enforcement and security personnel. Its product includes the BolaWrap 100. The BolaWrap 100 is a hand-held remote restraint device that discharges an eight-foot bola style Kevlar tether to entangle an individual at a range of 10-25 feet. BolaWrap 100 assists law enforcement to safely and effectively control encounters. BolaWrap 100 enables law enforcement to remotely and temporarily control an individual or impede flight by targeting and wrapping an individual’s legs.
BolaWrap 100 contains a receptacle for the bola cartridge along with the activation, deployment and safety mechanisms. Bola cartridges are quickly ejected allowing rapid reloading, activation and deployment. The bola cartridge contains two sockets that discharge two small pellets at a thirty degree angle. The pellets are linked by the eight-foot Kevlar tether. Small barbs on each pellet engage clothing to retard the unwinding of the bola tether wrap. The bola cartridge contains a 9 millimeter fractional charge blank cartridge to discharge the tether. As of April 17, 2017, the Company’s product was in the development stage and it had no operations.
The Company competes with Taser International, Inc. and Defense Technology.
Wrap Technologies Inc
1817 W 4th St
TEMPE AZ 85281-2403
Company Web Links
Officers & Directors
|51||2018||Executive Chairman of the Board|
|2020||Chief Executive Officer|
|65||2018||Chief Financial Officer, Treasurer, Corporate Secretary|
|57||2018||Chief Operating Officer|