Wrap Technologies (NASDAQ: WRAP) announced the appointment of Eric Bowen as chief operating officer, effective Nov. 16, 2026, as the company advances its strategy to scale commercialization and expand recurring revenue opportunities. Bowen brings more than a decade of experience serving government and national security markets, including approximately 12 years at Babel Street, where he held senior operational leadership positions, and most recently served as chief revenue officer of Ursa Space Systems. He will report to President Jared Novick, who will continue overseeing corporate strategy, revenue growth, commercialization and strategic partnerships. Bowen will lead operational execution across Wrap’s core business, including manufacturing, supply chain, customer onboarding, training delivery and subscription-based programs.
The appointment follows several developments, including a federal Bureau of Alcohol, Tobacco, Firearms and Explosives determination classifying the BolaWrap(R) 150 as an instrument of restraint and rescue rather than a firearm or weapon, completion of the company’s core learning management system content library and a $12 million institutional financing in August. Wrap is focused on expanding its non-lethal response business while advancing WrapShield(TM), its emerging detection, orchestration and response platform, supported by a strategic partnership with Frenel Imaging Ltd. The company expects to provide additional updates on WrapShield(TM) and its Frenel partnership in the coming weeks.
To view the full press release, visit https://ibn.fm/4Qmlf
About Wrap Technologies, Inc.
Wrap Technologies, Inc. (NASDAQ: WRAP) is a public safety technology company focused on non-lethal response solutions, training, and integrated technologies designed to support law enforcement and security professionals. Through its BolaWrap family of remote restraint devices, training programs, and expanding technology portfolio, WRAP seeks to provide officers and agencies with additional options to manage encounters, support de-escalation, and improve public safety outcomes. For more information, visit www.wrap.com.
NOTE TO INVESTORS: The latest news and updates relating to WRAP are available in the company’s newsroom at https://ibn.fm/WRAP
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