Wrap Technologies Inc. (NASDAQ: WRAP) Enters Strategic Transaction, Acquires US and NATO Distribution Rights to Physics-Based Sensing Tech

About this update from Wrap Technologies, Inc.

NEW YORK, July 10, 2026 (GLOBE NEWSWIRE) -- via NetworkNewsWire  ("NNW") — Wrap Technologies Inc.  (NASDAQ: WRAP) today announces its placement in an editorial published by NetworkNewsWire  ("NNW"), one of 75+ brands within the  Dynamic Brand Portfolio @ IBN  ( InvestorBrandNetwork ), a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. To view the full publication, "The Counter-Drone Technology Gap That Is Leaving Agencies Blind to the Fastest-Growing Threat," please visit: https://ibn.fm/ABs6L Public safety institutions have arrived at a breaking point. Hiring more officers and fielding quicker versions of legacy equipment are no longer sufficient answers to the threats that agencies now face. Consumer-grade drones available for under $500 have fundamentally altered the risk landscape. Narcotics organizations deploy these devices against federal border agents. Jails and prisons deal with drone-dropped contraband on a near-daily basis. And Langley Air Force Base, one of the most fortified military installations in the country, was compelled to ground flight operations after persistent drone incursions that no existing nonlethal interdiction protocol could address. The response infrastructure that agencies have relied on for decades is mismatched to the threat environment that now defines their daily operations. Closing that gap is the central challenge of this era. With that backdrop, Wrap Technologies Inc. has acquired something its rivals in the counter-drone space cannot purchase: the capacity to find the drones that have stopped transmitting. A strategic transaction with Israeli AI-sensing company Frenel Imaging Ltd. has given WRAP exclusive United States and NATO distribution rights to a physics-based sensing technology that detects threats earlier, orchestrates responses, and acts with proportionate, mission-appropriate action. WRAP has positioned that technology as the foundation of WrapShield, its emerging counter-unmanned aircraft system ("UAS") and autonomous public-safety platform. Counter-drone operations represent the initial deployment domain, with significant expansion potential beyond it. About Wrap Technologies Inc. Wrap Technologies is a global leader in innovative public safety technologies and non-lethal tools, delivering cutting-edge technology with exceptional people to address the complex, modern-day challenges facing public-safety organizations.

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