Wrap Technologies announced a strategic partnership with K‑Form Inc. that will strengthen its U.S. supply chain and accelerate the production of its BolaWrap® 150, MERLIN‑Interdictor, WrapReality VR training, WrapVision body‑worn cameras, and future autonomous drone and robotic platforms.
K‑Form brings a full suite of manufacturing capabilities—including precision design, rapid prototyping, circuit‑board printing, component assembly, and custom fabrication—while meeting U.S. defense and government sourcing requirements. The company’s “Manufacturing As A Service” model is designed to compress development cycles for mission‑critical projects, a key advantage for Wrap’s defense‑grade products.
Wrap’s new manufacturing hub in Norton, Virginia, will serve as the primary U.S. production site for BolaWrap devices and cassettes. The 120‑plus‑job facility is built to scale production and is aligned with Department of Defense and Department of Homeland Security standards, positioning Wrap to meet federal procurement timelines.
In its most recent quarter, Wrap reported a net loss of $0.06 per share and $2 million in revenue, with a current ratio of 5.65. The company’s financials reflect a focus on scaling responsibly while maintaining a strong balance sheet, even as it invests heavily in new manufacturing capacity.
CEO Scott Cohen highlighted the partnership as a “critical step” in expanding Wrap’s presence at the intersection of non‑lethal response, public safety, robotics, and defense innovation. He noted a measurable shift in use‑of‑force practices, with BolaWrap adoption rising as traditional tools decline under tightening policies, underscoring the market’s appetite for safer alternatives.
By reducing supply‑chain risk and accelerating product rollouts, the partnership positions Wrap to meet growing demand from law‑enforcement and defense customers. It also supports the company’s transition to an end‑to‑end public‑safety solutions provider, potentially boosting recurring revenue streams and market positioning.
The partnership aligns with broader industry trends toward “Made in America” manufacturing, increased demand for non‑lethal tools, and the growing use of drone technology for public safety and defense. Wrap’s investment in autonomous platforms and its expanding product portfolio are expected to drive future growth.
Overall, the K‑Form partnership strengthens Wrap’s manufacturing footprint, supports its strategic shift toward a comprehensive public‑safety ecosystem, and positions the company to capitalize on rising demand for non‑lethal and autonomous solutions in the U.S. market.
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