At a glance
- Company
- Wrap Technologies, Inc.
- Ticker
- NASDAQ: WRAP
- Announcement
- Executive
Key figures
- Institutional financing
- $12 million
People
- Eric BowenChief operating officer
- Jared NovickPresident
Products and programs
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://nnw.fm/4Qmlf
About Wrap Technologies, Inc.
Wrap Technologies, Inc. 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.
About / Disclaimer
This article was produced by IBN Editorial Staff and is intended for informational purposes only. It is not investment advice and should not be relied upon as the basis for any investment decision. Statements attributed to Wrap Technologies Inc. or its management, including any forward-looking statements regarding product adoption, strategy, the contributions of its Board of Directors, or market opportunities, reflect the company’s views and are subject to risks and uncertainties; actual results may differ materially. Readers should conduct their own due diligence and consult a qualified professional. Additional company information is available at wrap.com.
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In brief
Wrap Technologies says Eric Bowen will become chief operating officer on Nov. 16, 2026. He will oversee operating work across manufacturing, supply chain, customer onboarding, training delivery and subscription programs. Bowen has spent more than a decade serving government and national security markets, including about 12 years in senior operational roles at Babel Street; most recently, he was chief revenue officer at Ursa Space Systems. He will report to President Jared Novick, who retains responsibility for corporate strategy, revenue growth, commercialization and partnerships. The company cites recent developments including an ATF classification for BolaWrap 150, completion of its learning-management-system content library and an August institutional financing of $12 million. Wrap also describes work on its WrapShield platform and a partnership with Frenel Imaging.
Key takeaways
- Eric Bowen is set to take over as COO on Nov. 16, 2026.
- Bowen will lead operations spanning manufacturing, supply chain, customer onboarding, training and subscriptions.
- He will report to President Jared Novick, who retains strategy and revenue responsibilities.
- The company cites a $12 million institutional financing in August and ongoing work on WrapShield with Frenel Imaging.
SEC filings
Earlier from Wrap Technologies, Inc.
- Wrap Technologies (NASDAQ: WRAP) Broadens Public Safety Platform as Training, Technology and Response Capabilities Converge
- Wrap Technologies (NASDAQ: WRAP) Builds Connected Public Safety Strategy as WrapShield(TM) Targets Broader Markets
- Wrap Technologies (NASDAQ: WRAP) Closes $12M Registered Direct Offering
- Wrap Technologies (NASDAQ: WRAP) Selected to Support Florida Teacher Safety Training Program
- Wrap Technologies (NASDAQ: WRAP) Partners with XINSURANCE to Launch Safe Response Program for Private Security Market
