Wrap technologies secures $4.5m in private placement to accelerate emerging counter-drone technologies and dual-use go-to-market strategy

Key financing highlights: accelerates counter-uas fielding: proceeds are expected to advance wrap's recently announced wrap-merlin and wrap-panda programs, which repurpose existing bolawrap® 150 inventory into new counter-drone capabilities, enabling rapid progression from development to field application. dual-use pathway: supports both wrap's continued law enforcement go-to-market strategy and near-term commercial wins in federal sales, where counter-uas demand is accelerating.
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