Wrap Technologies, Inc. - Common Stock (WRAP)

Competitors to Wrap Technologies, Inc. - Common Stock (WRAP)

Axon Enterprise, Inc. 

Axon Enterprise is a leading provider of body cameras and digital evidence management for law enforcement agencies, which directly competes with Wrap Technologies' offerings of non-lethal alternatives such as the BolaWrap. Both companies target law enforcement and security sectors; however, Axon benefits from a well-established reputation, extensive customer base, and a broader product portfolio, giving it a competitive advantage in terms of brand recognition and market penetration.

Protect Technologies, Inc.

Protect Technologies offers a range of non-lethal weapons and safety solutions for law enforcement and personal security, similar to Wrap Technologies. While both companies focus on innovative safety products, Protect Technologies is often perceived as specializing more in personal security solutions, thus capturing a different segment of the market. Wrap Technologies’ specific focus on the non-lethal capture technology may provide an edge in specialized law enforcement applications.

Sierra Nevada Corporation (SNC)

Sierra Nevada Corporation provides various technology solutions, including some geared towards security and law enforcement. While SNC's competition with Wrap Technologies is indirect, as SNC's focus is broader and spans multiple sectors, both companies share a common target market in security applications. Wrap has a competitive advantage through its specific product development aimed at non-lethal responses, an area that SNC does not emphasize as heavily.

TASER International, Inc.

TASER International, known for its electronic control devices (ECDs), offers law enforcement tools that align closely with some of Wrap Technologies' non-lethal offerings. While TASER has a well-established position within the law enforcement community, Wrap Technologies differentiates itself by emphasizing its unique BolaWrap technology designed specifically for controlled restraint. This innovation may give Wrap a niche advantage in non-lethal applications, but TASER's extensive experience and customer loyalty provide it a leading edge overall.