Wrap Technologies Launches WrapShield Platform, Invests in Frenel Imaging
MT Newswires Live
Jul 07
Wrap Technologies (WRAP) said Tuesday it launched WrapShield, an AI-enabled defense and public safety platform that integrates threat detection, decision support and response capabilities.
The company also said it invested in Israel-based Frenel Imaging and obtained exclusive US and NATO rights to Frenel's TPiCore thermal-polarimetric imaging technology for use in WrapShield.
Financial terms of the investment were not provided.
Wrap Technologies shares were down more than 6% in Tuesday trading.
Price: 1.57, Change: -0.11, Percent Change: -6.55
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