Latest news with #dronedefense
Yahoo
2 days ago
- Business
- Yahoo
Wrap Technologies Unveils Second Counter-UAS Program: Handheld Surface-To-Air, Quick-Reaction Personal Anti-Drone Capability Repurposing BolaWrap 150
Wrap PAN-DA launches Kevlar tethers from existing BolaWrap 150 product line designed to physically entangle and disable hostile drones midair—deepens offerings into DoD and estimated $6.8B global counter-UAS market MIAMI, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) (the 'Company' or 'Wrap'), a global leader in innovative public safety technology, today announced its second research and development counter-unmanned aircraft systems (C-UAS) initiative and released a Phase One video showing proof of concept on its website ( Wrap's Project PAN-DA (Personal Anti-Drone Armament) concept is a handheld counter-drone system derived from the Company's proven BolaWrap® 150 platform. This first-phase milestone follows Wrap's recent entry into the C-UAS market and introduces a personal, close-range, last-ditch defense capability to the Company's expanding portfolio of aerial threat mitigation research and development. Leveraging Wrap's patented deploying tether-and-anchor technology trusted by more than 1,000 law enforcement agencies worldwide, PAN-DA is designed to engage and disable small unmanned aerial systems (sUAS) at close range. Compact, reloadable, and field-deployable, Wrap aims to offer defense personnel and international operators a cost-effective, reusable alternative to costly missile interceptors, expendable drones, and bulky single-purpose weapon platforms or unreliable electronic jamming systems. Built on the proven BolaWrap® 150 platform, PAN-DA aims to offer operators a precision counter-drone capability that can be carried on the belt for immediate deployment. Using existing BolaWrap® cassette technology, the system is designed to enable multiple engagements per unit, delivering a cost-efficient solution that scales through established manufacturing and supports recurring revenue from consumable sales. 'PAN-DA builds on the proven BolaWrap® platform, which we believe will give operators a lightweight, reliable, and non-lethal means of defending themselves and their environment from drone threats,' said Michael Brown, Vice President of Products at Wrap Technologies. 'Our development path is now focused on practical, scalable solutions that address today's urgent threats while anticipating tomorrow's challenges.' 'We're proud to focus our efforts on applying our trusted BolaWrap® 150 device in a new way, while staying true to the same mission,' said Jared Novick, President and Chief Operating Officer of Wrap. 'With Project PAN-DA, we are aiming to develop another life-saving product that expands our ability to protect lives and respond to emerging threats.' Strategic Fit in a Growing Market The global counter-drone market—projected to grow from $1.9 billion in 2023 to more than $6.8 billion by 20301—is being driven by the proliferation of small UAS in criminal, terrorist, and hostile military activity. PAN-DA is expected to deliver a portable, last-line kinetic defense option that complements detection and electronic countermeasure systems, providing a reliable interception capability when other solutions are unavailable or ineffective. _______1 Virtue Market Research: Counter Drone System/C-UAS Market: Size, Share, Growth, 2024-2030: R&D Roadmap With phase one proof of concept success now secured, Wrap's engineering teams are expected to review the data and video reports to develop enhancements in range, area-of-effect, and cassette cost to counter rapidly evolving drone threats. These upgrades aim to ensure PAN-DA can deliver effective and adaptable success in real-world military Wrap Technologies, Inc. Wrap Technologies, Inc. (Nasdaq: WRAP) a global leader in innovative public safety technologies and non-lethal tools, delivering cutting-edge technology with exceptional people to address the complex, modern day challenges facing public safety organizations. Wrap's BolaWrap® 150 solution leads the world in pre-escalation and beyond, providing law enforcement with a safer choice for nearly every phase of a critical incident. This innovative, patented device deploys a multi-sensory, cognitive disruption that leverages sight, sound and sensation to expand the pre-escalation period and give officers the advantage and critical time to manage non-compliant subjects before resorting to higher-force options. The BolaWrap 150 is a not pain-based- compliance. It does not shoot, strike, shock, or incapacitate—instead, it helps officers strategically operate pre-escalation on the force continuum, reducing the risk of injury to both officers and subjects. Used by over 1,000 agencies across the U.S. and in 60 countries, BolaWrap® is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST), reinforcing Wrap's commitment to public safety through cutting-edge technology and expert training. Wrap Reality™ VR is a fully immersive training simulator to enhance decision-making under pressure. As a comprehensive public safety training platform, it provides first responders with realistic, interactive scenarios that reflect the evolving challenges of modern law enforcement. By offering a growing library of real-world situations, Wrap Reality™ equips officers with the skills and confidence to navigate high stakes encounters effectively, leading to safer outcomes for both responders and the communities they serve. WrapVision is an all-new body-worn camera and evidence management system built for efficiency. Designed for efficiency, security, and transparency to meet the rigorous demands of modern law enforcement, WrapVision seamlessly captures, stores, and helps manage digital evidence, ensuring with operational security, regulatory compliance, and superior video picture quality and field of view. The WrapVision camera, powered by IONODES boasts seamless cloud integration and strictly adheres to Trade Agreements Act (TAA) compliance requirements and GSA schedule contracts requirements. Crucially, unlike many competitor devices manufactured overseas in foreign, non-compliant, and possibly hostile regions, WrapVision is built right here in North America today, with a critical made-in-America roadmap by the end of 2025. This track helps ensures unparalleled data integrity and helps eliminates critical concerns over unauthorized access or foreign surveillance risks. Trademark Information Wrap, the Wrap logo, BolaWrap®, Wrap Reality™ and Wrap Training Academy are trademarks of Wrap Technologies, Inc., some of which are registered in the U.S. and abroad. All other trade names used herein are either trademarks or registered trademarks of the respective holders. Cautionary Note on Forward-Looking Statements – Safe Harbor Statement This release contains 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Words such as 'expect,' 'anticipate,' 'should', 'believe', 'target', 'project', 'goals', 'estimate', 'potential', 'predict', 'may', 'will', 'could', 'intend', and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Moreover, forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control and included, but not limited to, statements relating to the Wrap's Project PAN-DA development, commercialization and expected performance. The Company's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the Company's ability to maintain compliance with the Nasdaq Capital Market's listing standards; the Company's ability to successfully implement training programs for the use of its products; the Company's ability to manufacture and produce products for its customers; the Company's ability to develop sales for its products; the market acceptance of existing and future products; the availability of funding to continue to finance operations; the complexity, expense and time associated with sales to law enforcement and government entities; the lengthy evaluation and sales cycle for the Company's product solutions; product defects; litigation risks from alleged product-related injuries; risks of government regulations; the business impact of health crises or outbreaks of disease, such as epidemics or pandemics; the impact resulting from geopolitical conflicts and any resulting sanctions; the ability to obtain export licenses for counties outside of the United States; the ability to obtain patents and defend intellectual property against competitors; the impact of competitive products and solutions; and the Company's ability to maintain and enhance its brand, as well as other risk factors mentioned in the Company's most recent annual report on Form 10-K, subsequent quarterly reports on Form 10-Q, and other Securities and Exchange Commission filings. These forward-looking statements are made as of the date of this release and were based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations. Investor Relations Contact: (800) 583-2652 ir@ Photos accompanying this announcement are available at
CNN
4 days ago
- CNN
See the tool that can bring down dangerous drones
With major events like the World Cup and the LA Olympics approaching, members of Congress are warning about the threat of drones. CNN's Pete Muntean gets a rare, hands-on demonstration of a system that tracks, takes control of drones and lands them safely.
Daily Telegraph
05-08-2025
- Business
- Daily Telegraph
Aus company secures $125m order for high power laser weapon
Don't miss out on the headlines from Innovation. Followed categories will be added to My News. An Australian technology company has secured a 'groundbreaking' $125 million deal with a European country for a 'high energy laser weapon system' designed to shoot down over a dozen drones within a minute. Electro Optic Systems (EOS) signed a contract with a European NATO Member State – the name of which has not been disclosed – to deliver the 100-kilowatt anit-drone weapon between 2025-2028. 'The new laser counter-drone capability was developed by EOS to address the urgent market need and emerging strategic requirement to defend against drone swarm attacks at an economical cost,' EOS said in a statement on its website. 'This is the world's first export order for a 100-kilowatt class laser defence system.' The high energy laser weapons was designed to defend against drone swarm attacks. Picture: Supplied/Electro Optic Systems The company said the order, which is valued at €71.4 million (or about $A125 million), will be fulfilled in Singapore, where EOS has a laser innovation centre. 'EOS is already an established global leader in counter-drone capability using kinetic weapons and missiles to bring down drones. The high-power laser builds on these core competencies and substantially extends them.' The system – which is mobile and can work on a truck – operates 'at the speed of light' and can shoot down as many as twenty drones in a minute, Dr Andreas Schwer, Chief Executive Officer of Electro Optic Systems told 'The laser can hit a target almost instantly … unlike a bullet which takes a second to get there,' Dr Schwer said. The order is valued at $A125 million. Picture: Electro Optic Systems The laser can hit a target almost instantly. Picture: Electro Optic Systems He said the system works by amplifying lasers to high power levels. '(It) then combines multiple laser beams together,' he explained. 'It tracks targets very accurately – this is critical – and keeps the laser beam on the target … The light energy typically degrades the drone target in 1-2 seconds.' While missiles generally have a longer range, the high-power laser system 'can shoot down many more targets' at a cheaper cost within a two to five kilometre range. 'Missile systems cost $0.5m – $2.0m per shot fired,' Dr Schwer said. 'The laser system costs less than 10 cents per shot.' 'Lasers can shoot directly upwards, which ballistics (bullets and missiles) often cannot do,' he added. A Russian drone attacks a building during a Russian missile and drone air attack in Kyiv, Ukraine, June 17, 2025. Picture: AP Photo/Efrem Lukatsky With drones becoming increasingly more common in modern warfare and swarms posing a 'real threat', Dr Schwer said militaries will need to employ a 'layered solution', including laser systems, rocket systems and longer-range missiles to protect their valuable assets. 'Drones are a big threat both in military and civil domains,' he said. 'Because drones get cheaper every year, everyone is using them and many valuable assets are very vulnerable.' He noted other countries are trying to develop laser weapon technology, 'but it is very complex'. 'This is the first very international supply contract of this size in the laser weapon industry – a groundbreaking deal for our industry and for EOS,' he said in a video on the company's website. Looking to the future, Dr Schwer said laser weapons will continue to play a role on the battlefield, becoming more powerful and portable over time. Going forward, the company is looking to expand its 50 to 100 kilowatt family and develop systems towards the 150 kilowatt class to meet future needs. 'We are also looking to develop naval variants of our models, giving the critical gap in the market for effective counter-drone solutions.' Russia tests laser defences It comes as Russia last month conducted large-scale tests of new laser systems to defend against drones – which both Ukraine and Russia have deployed during the nations' three year war. 'These technologies will form one of the key elements of the universal air defense system President Vladimir Putin recently called for,' the Board of the Military-Industrial Complex said in a statement. 'The test results will be used to refine existing models and create systems capable of providing reliable protection against modern air attack weapons.' Russian soldiers prepare a strike FPV drone aircraft to fly towards Ukrainian position in an undisclosed location. Picture: Russian Defense Ministry Press Service/AP Meanwhile, Ukraine last year announced it had developed its own laser weapon which can target and down aircraft at altitudes exceeding two kilometres. Speaking at the 'European Defense Industry: Prospects for Cooperation with the Ukrainian Defense Industry' conference in December, Colonel Vadym Sukharevskyi said the country's military proudly declared Tryzub (trident) 'laser is real and operational', adding that efforts were underway to scale up its capabilities against Russia. Colonel Sukharevskyi also introduced the concept of 'mother drones' or 'queen drones' — unmanned aerial systems capable of carrying two FPV (first-person view) light attack drones during his address. According to the Kyiv Independent, the announcement marked a significant leap in Ukraine's military innovation. Originally published as 'Speed of light': Australian company secures 'groundbreaking' $125m order for high power anti-drone weapon
News.com.au
05-08-2025
- Business
- News.com.au
‘Speed of light': Australian company secures ‘groundbreaking' $125m order for high power anti-drone weapon
An Australian technology company has secured a 'groundbreaking' $125 million deal with a European country for a 'high energy laser weapon system' designed to shoot down over a dozen drones within a minute. Electro Optic Systems (EOS) signed a contract with a European NATO Member State – the name of which has not been disclosed – to deliver the 100-kilowatt anit-drone weapon between 2025-2028. 'The new laser counter-drone capability was developed by EOS to address the urgent market need and emerging strategic requirement to defend against drone swarm attacks at an economical cost,' EOS said in a statement on its website. 'This is the world's first export order for a 100-kilowatt class laser defence system.' The company said the order, which is valued at €71.4 million (or about $A125 million), will be fulfilled in Singapore, where EOS has a laser innovation centre. 'EOS is already an established global leader in counter-drone capability using kinetic weapons and missiles to bring down drones. The high-power laser builds on these core competencies and substantially extends them.' The system – which is mobile and can work on a truck – operates 'at the speed of light' and can shoot down as many as twenty drones in a minute, Dr Andreas Schwer, Chief Executive Officer of Electro Optic Systems told 'The laser can hit a target almost instantly … unlike a bullet which takes a second to get there,' Dr Schwer said. He said the system works by amplifying lasers to high power levels. '(It) then combines multiple laser beams together,' he explained. 'It tracks targets very accurately – this is critical – and keeps the laser beam on the target … The light energy typically degrades the drone target in 1-2 seconds.' While missiles generally have a longer range, the high-power laser system 'can shoot down many more targets' at a cheaper cost within a two to five kilometre range. 'Missile systems cost $0.5m – $2.0m per shot fired,' Dr Schwer said. 'The laser system costs less than 10 cents per shot.' 'Lasers can shoot directly upwards, which ballistics (bullets and missiles) often cannot do,' he added. With drones becoming increasingly more common in modern warfare and swarms posing a 'real threat', Dr Schwer said militaries will need to employ a 'layered solution', including laser systems, rocket systems and longer-range missiles to protect their valuable assets. 'Drones are a big threat both in military and civil domains,' he said. 'Because drones get cheaper every year, everyone is using them and many valuable assets are very vulnerable.' He noted other countries are trying to develop laser weapon technology, 'but it is very complex'. 'This is the first very international supply contract of this size in the laser weapon industry – a groundbreaking deal for our industry and for EOS,' he said in a video on the company's website. Looking to the future, Dr Schwer said laser weapons will continue to play a role on the battlefield, becoming more powerful and portable over time. Going forward, the company is looking to expand its 50 to 100 kilowatt family and develop systems towards the 150 kilowatt class to meet future needs. 'We are also looking to develop naval variants of our models, giving the critical gap in the market for effective counter-drone solutions.' Russia tests laser defences It comes as Russia last month conducted large-scale tests of new laser systems to defend against drones – which both Ukraine and Russia have deployed during the nations' three year war. 'These technologies will form one of the key elements of the universal air defense system President Vladimir Putin recently called for,' the Board of the Military-Industrial Complex said in a statement. 'The test results will be used to refine existing models and create systems capable of providing reliable protection against modern air attack weapons.' Meanwhile, Ukraine last year announced it had developed its own laser weapon which can target and down aircraft at altitudes exceeding two kilometres. Speaking at the 'European Defense Industry: Prospects for Cooperation with the Ukrainian Defense Industry' conference in December, Colonel Vadym Sukharevskyi said the country's military proudly declared Tryzub (trident) 'laser is real and operational', adding that efforts were underway to scale up its capabilities against Russia. Colonel Sukharevskyi also introduced the concept of 'mother drones' or 'queen drones' — unmanned aerial systems capable of carrying two FPV (first-person view) light attack drones during his address. According to the Kyiv Independent, the announcement marked a significant leap in Ukraine's military innovation.
Daily Mail
29-06-2025
- Business
- Daily Mail
Anti-drone lasers will be fitted to military vehicles to protect the UK from swarm attacks by terror groups or hostile nations
Laser weapons capable of shooting down drones will be fitted to military vehicles to help protect the UK from swarm attacks by terror groups or hostile nations, The Mail On Sunday can reveal. Defence experts have said the laser-armed vehicles could guard airfields, sensitive locations such as GCHQ and other areas of critical national infrastructure. Tanks, armoured personnel carriers and reconnaissance vehicles will be equipped with the lasers, which are designed to blast drones out of the sky from more than half a mile. Details of the laser plans emerged as Britain begins ramping up its defence spending to counter threats from Russia and China. After criticism from US President Donald Trump, the UK aims to spend 4.1 per cent of its GDP on defence by 2027, and 5 per cent by 2035. At a Nato summit last week, Sir Keir Starmer said increased defence spending was vital to counter threats at home and abroad. The lasers, known as direct energy weapons, fire an intense beam of infrared light, causing a target to heat up and explode. They will be equipped with sensors capable of tracking drones to ensure the weapon remains locked-on to its target. Tanks, armoured personnel carriers and reconnaissance vehicles will be equipped with the lasers, which are designed to blast drones out of the sky from more than half a mile Unlike conventional weapons, they strike at the speed of light and are virtually limitless in terms of ammunition. Earlier this month, the Ministry of Defence announced that it would invest £1 billion in lasers. Details of the laser plan have been revealed by the MoD in a 'preliminary market engagement notice' to defence companies. The document, seen by The Mail on Sunday, said the MoD was seeking a 'laser direct energy weapon to destroy small unmanned air systems (drones) at ranges of 1km-plus'. It adds that 'availability to deliver within 12 months ideally' will be required. Defence firms will have to demonstrate the capability of their systems as they bid for the £20 million contract. Earlier this month, the MoD also revealed plans to develop a fleet of drones capable of being launched from Transit vans. Col Philip Ingram, a former Army intelligence officer, said the lasers were vital for national security and 'can't come quickly enough'. The MoD said the laser weapons will be 'created this decade', adding: 'Following the successful trial of a high-energy laser mounted to a Wolfhound armoured vehicle, we are engaging the market to help inform decisions on procurement.'
