On July 7, 2026, Wrap Technologies invested approximately $2,000,003 in Frenel Imaging via the purchase of 74,918 Series A preferred shares at $26.6959 per share, with an option to invest up to an additional $2.5 million and obtain typical early‑stage governance and protective rights.

On July 7, 2026, Frenel Imaging and Wrap Technologies entered into a strategic transaction granting Wrap exclusive rights for at least four years to market and integrate Frenel’s TPiCore thermal‑polarimetric imaging software in the United States and to NATO customers via U.S. government channels, subject to commercialization milestones and minimum revenue commitments.

On July 9, 2026, media coverage described Frenel Imaging’s TPiCore platform as a new AI‑enabled thermal polarimetry system for drone threat detection, emphasizing real‑time edge processing across drone, ground, fixed‑site, naval, and handheld platforms and highlighting its ability to generate unique, non‑spoofable polarimetric signatures.

On May 13, 2025, Janes reported that Frenel Imaging was preparing to launch its first Mantis GP polarimetric‑enabled thermal camera and imagery system for integration on unmanned systems by the fourth quarter of 2025, targeting enhanced detection and classification in cluttered environments.

On July 7, 2026, Wrap Technologies announced its WrapShield autonomous defense and public safety platform, stating that the detection layer is initially built around Frenel Imaging’s proprietary TPiCore thermal‑polarimetric sensing technology under an exclusive U.S. and NATO license.

On December 1, 2024, data provider IVC recorded that Frenel Imaging completed a Seed – Extended financing round, indicating earlier external capital formation prior to the 2026 strategic investment, although the specific amount and valuation were not disclosed in the summary.