Jeffs’ Brands (US:JFBR) Globenewswire·2025-11-17 13:08Core Viewpoint - Jeffs' Brands Ltd is strategically pivoting into the global homeland-security sector by entering a non-binding MOU with Scanary Ltd to market and distribute advanced AI-powered threat detection systems capable of screening 25,000 people per hour without stopping them [1][2][3] Group 1: Partnership and Technology - The MOU allows Jeffs' Brands Holdings to market Scanary's AI-radar screening systems, which utilize 3D imaging and AI for real-time threat detection in under two seconds [2][3] - The system is designed for high-demand environments such as airports, stadiums, and major events, eliminating the need for traditional checkpoints and pat-downs [3] Group 2: Market Potential - The global security scanning equipment market was valued at over USD 11.4 billion in 2022 and is projected to grow at a CAGR of over 7% from 2023 to 2032 [4] - Jeffs' Brands Holdings will have exclusive distribution rights for the systems in Canada, Germany, and the UAE for an initial 24-month period, with the potential for renewal based on sales performance [8] Group 3: Financial Terms - Jeffs' Brands Holdings will make a one-time payment of $1 million to Scanary, payable in five installments of $200,000, with the payment fully repayable through 10% of Scanary's profits from sales outside exclusive territories [4] - Scanary will provide one free demo system and technical support for pre-sales activities upon the execution of the definitive agreement [4] Group 4: Corporate Rebranding - The MOU includes plans for a corporate rebranding of Jeffs' Brands Holdings to "KeepZone Technologies Inc." to align with its new focus on homeland security [5]