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Jeffs' Brands to Sell Approximately 7% of Fort Technology's Outstanding Shares Reflecting up to CAD $20 million Valuation for Fort Technology
Globenewswire· 2025-12-26 12:42
Core Viewpoint - Jeffs' Brands Ltd is divesting retail assets to concentrate on homeland security and advanced technologies, marking a strategic shift in its business focus [1][3]. Group 1: Transaction Details - On December 18, 2025, Jeffs' Brands entered into a share transfer agreement to sell 1,428,571 common shares of Fort Technology Inc. for a total consideration of CAD $928,571, which is approximately CAD $0.65 per share [1]. - The shares sold represent about 10% of Jeffs' Brands' holdings in Fort and approximately 7.4% of Fort's outstanding shares, valuing Fort at CAD $12.5 million, or up to CAD $20 million on a fully diluted basis [1][2]. - Following this sale, Jeffs' Brands will maintain a 73.93% equity stake in Fort, ensuring it retains a majority interest [2]. Group 2: Strategic Focus - The divestment is expected to provide additional liquidity as the company continues to execute its strategy focused on homeland security and advanced technologies [3]. - Jeffs' Brands has expanded into the global homeland security sector through its wholly-owned subsidiary, KeepZone AI Inc., aiming to deliver comprehensive security ecosystems for critical infrastructure worldwide [3].
Jeffs’ Brands: KeepZone AI Signs Exclusive Distribution Agreement, Expanding Homeland Security Portfolio
Globenewswire· 2025-12-15 13:18
Core Insights - Jeffs' Brands Ltd is expanding into the global homeland security sector through its subsidiary KeepZone AI Inc, which has signed an exclusive distribution agreement with Zorronet Ltd to enhance its security solutions portfolio [1][2][6] Group 1: Strategic Partnership - The partnership aims to integrate Zorronet's advanced AI technology into KeepZone's offerings, creating a comprehensive security ecosystem for threat detection and response [2][6] - KeepZone has exclusive distribution rights for Zorronet's Unmanned Robotic Control Room solution in Mexico and Israel for an initial 12-month period, with potential for extension based on performance [3][6] Group 2: Technology and Applications - Zorronet's technology provides an AI-based autonomous Security Operations Center, enabling real-time monitoring and threat response with minimal human intervention [4][6] - The solution is designed for high-security applications, including critical infrastructure protection and large-scale environments [5][6] Group 3: Market Positioning - This agreement is seen as a significant expansion of KeepZone's homeland security offerings, enhancing its capabilities in the market [6][7] - Jeffs' Brands aims to leverage its data-driven operations to capitalize on the significant growth potential in the homeland security market [7]
On thin ice? Trump considering removing Noem as DHS Secretary
MSNBC· 2025-12-08 16:25
Personnel Changes at DHS - The White House is reportedly considering removing DHS Secretary Christy Gnome as early as next month [1] - Steven Miller, the White House deputy chief of staff, is central to the potential ousting of Gnome [2] - Frustration stems from Gnome's inability to efficiently build out detention facilities despite a $45 billion allocation [3] - Multiple governors have complained to President Trump about Gnome's inefficiency with FEMA resources and disaster relief funds [4] - The decision is not finalized, but sources indicate Gnome is likely to be out at the beginning of the new year [5] Potential Replacements - Glenn Yncan, the outgoing governor of Virginia, is a top contender to replace Gnome [7] - Todd Lions, the acting ICE director, is also being considered as a natural fit for the role [8] - Yncan recently met with DHS and Customs and Border Protection officials [8]
Eviden to manage the Swiss Federal Office for Civil Protection Polyalert system
Globenewswire· 2025-11-19 09:00
Core Points - Eviden has been awarded a contract extension by the Swiss Federal Office for Civil Protection (FOCP) for the Polyalert system, valid until 2031 and extendable until 2035, highlighting the company's technological expertise and adaptability [1][4] - Polyalert, operational since 2016, is a central system for rapid notifications in multiple languages and is a key component of Switzerland's multichannel alerting strategy [2][3] - The system can remotely activate approximately 5,000 sirens and is designed to operate independently of internet or mobile networks, ensuring resilience and security [3][4] - Eviden's operational support will focus on system resilience, modernization, and compliance with FOCP's requirements, utilizing advanced methodologies in managed services [4] - Martin Thüring from Eviden emphasized the company's commitment to supporting Switzerland with scalable mission-critical systems for public safety [5] - Eviden has 30 years of experience in homeland security, providing digital and communication systems that integrate various technologies to safeguard citizens [6] - The company operates with approximately €1 billion in revenue and has a strong portfolio of innovative solutions across multiple sectors [7][8] Company Overview - Eviden is the Atos Group brand specializing in advanced computing, cybersecurity, mission-critical systems, and Vision AI, operating in 36 countries [7] - Atos Group, the parent company, is a global leader in digital transformation with around 67,000 employees and annual revenue of approximately €10 billion [9] - The group is committed to a secure and decarbonized future, providing tailored AI-powered solutions across various industries [9][10]
‘I did it for Corey’: How Kristi Noem’s personal relationship with Trump advisor landed her at DHS
MSNBC· 2025-10-27 21:59
>> IT'S GREAT TO BE WITH YOU, NICOLE. >> YOU HAVE TO KEEP WRITING BOOKS BECAUSE IT'S THE ONLY TIME WE GET. >> TO. >> TALK TO YOU.THEY'RE THEY'RE THEY'RE SO FULL OF REPORTING. AND I WONDER IF YOU COULD TELL ME WHAT YOU REPORTED FOR THE BOOK THAT'S GETTING TRACTION THAT YOU'RE SURPRISED BY. >> LOOK, I THERE'S.>> AN INCIDENT THAT I DESCRIBE. I WOULDN'T. >> SAY IT NECESSARILY SURPRISED ME, BUT THERE'S AN INCIDENT I DESCRIBE WHERE.>> STEVE BANNON BASICALLY LAYS THE GROUNDWORK. >> FOR WHAT WE. >> SAW IN THE OVAL ...
LIVE: Trump makes announcement on Homeland Security task forces | NBC News
NBC News· 2025-10-23 18:26
Event Summary - President Trump made an announcement regarding Homeland Security task forces during a roundtable event at the White House [1] News Coverage - NBC News provides live coverage and news of important stories [1] - NBC News Digital offers diverse and engaging news stories through various platforms [1] Digital Platforms - NBC News can be accessed through NBCNewscom, MSNBCcom, TODAYcom, Nightly News, Meet the Press, Dateline, and their respective apps [1] Content Delivery - NBC News delivers breaking news, live video coverage, original journalism, and segments from NBC News Shows [1] Online Engagement - NBC News encourages online engagement through its app and social media platforms [1]
X @The Wall Street Journal
The Wall Street Journal· 2025-10-17 00:01
Legal & Regulatory - A federal judge intends to mandate the use of body-worn cameras for federal agents involved in Homeland Security's "Operation Midway Blitz" immigration enforcement in Chicagoland [1] Location Specific - The operation took place in Chicagoland [1]
X @The Economist
The Economist· 2025-10-06 19:00
Not long after a raid on South Shore in Chicago, the Department of Homeland Security published a video of young Hispanic men being led away in cuffs. The Hollywood-style visuals seem to have been part of the goal https://t.co/JiYGsJFWeFPhoto: Mega Agency https://t.co/adDRiAHvHy ...
Gunman opens fire on ICE facility in Dallas, Texas
NBC News· 2025-09-24 21:56
Threat Landscape - Increased threat to ICE personnel and facilities is observed [1][2] - An incident occurred in Alvaredo, Texas, where perpetrators attempted to target ICE officers [1] - An ICE officer was assaulted in San Francisco [2] ICE Operations - ICE operations are increasing due to the current administration's mass deportations [2] Investigation & Perspective - The administration suggests the violence fits a pattern of radical leftists opposing ICE [3] - The motive and details of the recent act of violence are still under investigation [3] - Although a bullet with anti-ICE message was found, no ICE officers were harmed [3]
X @Balaji
Balaji· 2025-09-17 10:40
Security & Geopolitics - Indian Homeland Security focused on Naxalism (communist ideology) as the primary threat [1] - The far left's surrender was attained ahead of schedule [1] - The "Red Corridor" at its peak covered 3% of India's landmass [2] - The "Red Corridor" affected close to 10% of India's population [2] - Over 10,000 lives were claimed between 2004 and 2010, with the majority being innocent civilians [2]