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Jeffs’ Brands Enters into a Definitive Agreement with Scanary, Marking Entry into the Global Homeland Security Market
Globenewswire· 2025-12-05 13:32
Core Insights - Jeffs' Brands Ltd has entered into a distribution agreement with Scanary Ltd, marking its strategic entry into the global homeland-security sector [1][2] Company Overview - Jeffs' Brands is a data-driven e-commerce company focused on transforming products into market leaders through advanced technology and management insights [4] Agreement Details - KeepZone AI Inc., a subsidiary of Jeffs' Brands, will market and distribute Scanary's AI-radar screening systems, which can scan up to 25,000 people per hour without stopping [2] - The agreement includes a one-time payment of $1 million to Scanary, payable in five monthly installments of $200,000 [3] - Scanary will provide a free demonstration unit and technical support for pre-sales activities [3] Market Potential - The security scanning equipment market was valued at over $11.4 billion in 2022 and is expected to grow at a CAGR of over 7% from 2023 to 2032 [3] Distribution Rights - KeepZone has exclusive distribution rights for the systems in Canada, Germany, and the UAE for an initial 24-month period, extendable upon achieving a purchase target of 20 systems [6] - Non-exclusive distribution rights are granted in Spain and Italy [6]
Jeffs' Brands Plans to Enter the Homeland Security Market with a Unique Security AI Screening Technology
Globenewswire· 2025-12-01 12:32
Core Viewpoint - Jeffs' Brands Ltd has entered into a non-binding Memorandum of Understanding (MOU) with Scanary Ltd to distribute AI-driven electromagnetic imaging security systems, marking a strategic entry into the global homeland-security sector [1][5]. Group 1: MOU Details - The MOU grants Jeffs' Brands Holdings the right to market and distribute Scanary's AI-radar screening systems, which can scan up to 25,000 people per hour without stopping them [2]. - The system provides real-time threat detection in under two seconds, utilizing 3D imaging and AI technology, and is designed for high-demand environments such as airports and stadiums [3]. - Jeffs' Brands Holdings will make a one-time payment of $1,000,000 to Scanary, payable in five installments, and will receive a demo system and technical support [4]. Group 2: Market Potential - The security scanning equipment market was valued at over USD 11.4 billion in 2022 and is expected to grow at a CAGR of over 7% from 2023 to 2032 [4]. - Jeffs' Brands Holdings will have exclusive distribution rights in Canada, Germany, and the UAE for an initial 24-month period, with the possibility of renewal based on sales performance [8]. Group 3: 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 security technology [5].
Jeffs' Brands: Jeffs' Brands Holdings Enters Into a Non-Binding MOU for an Exclusive Multi Continent Distribution Agreement of an Electromagnetic Imaging, AI Homeland Security Technology
Globenewswire· 2025-11-17 13:08
Core 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]