Jeffs' Brands shares surge 22.8% premarket after securing exclusive distribution rights for Scanary's AI-radar security systems in key markets.

Jeffs’ Brands surged 22.8% in premarket trading following the announcement of a definitive distribution agreement with Scanary, granting it exclusive rights to market AI-powered threat-detection systems in Canada, Germany, and the UAE. The deal, valued at $1 million in installments, enables the company to enter the fast-growing global homeland-security sector, leveraging Scanary’s technology capable of scanning 25,000 people hourly in open spaces. The agreement includes non-exclusive rights in Spain and Italy, along with repayment terms tied to 10% of Scanary’s profits from non-exclusive territories. The strategic move aligns with the $11.4 billion security scanning equipment market, projected to grow at a 7% CAGR through 2032, positioning Jeffs’ Brands to capitalize on demand for frictionless security solutions in airports, stadiums, and critical infrastructure.