Jeffs' Brands shares surge 43.6% premarket after securing Scanary deal for exclusive homeland security system distribution.

Jeffs' Brands surged 43.6% in premarket trading following the announcement of a definitive distribution agreement with Scanary, granting exclusive rights to market AI-radar threat-detection systems in Canada, Germany, and the UAE. The deal, involving a $1 million installment-based payment and repayment via 10% of Scanary’s profits from non-exclusive territories, positions Jeffs’ Brands to enter the fast-growing global homeland-security sector. The technology, capable of scanning 25,000 people per hour in open spaces without halting movement, targets high-demand sectors like airports and transit hubs. With the security scanning equipment market projected to grow at a 7% CAGR through 2032, the strategic expansion aligns with the company’s goal to leverage advanced technology for market leadership.