Jeffs’ Brands Wins Global Exclusive for Drone System Distribution on Amazon
Jeffs' Brands (Nasdaq: JFBR) has secured a two-year exclusive worldwide distribution agreement for advanced drone safety systems on Amazon's global marketplace. The agreement grants the e-commerce company exclusive rights to distribute safety systems developed by a leading drone company, subject to certain conditions. The systems will be sold exclusively through Amazon's marketplace, leveraging Jeffs' Brands' e-commerce expertise to deliver advanced technological solutions to consumers.
Jeffs' Brands (Nasdaq: JFBR) ha ottenuto un accordo di distribuzione esclusiva mondiale della durata di due anni per avanzati sistemi di sicurezza per droni nel marketplace globale di Amazon. L'accordo concede alla società di e-commerce diritti esclusivi per distribuire i sistemi di sicurezza sviluppati da un'importante azienda nel settore dei droni, soggetti a determinate condizioni. I sistemi saranno venduti esclusivamente attraverso il marketplace di Amazon, sfruttando l'expertise di Jeffs' Brands nell'e-commerce per offrire soluzioni tecnologiche avanzate ai consumatori.
Jeffs' Brands (Nasdaq: JFBR) ha asegurado un acuerdo de distribución mundial exclusivo por dos años para sistemas avanzados de seguridad para drones en el marketplace global de Amazon. El acuerdo otorga a la empresa de comercio electrónico derechos exclusivos para distribuir sistemas de seguridad desarrollados por una importante compañía de drones, sujetos a ciertas condiciones. Los sistemas se venderán exclusivamente a través del marketplace de Amazon, aprovechando la experiencia en e-commerce de Jeffs' Brands para ofrecer soluciones tecnológicas avanzadas a los consumidores.
Jeffs' Brands (Nasdaq: JFBR)은 아마존의 글로벌 마켓플레이스에서 2년간의 독점 세계 배급 계약을 체결하여 고급 드론 안전 시스템을 확보했습니다. 이 계약은 전자상거래 회사에 특정 조건에 따라 선도적인 드론 회사가 개발한 안전 시스템을 배포할 독점 권한을 부여합니다. 이 시스템은 아마존의 마켓플레이스를 통해 독점적으로 판매되며, Jeffs' Brands의 전자상거래 전문성을 활용해 소비자에게 고급 기술 솔루션을 제공할 것입니다.
Jeffs' Brands (Nasdaq: JFBR) a obtenu un contrat de distribution exclusive mondial de deux ans pour des systèmes de sécurité avancés pour drones sur le marketplace mondial d'Amazon. Cet accord accorde à l'entreprise de commerce électronique des droits exclusifs pour distribuer des systèmes de sécurité développés par une importante société de drones, sous certaines conditions. Les systèmes seront vendus exclusivement via le marketplace d'Amazon, en s'appuyant sur l'expertise en e-commerce de Jeffs' Brands pour fournir des solutions technologiques avancées aux consommateurs.
Jeffs' Brands (Nasdaq: JFBR) hat einen zwei Jahre dauernden exklusiven weltweiten Vertriebvertrag für fortschrittliche Drohnensicherheitssysteme im globalen Marktplatz von Amazon gesichert. Der Vertrag gewährt dem E-Commerce-Unternehmen exklusive Rechte zur Verbreitung von Sicherheitssystemen, die von einem führenden Drohnenunternehmen entwickelt wurden, unter bestimmten Bedingungen. Die Systeme werden ausschließlich über Amazons Marktplatz verkauft, wobei die E-Commerce-Expertise von Jeffs' Brands genutzt wird, um den Verbrauchern fortschrittliche technologische Lösungen anzubieten.
- Secured exclusive worldwide distribution rights for drone safety systems
- Two-year exclusivity period on Amazon's global marketplace
- Expansion into high-tech drone safety market
- Distribution agreement subject to undisclosed conditions
Insights
The exclusive worldwide distribution agreement for drone safety systems marks a strategic expansion into a high-growth market segment. Drone safety systems are becoming increasingly critical as commercial and recreational drone usage continues to surge. The two-year exclusivity period on Amazon's marketplace provides JFBR with a significant competitive advantage in this specialized niche.
However, the agreement's impact remains uncertain without disclosure of financial terms, minimum purchase requirements, or specific product details. The drone safety systems' market potential will largely depend on pricing strategy, regulatory compliance and compatibility with popular drone models. Given JFBR's micro-cap status and the unspecified "certain conditions" attached to the agreement, investors should carefully monitor the execution and revenue materialization from this opportunity.
While the drone safety systems market presents growth potential, several factors warrant consideration. Amazon's marketplace penetration could provide significant exposure, but success depends heavily on JFBR's ability to effectively market and distribute these systems. The lack of specific revenue projections or pricing details makes it difficult to quantify the potential impact on JFBR's financials.
The agreement's value proposition hinges on the unnamed drone company's reputation and the systems' competitive advantages. Without these details, assessing market reception remains speculative. For a company with a market cap of just
Tel Aviv, Israel, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, announced that it has entered into an agreement granting it the exclusive worldwide right to distribute certain advanced drone safety systems developed by a leading drone company for a period of two years and subject to certain conditions. The innovative drone safety systems will be sold by the Company exclusively through the Amazon’s global marketplace.
The entry into the agreement, previously announced, highlights Jeffs’ Brands’ commitment to leveraging its expertise in e-commerce to bring advanced technological solutions to consumers. With a focus on high standards of reliability and performance, these drone safety systems are set to address key challenges in the industry.
About Jeffs’ Brands Ltd.
Jeffs' Brands aims to transform the world of e-commerce by creating and acquiring products and turning them into market leaders, tapping into vast, unrealized growth potential. Through the Company’s management team’s insight into the FBA Amazon business model, it aims to use both human capability and advanced technology to take products to the next level. For more information on Jeffs’ Brands Ltd visit https://jeffsbrands.com.
Forward-Looking Statement Disclaimer
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, we are using forward-looking statements when discussing the Company’s exclusive worldwide distribution rights of certain advanced drone safety systems which are subject to certain conditions, the Company’s commitment to leveraging its expertise in e-commerce to bring advanced technological solutions to consumers, and the ability of the drone safety systems to address key challenges in the industry. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our ability to adapt to significant future alterations in Amazon’s policies; our ability to sell our existing products and grow our brands and product offerings, including by acquiring new brands; our ability to meet our expectations regarding the revenue growth and the demand for e-commerce; the overall global economic environment; the impact of competition and new e-commerce technologies; general market, political and economic conditions in the countries in which we operate; projected capital expenditures and liquidity; the impact of possible changes in Amazon’s policies and terms of use; the impact of the conditions in Israel, including the recent attacks by Hamas, Iran, and other terrorist organizations; and the other risks and uncertainties described in the Company’s Annual Report on Form 20-F for the year ended December 31, 2023, filed with the U.S. Securities and Exchange Commission (“SEC”), on April 1, 2024 and our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Investor Relations Contact:
Michal Efraty
Adi and Michal PR- IR
Investor Relations, Israel
michal@efraty.com
FAQ
What exclusive distribution rights did Jeffs' Brands (JFBR) secure in December 2024?
How long is Jeffs' Brands (JFBR) drone safety systems distribution agreement valid?
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