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NEWS
Jeffs' Brands and Deliverz.AI Sign a Binding Letter of Intent for a U.S. Joint Venture Involving AI-Powered Fully Autonomous Robots
Tuesday, 3rd December at 7:25 am
Jeffs' Brands enters service robotics market, expected to reach $84.8 billion by 2028 according to MarketandMarkets, through this new joint venture
Tuesday, 3rd December at 7:25 am
Jeffs' Brands enters service robotics market, expected to reach $84.8 billion by 2028 according to MarketandMarkets, through this new joint venture
Tel Aviv, Israel, Dec. 03, 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, has entered into a binding Letter of Intent ("LOI") with Deliverz.AI Ltd. ("Deliverz.AI"), a company focused on artificial intelligence ("AI") powered fully autonomous multi-purpose robotic platforms, as previously announced on November 27, 2024.
The LOI, entered into on November 27, 2024, outlines a plan to establish a joint venture ("JV") to operate exclusively in the United States, combining the strengths of both companies to introduce AI-powered fully autonomous robotic solutions for healthcare logistics in the United States.
Deliverz.AI specializes in autonomous navigation platforms that streamline logistics operations.
Their flagship robot, Polly, is already in use at Israel's Sheba Medical Center, ranked by Newsweek magazine as the 9th best hospital in the world, where it autonomously delivers chemotherapy drugs across complex hospital environments.
The company's AI-powered platforms are designed for seamless indoor and outdoor navigation, optimizing workflows in healthcare, smart cities, and Industry 4.0 applications.
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