Jeffs' Brands Enters into a Patent Licensing Agreement to Market and Sell Photovoltaic Technology on Amazon
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Jeffs' Brands Ltd has entered into a patent licensing agreement with Xiamen Fast Power Co., Ltd. to market and sell innovative waterproof photovoltaic technology on Amazon. This agreement allows Jeffs' Brands to use Xiamen's patented technology for three years in exchange for royalty payments.
November 21, 2024 | 2:45 pm
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Jeffs' Brands Ltd has secured a licensing agreement to market and sell Xiamen's waterproof photovoltaic technology on Amazon, potentially enhancing its product offerings and market reach.
The licensing agreement allows Jeffs' Brands to expand its product offerings with innovative photovoltaic technology, which could attract more customers and increase sales on Amazon. This is likely to have a positive impact on JFBR's stock price in the short term.
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