Business Wire

NJ-OPEX-CORP

30.4.2024 09:01:33 CEST | Business Wire | Press release

Share
OPEX® Infinity® Automated Storage and Retrieval System Wins Prestigious International Red Dot Award for Product Design

OPEX® Corporation, a global leader in Next Generation Automation for almost 50 years, is proud to announce its Infinity® automated storage and retrieval system (AS/RS) has been recognized with the prestigious Red Dot Award: Product Design 2024. The annual Red Dot Award design competition is regarded as one of the best-known and largest in the world, with winners selected by an international panel of experts who follow the credo, “In search of good design and innovation.”

“We are honored that our Infinity AS/RS has been named the winner of the Red Dot Award: Product Design 2024,” said Alex Stevens, President of Warehouse Automation, OPEX. “At OPEX, we’re continuously developing products and introducing new technology that will help our clients solve their most significant business challenges. Receiving this award demonstrates the significant effort our development team invested to bring Infinity to market.”

OPEX Corporation’s Infinity AS/RS is a goods-to-person technology solution for warehouse automation, designed to combine unparalleled storage density, configurability and flexibility, and increase productivity, throughput and labor utilization. The system features wireless Infinity iBOT® robotic vehicles that can access the entirety of inventory and port stations, moving freely underneath and throughout the system without any wasted mechanical motion, saving both time and cost.

The Infinity AS/RS utilizes a unique interlocking system to store totes triple-deep, and the configurable rack design optimizes warehouse space despite any obstructions that may exist, such as columns or other equipment. This solution is easily scalable by adding more iBOTs, presentation ports and storage expansion modules. With its unmatched reliability and accelerated throughput, the Infinity solution is ideal for multiple applications, including omni-channel distribution, store replenishment, micro-fulfillment and ecommerce.

“OPEX is committed to delivering advanced technology that transforms our clients’ supply chain infrastructure,” said Monty McVaugh, Head of Product, Warehouse Automation, OPEX. “The Infinity AS/RS has been meticulously engineered to improve workflow, reduce costs and drive efficiencies. Our team is deeply grateful this innovative solution is being recognized with the Red Dot Award: Product Design 2024.”

The coveted Red Dot distinction serves as the internationally recognized seal of outstanding design quality. This annual competition is divided into three disciplines: Product Design, Brands & Communication Design, and Design Concept. Award winners are honored at the Red Dot Gala in Essen, Germany, and featured in the Red Dot yearbook, museum and online.

The 2024 Red Dot Award: Product Design jury was comprised of 39 experts from 20 countries across four continents. Submissions were received from 60 different countries. Award winners were selected based on numerous aspects including aesthetic appeal, functionality, and smart or innovative engineering, with all of these attributes demonstrating outstanding design as a common theme.

About OPEX

OPEX® Corporation is a global leader in Next Generation Automation, providing innovative, unique solutions for warehouse, document and mail automation. With headquarters in Moorestown, NJ, USA—and facilities in Pennsauken, NJ; Plano, TX; France; Germany; Switzerland; the United Kingdom; and Australia—OPEX has more than 1,500 employees who are continuously reimagining and delivering customized, scalable technology solutions that solve the business challenges of today and in the future.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240430011335/en/

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com
DK

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

EVE Energy Showcases All-Scenario Energy Storage Solutions at The Smarter E Europe 20261.7.2026 03:45:00 CEST | Press release

EVE Energy unveiled its Mr. Big Family series, a 6.9+ MWh energy storage system, and all-scenario energy storage solutions at Intersolar Europe in Munich. Drawing on traceable large-cell technology, proven large-scale energy storage project delivery experience, and global delivery capabilities, the company is addressing Europe's diverse energy storage requirements across utility-scale, commercial & industrial (C&I ), and data center segments. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260630889717/en/ EVE Energy showcases its Mr. Giant 3.0 6.9+ MWh energy storage system at The Smarter E Europe 2026 in Munich, Germany Advancing Large-Cell Technology with Global Project Validation As one of the first companies to focus on large-capacity energy storage cells, EVE Energy has iteratively upgraded its cell platform from 560 Ah and 628 Ah to 702 Ah, adhering to a stacking process route throughout. At the exhibition, the Mr. Gia

Bending Spoons S.p.A. announces pricing of initial public offering1.7.2026 01:56:00 CEST | Press release

Bending Spoons S.p.A. (“Bending Spoons”), a leading technology company, today announces the pricing of its initial public offering (“IPO”) at $29.00 per share. A total of 57,971,015 ordinary shares are being offered, of which 34,398,640 shares are being offered by Bending Spoons and 23,572,375 shares are being offered by certain selling shareholders (the “Selling Shareholders”). Bending Spoons will not receive any proceeds from any sale of shares by the Selling Shareholders. The shares are expected to begin trading on the Nasdaq Global Select Market under the ticker symbol “BSP” on July 1, 2026. The offering is expected to close on July 2, 2026, subject to customary closing conditions. In addition, Bending Spoons and the Selling Shareholders granted the underwriters an option to purchase up to an additional 5,244,026 ordinary shares from Bending Spoons and up to an additional 3,451,626 ordinary shares from the Selling Shareholders at the initial public offering price, less underwriting

FDA Issues Modified Risk Tobacco Product Orders for 20 ZYN Nicotine Pouch Products30.6.2026 18:19:00 CEST | Press release

FDA’s decision makes ZYN the first nicotine pouch product to receive MRTP orders authorizing reduced-risk claims versus cigarettes Philip Morris International Inc. (PMI) (NYSE: PM) today announced that the U.S. Food and Drug Administration (FDA) issued Modified Risk Tobacco Product (MRTP) orders for 20 variants of ZYN nicotine pouch products. These are the first MRTP orders granted for nicotine pouches, allowing PMI U.S. to market the following claim for the authorized ZYN products: “Using ZYN instead of cigarettes puts you at a lower risk of mouth cancer, heart disease, lung cancer, stroke, emphysema, and chronic bronchitis.” “FDA’s decision is an important moment for the more than 45 million legal-age nicotine consumers in America,” saidStacey Kennedy, PMI U.S. CEO. “Today’s news ensures these adultshave access to accurate, science-based information, including FDA-authorized evidence that switching from cigarettes to ZYN reduces the risk of smoking-related diseases like heart disease

Caidya Announces Strategic Combination with Simbec-Orion Bridging Early Scientific Insight and Global Clinical Execution30.6.2026 17:00:00 CEST | Press release

Caidya today announced a strategic combination with Simbec-Orion designed to close the divide between early scientific insight and global clinical execution. The combination of Caidya and Simbec-Orion creates a differentiated specialty clinical CRO platform that enables programs to scale, maintaining focus, speed, and accountability. The strategic combination brings together complementary strengths to create a more complete development partner for innovative biopharma companies. With established operations across Europe, the Americas, APAC, and China, the combined organization provides meaningful expertise and execution capabilities in the regions that matter most. Simbec-Orion brings early-phase clinical pharmacology capabilities alongside deep therapeutic expertise for later stage complex oncology and rare disease trials, helping sponsors shape critical decisions early in the development lifecycle. Together, the organizations strengthen their ability to support complex, cross-border

Archer® Proves Purpose-Built AI Beats General-Purpose LLMs on Regulatory Change Management: 95% Verified Accuracy, 80x Faster, 92% Lower Cost30.6.2026 16:13:00 CEST | Press release

In a head-to-head benchmark, a leading general-purpose LLM was confidently wrong 35% of the time on regulatory dates. Archer Evolv™ shipped zero errors. For enterprises deploying AI in compliance, a wrong date is a missed deadline. The more dangerous failure is a wrong answer the model returns with high confidence, one that flows silently into a compliance calendar and is only discovered after the window has passed. Archer® today released results showing purpose-built AI beats a general-purpose large language model (LLM) on regulatory work, and it’s not close. This head-to-head test compared Archer’s purpose-built, vertical-specific AI and proprietary data sets against a leading general-purpose LLM, on a core compliance task: determining the publication, effective and comment-close dates of regulatory documents across six jurisdictions. General-purpose models are a genuine breakthrough, and this is no referendum on their quality. The question Archer set out to answer is narrower and mo

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye