NJ-OPEX-CORP
30.4.2024 09:01:33 CEST | Business Wire | Press release
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
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
Eaton Strengthens European Manufacturing With Expanded Production Facility in Austria1.10.2026 09:00:00 CEST | Press release
Increased capacity supports growing demand from electrification and critical infrastructure marketsNew fully automated miniature circuit breaker production and expanded low-voltage systems assembly capacity in Schrems5,000 m² facility expansion combines advanced automation, digital integration and end-to-end product traceability Eaton will celebrate the expansion of its manufacturing facility in Schrems, Austria, on 1 October 2026. The expansion supports growing demand driven by electrification and digitalisation across Europe while increasing regional manufacturing capacity for electrical protection and power management solutions. Completed in less than ten months, the expansion combines fully automated production with advanced digital integration and end-to-end product traceability. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261001416101/en/ Eaton expanded manufacturing capacity in Europe for power management solutions
Aegir Insights Launches Next-Generation Energy Intelligence Platform1.10.2026 09:00:00 CEST | Press release
One platform across wind, solar, storage and data centers combining commercial intelligence with investment modeling; the foundation for energy vertical AI Aegir Insights today announced the launch of its next-generation energy intelligence platform, combining commercial data, expert research and investment modeling in a single environment for investment decisions across onshore wind, offshore wind, solar, energy storage and data centers. The Aegir Platform links the intelligence that informs commercial decisions in renewables: Markets, companies, projects, auctions, supply chains and transactions. Together with analyst research and investment software, it gives the full context to assess where to invest, which assets and counterparties to consider, and what determines their viability. "Energy investment depends on understanding how projects, companies and markets fit together," said Scott Urquhart, CEO of Aegir Insights. "An asset's ownership, auction position, supply chain and route
Advanced MRI Imaging Reveals Changes in Muscle Composition and Fat Infiltration During Obesity Treatment1.10.2026 08:55:00 CEST | Press release
AMRA Chief Scientific Officer Dr. Jennifer Linge will present at EASD 2026, highlighting how quantitative MRI can reveal changes in muscle that conventional measures does not fully capture. As obesity treatment continues to evolve, understanding what happens to muscle during weight loss is becoming increasingly important. At the 62nd Annual Meeting of the European Association for the Study of Diabetes (EASD),AMRA Medical Chief Scientific Officer Dr. Jennifer Linge will present how advanced MRI-based analysis can provide a more detailed view of changes in muscle composition during obesity treatment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260930545312/en/ Advanced MRI-based analysis can provide a more detailed view of changes in muscle composition during obesity treatment The presentation addresses an increasingly important question in obesity research: what happens to muscle as people lose weight?Understanding muscle
Ares Strengthens Commitment to Plenitude Through €1 Billion Capital Contribution1.10.2026 08:30:00 CEST | Press release
Reorganization of Plenitude’s capital structure expands Ares’ economic and governance participation in the company Ares Management Corporation (NYSE: ARES), a leading global investment manager, announced today that Ares Alternative Credit funds (“Ares”) participated in a reorganization of the shareholding and governance structure of Plenitude through which Ares and Eni S.p.A (“Eni”) upsized their capital contribution by approximately €1.5 billion, of which over €1 billion is attributable to Ares, based on a pre-money equity valuation of Plenitude of €10.75 billion. Following completion of the transaction, Ares holds 26.24% of Plenitude’s share capital, with Eni holding 65.03% and Energy Infrastructure Partners (“EIP”) as an 8.73% shareholder. Ares first invested in Plenitude in 2025, acquiring a 20% stake in the business for approximately €2 billion. This transaction is geared towards strengthening Plenitude’s capital structure and introduces an enhanced governance framework that suppo
Orifarm Unveils 2031 Strategy to Accelerate Growth Across Europe, With Significant Expansion in Generics1.10.2026 08:10:00 CEST | Press release
With its five-year strategy, Fit to Scale, Orifarm sets out an ambitious path to scale across Europe, including a major expansion of its prescription medicines business from a Nordic footprint to a broader European platform. The strategy aims to double EBITDA to €300m and generate more than €3bn in revenue by 2031, marking the next step in Orifarm's journey as a diversified European pharmaceutical company bringing affordable medicines to more customers, patients and healthcare systems. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260930257993/en/ Orifarm Headquarter, Odense Denmark “As European healthcare systems face rising demand, budget pressures, and supply challenges, Orifarm is uniquely positioned to improve access to affordable medicines and strengthen European supply. Our Fit to Scale strategy is about playing an even bigger role in meeting these needs and taking Orifarm to the next level,” says Mads Fink Eriksen,
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
