The Ontario Teachers’ Pension Plan has been granted a patent for a container designed with an open and closed state. It features an outer cell with side panels, an inner locking member, and an extension panel that secures the container when closed, utilizing a bias member for effective locking. GlobalData’s report on Ontario Teachers’ Pension Plan gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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According to GlobalData’s company profile on Ontario Teachers' Pension Plan, was a key innovation area identified from patents. Ontario Teachers' Pension Plan's grant share as of July 2024 was 64%. Grant share is based on the ratio of number of grants to total number of patents.
Container with open and closed states using locking mechanism
The patent US12054324B2 describes an innovative container apparatus designed to transition between an open and closed state. The container features an outer cell with multiple side panels, including a first and second side panel that define a chamber with a first opening. An inner locking member is affixed to the first side panel's inner wall, while an extension panel attached to the second side panel includes a cover panel and a tuck flap. The tuck flap incorporates an extension member and a locking mechanism that secures it within the chamber when the container is closed. A bias member is integrated to maintain the tuck flap locking member in a position that engages the inner locking member, ensuring the container remains securely closed.
Additionally, the apparatus includes a release member that allows for disengagement of the tuck flap locking member from the inner locking member upon application of an external force. The design accommodates various configurations, including rectangular or square cross-sectional shapes, and can be constructed from a continuous sheet of material. The container may also feature an inner cell and a bias panel that divides the chamber into sub-chambers for organized storage. Notably, the container can be made from folded paperboard or cardboard, potentially lined with moisture or oil barriers, such as polyresin or bioresin, enhancing its functionality and durability.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
