---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-038785"
form_type: "8-K"
ticker: "OPTT"
cik: "0001378140"
company_name: "Ocean Power Technologies, Inc."
filed_at: "2024-09-30T23:59:59+00:00"
generated_at: "2026-05-31T00:25:11.998450+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Ocean Power signs MOU with Brazil's SENAI; ships multiple WAM-Vs to US Gov't

## Summary
- Signed MOU with SENAI in Brazil to explore Blue Economy opportunities including WAM-Vs and PowerBuoys with Merrows AI.
- Shipped multiple WAM-Vs on sole source contract to US Government department; delivery triggers revenue recognition.
- Terms of contract not disclosed; builds on recent commercial success in North America, Sub-Saharan Africa, and Middle East.
- CEO Philipp Stratmann says shipment confirms conversion of pipeline to bookings and revenue.

## SEC filing metadata
- accession: 0001493152-24-038785
- form_type: 8-K
- ticker: OPTT
- cik: 0001378140
- company_name: Ocean Power Technologies, Inc.
- filed_at: 2024-09-30T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1378140/000149315224038785/0001493152-24-038785-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1378140/000149315224038785/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-038785
- JSON: https://secwatch.observer/filing/0001493152-24-038785.json
- Plain text: https://secwatch.observer/filing/0001493152-24-038785.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.