---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-043357"
form_type: "8-K"
ticker: "OPTT"
cik: "0001378140"
company_name: "Ocean Power Technologies, Inc."
filed_at: "2024-11-01T23:59:59+00:00"
generated_at: "2026-05-30T06:52:35.354468+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# OPT completes Project Overmatch milestone; delivers WAM-Vs to Latin America, secures follow-on order

## Summary
- Second set of Project Overmatch exercises completed for NIWC Pacific; WAM-Vs deployed; revenue recognized.
- Delivered WAM-V 16 and WAM-V 22 to Latin American survey customers; revenue recognized on integrated systems.
- Follow-on order for WAM-V 8 secured from a Latin American customer, driving growth in region.
- Stock purchase agreement amendment extends expiration to Dec 31, 2024 or when shares fully purchased.

## SEC filing metadata
- accession: 0001493152-24-043357
- form_type: 8-K
- ticker: OPTT
- cik: 0001378140
- company_name: Ocean Power Technologies, Inc.
- filed_at: 2024-11-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1378140/000149315224043357/0001493152-24-043357-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1378140/000149315224043357/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-043357
- JSON: https://secwatch.observer/filing/0001493152-24-043357.json
- Plain text: https://secwatch.observer/filing/0001493152-24-043357.txt

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