Ocean Power Technologies, Inc. 8-K

What Happened
Ocean Power Technologies, Inc. (OPTT) filed an 8-K on January 6, 2026, and issued a press release announcing that it was awarded a multi-buoy contract to support the U.S. Department of Homeland Security. The press release is attached to the filing as Exhibit 99.1 and is incorporated by reference.

Key Details

• Filing date: January 6, 2026 (Form 8-K, Item 8.01 Other Events).
• Event: Award of a multi-buoy contract to support the U.S. Department of Homeland Security.
• Company disclosure: Press release attached as Exhibit 99.1; no dollar value, contract length, delivery schedule, or financial impact was disclosed in the 8-K.

Why It Matters
A government contract award signals commercial activity and potential future work for Ocean Power Technologies, especially from a U.S. federal agency. However, because the company did not disclose contract value or timing in this filing, investors should look for follow-up disclosures (e.g., subsequent 8-Ks, press releases, or quarterly reports) for details on revenue recognition, contract terms, and expected impact on the company’s financials.