During the 2024 Newport to Bermuda race, the sailing vessel Alliance, with nine crew aboard, experienced extensive damage to the hull. As the yacht sank, the crew abandoned ship into a life raft.
The 406 EPIRB carried by the well-equipped vessel and crew helped in the rescue effort.
See https://www.seasofsolutions.com/a-eulogy-for-alliance-the-newport-bermuda-race-incident/ for a great story, and a video from the Alliance’s owners describing the event.