A billionaire invests nearly $20 million in a submersible to visit the Titanic and prove the safety of the industry

Billionaire invests nearly $20 million in submersible to visit the Titanic and prove industry safety
Billionaire invests nearly $20 million in submersible to visit the Titanic and prove industry safety (Reproduction / Triton Submarines Official Website)

Larry Conner, a billionaire in the real estate sector from Ohio, United States, is building a submersible worth over $19 million for two people, designed to reach depths of 12,400 feet in the North Atlantic and visit the wreckage of the Titanic.

+ Spectacular Video: Romania Tests K2 Black Panther Tank

This initiative aims to prove that the submersible industry is safe, especially after the tragic implosion of the OceanGate’s submersible, which resulted in the death of five people last June. It is worth noting that after the incident, OceanGate suspended its operations for investigation.

Conner is collaborating with Patrick Lahey, co-founder of Triton Submarines, to develop the Triton 4000/2 Abyssal Explorer, a high-performance submersible with an acrylic hull and a diving capacity of up to 4,000 meters. The duo has already conducted deep expeditions, such as in the Mariana Trench.

Billionaire invests nearly $20 million in submersible to visit the Titanic and prove industry safety (Disclosure / Triton Submarines Official Website)
Billionaire invests nearly $20 million in submersible to visit the Titanic and prove industry safety (Disclosure / Triton Submarines Official Website)

They intend to offer exclusive trips for around $762,000 per dive, highlighting that current technology enables the construction of more advanced submersibles than five years ago.

Triton Submarines promotes the Abyssal Explorer as a robust platform for professional exploration at great depths. Meanwhile, the investigation into the OceanGate implosion continues. Conner hopes that his expeditions will demonstrate the safety and transformative potential of submersible travel, encouraging a new perspective on ocean exploration.

Source: The Mirror

Photos: Triton Submarines Official Website | This content was created with the assistance of AI and reviewed by the editorial team.

Back to top