Multiple billionaires have died! The operating company of the Titan announced the suspension of operations for the company | submersible | operation
According to Reuters, on the 6th local time, the website of "Ocean Gate", the operating company of the "Titan" submersible, showed that the company has suspended all exploration and commercial operations.
The Wall Street Journal reported that the reporter requested more information from "Ocean Gate" but has not received a response yet.
According to previous reports, the Titan submersible lost contact with the water surface during a deep-sea exploration at the sinking site of the Titanic on June 18th. The US Coast Guard has confirmed that the submersible lost contact after diving for approximately 105 minutes about 700 kilometers south of St. John's in Newfoundland and Labrador, Canada.
The search and rescue department stated that all five people inside the submersible have died, including 58 year old British billionaire and renowned adventurer Hamish Harding, Pakistani businessman Shahzada Dawood and his 19-year-old son, French submersible pilot Paul Henry Nagolet, and Stockton Rush, CEO and founder of the Ocean Gate exploration company.
![Multiple billionaires have died! The operating company of the Titan announced the suspension of operations for the company | submersible | operation](https://a5qu.com/upload/images/2d580a663020a9fc6a4837755153f336.jpg)
The US Coast Guard announced on June 28th local time that they have received the wreckage of the Titan submersible and related evidence, which may include human remains. The relevant evidence will be further analyzed and tested by the Maritime Investigation Committee.