OceanGate Halts Operations Following Deadly Titan Sub Implosion

1 min read
Source: CBS News
OceanGate Halts Operations Following Deadly Titan Sub Implosion
Photo: CBS News
TL;DR

OceanGate, the company that owned and operated the submersible that imploded with five people on board, has suspended all exploration and commercial operations. The Coast Guard, along with authorities from Canada, France, and the United Kingdom, are investigating the cause of the deadly implosion. OceanGate had been warned of potential safety problems for years, and an employee who raised concerns was fired. The company charged $250,000 per person for the Titanic voyage and had touted its innovative technology.

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