Titan co-founder aimed to create fleet of submersibles, probe told

The firm had planned to expand its activities (US Coast Guard Video courtesy Pelagic Research Services via AP)

The co-founder of the company that owned the experimental submersible that imploded en route to the wreckage of the Titanic has described lofty goals when the company was created, telling the US coast guard that the company wanted to create multiple deep-water submersibles that could be deployed around the world.

Businessman Guillermo Sohnlein, who helped found OceanGate with Stockton Rush, said the original vision was to create a fleet of four or five deep-diving submersibles capable of carrying five people to 6,000 metres (6,500 yards) deep.