Overview

• OceanGate's Titan submersible imploded during a dive to the Titanic wreckage, resulting in the deaths of 5 people including the CEO.
• The company has suspended all exploration and commercial operations following the incident.
• There were previous warnings about safety issues with the Titan submersible that were ignored.
• Debris from the submersible was found on the ocean floor, indicating it instantly imploded at a depth of over 12,500 feet.
• Investigations have been launched to determine the cause of the disaster and whether the company was negligent.