A year on from the Titan submersible disaster , a US billionaire is launching a new $20m submarine project to prove that the Titanic wreck site can be explored safely. Larry Connor, 74, a real estate tycoon from Ohio, plans to travel 12,400 feet to the bottom of the North Atlantic in a two-person submersible, made by Triton Submarines. This comes after five people lost their lives – including OceanGate founder Stockton Rush – in a similar sub when it suffered a catastrophic implosion around an hour and 45 minutes into its dive to the Titanic wreck site.
OceanGate, which charged $250,0000 for trips to the site, subsequently suspended all its operations, pending an investigation that is still ongoing. “I want to show people worldwide that while the ocean is extremely powerful, it can be wonderful and enjoyable and really kind of life-changing if you go about it the right way,” Connor told the Wall Street Journal . Connor is working with Patrick Lahey, an experienced diver and submersible designer, who co-founded Triton Submarines.
They will make the journey in a sub known as the Triton 4000/2 Abyssal Explorer – one of a range of submersibles produced by the company. Already advertised on the Triton Submarines website, Connor said the vehicle utilises new technology that wasn’t available as recently as five years ago. “Patrick has been thinking about and designing this for over a decade.
But we didn’t have the materials and technology,” Connor said. “You coul.
