June 22, 2023, 5:19 PMlost Titanic tourist submersible
In some public statements, the company suggested that its Titan submersible -- the company's only vessel able to reach Titanic depths -- was designed and engineered with the assistance of entities such as Boeing, the University of Washington and the National Aeronautics and Space Administration. In statements to ABC News, each entity described its role in Titan submersible, or lack thereof, as more limited than sometimes stated by OceanGate.
Victor Balta, a UW spokesperson, added that OceanGate and UW’s Applied Physics Laboratory initially signed a $5 million collaborative research agreement, but the two entities “parted ways” after only $650,000 of work was completed. That research only resulted in the development of another OceanGate submersible, the shallow-diving Cyclops I submersible, according to Balta.
“No UW researchers were involved in any of those tests and UW personnel did not provide any verification or validation of any OceanGate equipment as a result of those tests,” Balta said in a statement. In a 2021 press release, OceanGate thanked "industry partner" Boeing for their “design and engineering support” related to the Titan submersible.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Mynorthwest - 🏆 438. / 53 Read more »
Source: KTVU - 🏆 465. / 53 Read more »
Source: FoxBusiness - 🏆 458. / 53 Read more »
Source: snopes - 🏆 228. / 63 Read more »