OceanGate is finally on the brink of beginning its first deep-sea dives to the Titanic, the world’s most famous shipwreck, 11 years after the company was founded.
“I was reading somewhere that most overnight successes usually happen in about the 11th year,” the Everett, Wash.-based venture’s founder and CEO, Stockton Rush, told GeekWire. “So I’m hoping that is the case here.”
Those 11 years haven’t all been about the Titanic: OceanGate has been sending its subs into the depths of waters ranging from Seattle’s Elliott Bay and the Salish Sea to New York’s Hudson Canyon and the Andrea Doria’s resting place off the Massachusetts coast.
But diving down to the fabled ocean liner that sank in the North Atlantic in 1912 has been OceanGate’s focus for the past several years. That’s why the company built the Titan submersible, using titanium and carbon fiber, and then rebuilt it when the first vessel wasn’t deemed strong enough to stand up to the pressure of a 12,500-foot-deep (4,000-meter-deep) dive.
Over the past couple of years, OceanGate also had to cope with Canadian red tape and COVID-19 complications. But now Rush says everything looks shipshape for a convoy of trucks to set out in a week to transport the submersible, its launch platform and other equipment to Newfoundland for staging.