The submersible that disappeared after travelling 12,500 feet to the ocean floor to explore the wreck of the Titanic is believed to have suffered a 'catastrophic implosion'.
OceanGate Expeditions, the company who owned the submersible, released a statement announcing the deaths of their CEO Stockton Rush, British billionaire Hamish Harding, Shahzada Dawood and his son Suleman Dawood and French explorer Paul-Henri Nargeolet.
They said: "These men were true explorers who shared a distinct spirit of adventure, and a deep passion for exploring and protecting the world’s oceans.
"Our hearts are with these five souls and every member of their families during this tragic time. We grieve the loss of life and joy they brought to everyone they knew.
"This is an extremely sad time for our dedicated employees who are exhausted and grieving deeply over this loss.
“The entire OceanGate family is deeply grateful for the countless men and women from multiple organisations of the international community who expedited wide-ranging resources and have worked so very hard on this mission."
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