OceanGate Expeditions has indefinitely suspended all of its exploration and commercial operations following the catastrophic failure of its Titan submersible in late June.
OceanGate made the announcement via a banner on its website. The company had previously offered expensive tickets to visit the ocean floor and the wreck of the Titanic.
“OceanGate has suspended all exploration and commercial operations,” the announcement reads in red text.
This is a developing story. Check back soon for updates.