This is an archive article published on June 22, 2023
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What is OceanGate, the company behind the missing submersible on a Titanic expedition?

Among the five people on the missing Titan is OceanGate CEO and Founder, Stockton Rush. What is this US-based company behind this expedition?

The Titan submersible, operated by OceanGate Expeditions to explore the wreckage of the sunken SS Titanic off the coast of Newfoundland, dives in an undated photograph.The Titan submersible, operated by OceanGate Expeditions to explore the wreckage of the sunken SS Titanic off the coast of Newfoundland, dives in an undated photograph. (OceanGate Expeditions/Handout via REUTERS)
5 min readNew DelhiJun 23, 2023 10:47 AM IST First published on: Jun 22, 2023 at 05:11 PM IST

On Sunday, (June 18), a small submersible vessel named Titan, carrying five people nearly 4,000 metres down the Atlantic Ocean to view the 1912 wreckage of the Titanic, lost contact with those at the surface.

Four days on, as the deadline looms for the vessel’s oxygen supply to run out, authorities are making last-ditch rescue efforts.

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The trip was organised by the company OceanGate Inc, which mentions private “crewed submersible exploration” as part of its offerings. Notably, among the five people who are now missing is the vessel pilot and OceanGate CEO and Founder, Stockton Rush.

What is OceanGate Inc?

OceanGate Inc is a US-based company founded in 2009. Its website describes itself as “an ocean exploration venture focused on providing crewed submersible services to enable researchers and explorers to access the oceans’ vast resources”, adding that it plans to evolve methods to lower the costs of such explorations.

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