Billionaire pursues Titanic-depth dive with $20 million submarine after OceanGate implosion

Ohio billionaire Larry Connor plans to explore the Titanic wreckage site with a new $20 million submarine, just one year after the fatal OceanGate incident that saw five deaths. His goal is to prove that such an expedition can be done safely when proper engineering is employed.

Isabel Johnson, a submarine pilot in training, sits atop the submersible OceanGate Cyclops 1 during a presentation of findings on Monday, June 13, 2016, in Boston, after its undersea exploration of the wreck of the ocean liner SS Andrea Doria in the Atlantic Ocean near Nantucket. The ship went down after a collision nearly 60 years ago, killing 46. (AP Photo/Bill Sikes)

“I want to show people worldwide that while the ocean is extremely powerful, it can be wonderful and enjoyable and really kind of life-changing if you go about it the right way,” Connor told the Wall Street Journal.