The co-founder of the company that owned the experimental submersible that imploded en route to the wreckage of the Titanic told a Coast Guard panel Monday he hoped the silver lining of the disaster would be that it inspires a renewed interest in exploration, including the deepest waters of the world's oceans.

“This can’t be the end of deep ocean exploration. This can’t be the end of deep-diving submersibles and I don’t believe that it will be,†said businessman Guillermo Sohnlein, who helped found OceanGate with Stockton Rush.

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