A key employee with the company that owned the experimental submersible that imploded en route to the wreckage of the Titanic pushed back at a question from a Coast Guard investigator about whether OceanGate felt a sense of "desperation" to complete the dives because of the high price tag.

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 that he hopes the tragedy yields a renewed interest in exploration.

A paid passenger on an expedition to the Titanic with the company that owned the Titan submersible testified before a U.S. Coast Guard investigatory panel Friday that the mission he took part in was aborted due to apparently mechanical failure.