The Coast Guard's report on the Titan submersible disaster concluded that the implosion was 'preventable' and highlighted critical flaws in OceanGate's safety procedures.

The victims of the tragedy included Stockton Rush, French scientist Paul-Henri Nargeolet, British adventurer Hamish Harding, and Pakistani-British businessman Shahzada Dawood and his son Suleman.

The investigation revealed that OceanGate misclassified submersible passengers as 'mission specialists' to bypass safety regulations, misleadingly suggesting their participation was for scientific research.

In response to the findings, the report recommends increased federal oversight of submersibles and mandates third-party certification, which could limit the use of carbon fiber in hull construction.

Concerns about the Titan's safety and Stockton Rush's decisions had been raised by former employees and industry professionals, warning against the risks of using unclassified technology in extreme conditions.

Just before the implosion, crew members expressed concerns that Rush was rushing the dive, with one stating he felt Rush was becoming increasingly frustrated.

The report suggests that the implosion was likely due to a failure of the glue joint or delamination within the hull, with no proper testing conducted to identify potential flaws.

The Titan's real-time monitoring system was deemed 'critically flawed' and unreliable, lacking an audible alarm and having inoperable pressure sensors that failed to alert the crew of impending danger.

The Titan incident serves as a cautionary tale regarding unregulated innovation, urging industry professionals to reevaluate risk management practices to prioritize safety over ambition.

Chloe Nargeolet, daughter of victim Paul-Henri Nargeolet, expressed satisfaction with the investigation, asserting that the incident was not due to bad luck but could have been avoided.

A contractor who raised safety concerns with OceanGate management was dismissed for having a 'bad attitude', reflecting a dismissive corporate culture that prioritized an 'innovative and cowboy' mindset.

Despite the disaster, billionaire Larry Connor announced plans for commercial dives to the Titanic with a new submersible that he claims will be safe and cost up to 15 million dollars.