The report says Titan began its descent on 18 June 2023 about 372 nautical miles south-southeast of Cape Race, Newfoundland and Labrador. After about one hour and 45 minutes, the support team aboard the Polar Prince lost contact. Wreckage was found on the ocean floor near the Titanic on 22 June. There were no survivors.

The central technical finding is not merely that Titan used carbon fibre. The TSB said its pressure hull consisted of a carbon-fibre cylinder capped by titanium domes, and that using carbon fibre in a deep-ocean human-occupied pressure hull was novel. It also said the as-built properties of the cylinder were never validated against the theoretical values used in design, and that construction and testing did not follow standard engineering practices.

Table: Titan controls and TSB findings

Control areaWhat the report examinedTSB findingConsequence described by TSB
Pressure hull materialCarbon-fibre cylinder with titanium domesAs-built cylinder properties were not validated against design valuesOceanGate did not know how long the hull would remain structurally intact over repeated dives
Strain monitoringPost-dive strain dataAnalysis was inconsistentThe hull was not removed from service before failure
Acoustic monitoringWarning system for impending hull failureThe system was not shown to give consistent advance warning and did not function as intended during the occurrenceIt did not provide a dependable escape margin
Regulatory oversightTransport Canada's role around uncertified vesselsTitan received no oversight from Transport CanadaThe Board issued recommendations on risk-based oversight

Source: Transportation Safety Board of Canada, 2026.