What is the company RMS Titanic trying to recover?

Marconi Wireless Telegraph
ATLANTA, July 22, 2020 /PRNewswire/ — RMS Titanic, Inc., (RMST) announced today that it will conduct its ground-breaking rescue expedition to Titanic, nearly 109 years after its maiden voyage, to recover the Marconi Wireless Telegraph from inside Titanic, in late spring/early summer of 2021.

Why is the Titanic decomposing?

Salt corrosion eats away at the hull, and it is also affected by galvanic corrosion. The most dramatic deterioration has been caused by biological factors. A newly discovered species of rust-eating bacterium found on the ship has been named Halomonas titanicae, which has been found to cause rapid decay of the wreck.

Is it legal to take stuff from the Titanic?

(RMST). The private firm holds salvage rights to Titanic, which means that it is the only entity allowed to remove artifacts from the wreck site. Generally, salvage rights to a shipwreck in international waters go to the first people who bring an object from the wreck to the surface.

Who owns Titanic artefacts?

Since 1987, a private American company called RMS Titanic, Inc. has salvaged more than 5,000 artifacts from the Titanic. These relics include everything from pieces of the hull to china. RMS Titanic, Inc.

Why cant the Titanic be recovered?

Well, the simple truth is that Titanic is pretty much gone at this point – it rusted away. There isn’t really anything that could be recovered as a single piece. Titanic’s wreckage was only discovered in 1985 after multiple unsuccessful missions. At that time it was already a huge pile of rust and not much more.

Who is the rich guy in Titanic?

John Jacob Astor IV
Astor was the richest passenger aboard the RMS Titanic and was thought to be among the richest people in the world at that time with a net worth of roughly $87 million when he died (equivalent to $2.33 billion in 2020)….

Who owns Titanic relics?

RMS Titanic, Inc.
Since 1987, a private American company called RMS Titanic, Inc. has salvaged more than 5,000 artifacts from the Titanic. These relics include everything from pieces of the hull to china. RMS Titanic, Inc.