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Plans to Retrieve Titanic Wireless Equipment Put on Indefinite Hold

Plans to Retrieve Titanic Wireless Equipment Put on Indefinite Hold 02/02/2021 RMS Titanic, Inc., (RMST) the company that owns salvage rights to the Titanic shipwreck, has indefinitely put off its plans to retrieve the vessel’s radio equipment for exhibit. The company cited the coronavirus pandemic for the delay, according to a court filing the company made on January 29. The Atlanta-based company said its plans have faced “increasing difficulty associated with international travel and logistics, and the associated health risks to the expedition team.” RMST’s primary source of revenue comes from its exhibits of its vast collection of Titanic relics, which have been closed or seen only limited attendance due to virus-related restrictions.

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