Wednesday February 21, 2024

Migaloo M5: World's first $3 billion 'super submarine' to rule oceans soon

Migaloo's M5 "super submarine" is first of its kind, looking for billionaires to invest

By Web Desk
February 03, 2024
An illustration depicting Migaloos M5. — Migaloo
An illustration depicting Migaloo's M5. — Migaloo

The Austrian business Migaloo claims to have combined the luxury of a superyacht with the stealth of a submarine to create the "world's first luxury super submarine" worth $3 billion.

The new M5 luxury super submarine is the first of its kind and was developed by a European private submersible yacht company. The ship has been referred to as the “future of yachting,” according to Interesting Engineering.

It is also praised for being a luxurious hybrid ship that can go underwater for up to four weeks. It is the perfect getaway for sophisticated explorers and wealthy billionaires because it offers unrivalled protection and unique chances for quiet exploration.

Christian Gumpold, CEO and founder of Migaloo, stated: "We believe that Submersible Superyachts are the future of yachting."

The construction project is estimated to cost AUD 3 billion, and the corporation is having trouble finding purchasers because of safety concerns.

The CEO, Christian Gumpold, highlights the need for creative billionaires with a forward-thinking approach and reports that talks with possible purchasers are still in progress. However, the Migaloo M5 is yet to sail.

Jet skiing, kite surfing, paddle boarding, mini-submarines, helicopter trips, two pools, a jacuzzi, a cafe, a 36-seat dining room, and optional extras like a swimming pool, wine cellar, or movie theatre are among the facilities that come with M5, according to Air Mail.

In addition, it can descend to a depth of 250 metres and is 541 feet long, with room for 20 passengers and 40 crew members.