Sir Richard Branson wanted to explore the deepest oceans in the world, but has scrapped those plans to put his energy into Virgin Galactic. Originally announced in 2011, the Virgin Oceanic wanted to conduct five dives at the deepest depths across the world, but the company's DeepFlight Challenger was unable to withstand stress tests.
Here is what Branson said in an open letter published in August: "Starting new ventures takes a 'screw it, let's do it' attitude - business is also knowing when to change tack. We are still highly passionate about exploring the bottom of the ocean. However, we are now widening the focus and looking for new technology to help us explore the ocean."
Meanwhile, a catastrophic event struck its Virgin Galactic SpaceShipTwo, and his team will closely analyze an investigation report from the National Transportation Safety Board (NTSB).