Tony Romeo, a pilot and former Air Force intelligence officer turned CEO of Deep Sea Vision, claims to have discovered the location of Amelia Earhart's missing plane from 1937 after funding an $11 million sea expedition. He sold commercial real estate to finance a deep-sea exploration in the Pacific, using sonar technology to search the ocean floor in the area where Earhart is believed to have crashed. Analysis of the sonar data captured by an underwater drone revealed a blurry image resembling a plane, roughly 100 miles from Howland Island, her intended destination on the historic flight in 1937.
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00:00 It's Benzinga and here's what's on the block.
00:02 Tony Romeo, a pilot and former Air Force intelligence officer turned CEO of Deep Sea Vision, claims
00:08 to have discovered the location of Amelia Earhart's missing plane from 1937 after funding
00:13 an $11 million sea expedition.
00:16 He sold commercial real estate to finance a deep sea exploration in the Pacific, using
00:20 sonar technology to search the ocean floor in the area where Earhart is believed to have
00:24 crashed.
00:25 Analysts of the sonar data captured by an underwater drone revealed a blurry image resembling
00:30 a plane probably 100 miles from Howland Island, her intended destination on the historic flight
00:35 in 1937.
00:37 Romeo contends the object is Earhart's lockhead, 10E Electra.
00:41 Romeo plans to return to the site with advanced equipment to obtain clearer images and potentially
00:46 confirm the discovery.
00:47 For all things money, visit Benzinga.com.
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