Migaloo
- Austria's Migaloo is offering to build a private "submersible superyacht" for the ultrarich.
- It says the M5 would be able to travel 820 feet underwater and stay submerged for a month.
- Despite the high up-front cost, CEO Christian Gumpold says the firm is in talks with buyers.
Forget megayachts. Forget billionaire basements. If you're unfathomably rich and want a new toy, there's an Austrian company that says it will build you a fully submersible yacht.
And this is no rickety Titan submersible.