
According to CEO Christian Gumpold on the Migaloo website, “Owners are looking for privacy, security, and protection for themselves, their guests, and their valuables.” US partner SAFE, which promises “beyond military grade protection” for what it refers to as a “private submersible fortress,” will supply customized security systems.
How much does this exclusive water wonderland cost? Because of all those delicious customizing options, the project budget is unknown, but the frequently circulated estimate for the Migaloo M5 is roughly $2 billion for starters (and that’s before you consider upkeep).
Dreams of submarines
In order to improve both safety and practicality, the M5 incorporates tried-and-true technology from motor yachts and submersibles that are already in use, such as double-hull construction and multiple pressure hulls. Even yet, the question is still open.