writes "The Wall Street Journal reports that two months after pausing its search for the missing Malaysian Airlines Boeing 777-200ER, the Australian Transport Safety Bureau (ATSB) is ready to reboot its search. The ATSB is poised to select among bids from the world's most-advanced deep-water specialists, including offshore oil-and-gas companies, maritime research institutions and treasure hunters eager to use their technologies and experience to solve the Flight 370 riddle—and potentially raise their own profiles in the process. The ATSB is expected to choose one or more of the bidders over the next several weeks before relaunching the search with $56 million in funding in late August.
With no hard evidence of where the plane went down, the search will test the recovery industry's abilities like nothing before. In June, Australian authorities shifted the search zone for a third time—by about 600 miles to the southwest—after reanalyzing satellite transmissions. Even then, they said it was impossible to know whether the fresh search area would prove correct."Link to Original Source