It has been 10 years since Malaysia Airlines flight MH370 disappeared from radar after taking off from Kuala Lumpur to Beijing and the mystery remains unsolved. There were 239 people on board, including the crew, most of whom were Chinese.

US-based company Ocean Infinity launched a search in 2018 but failed to find any trace of the plane at the bottom of the Indian Ocean.

However, Tony Romeo, a pilot and former US Air Force intelligence officer who is now CEO of Deep Sea Vision, told Australian television channel 60 Minutes on Sunday, March 17, that he believes his company has the potential to make a breakthrough.

The company is planning to send one of its underwater drones, called the Hugin 6000, to the ocean floor to search for the missing plane. “It flies at an altitude of 50m above the seabed to search,” Mr Romeo stressed.

"Big eyes, looking at everything it can see, sucking in and storing data, coming back to the ground, we take the data out and review it on the computer exactly as it scanned it," he said.

Deep Sea Vision made headlines around the world earlier this year when Mr Romeo claimed to have found Amelia Earhart's plane at the bottom of the Pacific Ocean more than 4,800m deep.

Amelia Earhart flew a Lockheed 10-E Electra over the Pacific Ocean on July 2, 1937, and her mysterious disappearance has fascinated the world for nearly 87 years. Countless expeditions have sought answers about what happened, but to no avail.

Mr Romeo described the company's technology as "incredible" and capable of "reading credit card numbers on the seabed" and said the company's improved underwater vehicle could scour an area four times larger than previous attempts to find MH370.

Asked if the company could find MH370, Mr Romeo said: "I think we can. We have demonstrated our ability to use the equipment and use new techniques."

Deep Sea Visions is preparing to submit a search proposal to the Malaysian government.

Malaysia has always said it would continue the search for MH370 if new credible evidence emerged. It is currently considering a proposal from Ocean Infinity for a new search using new technology under a “no find, no pay” approach, although it is unclear whether the company has new evidence of the plane’s location.

However, Malaysian Prime Minister Datuk Seri Anwar Ibrahim said on March 15 that the victims' families should not have high hopes about finding answers to the disappearance after Ocean Infinity could reopen the search, according to The Star newspaper.

Anwar said a decision would likely be made in the coming weeks, after reviewing the Texas-based company’s proposal. But he warned relatives of the missing should not expect any breakthroughs.

Speaking to reporters during a visit to Germany last week, the Malaysian Prime Minister said: "I don't want to create false hope that we can get answers. But I want to convince them that we are doing everything possible, even if it costs significant amounts of money."