Oh no, it was fake. Via Yahoo! News …
“We didn’t want to create a hoax,” says Krivicka, who produced the video with Thinkmodo co-founder James Percelay. “Instead, we imagined a ‘what if’ scenario. We wanted to make sure that this all could exist. The diving helmets are real; there are pressurized drinking containers. Some guy in Dubai has probably already seen this and is trying to make it happen.”