It was found by a remotely operated submersible belonging to the U.S. ship Ocean Infinity, a specialist marine survey vessel involved in the hunt for MH370. Relatives of the crew still have questions.
The San Juan, a German-built TR-1700 class submarine, vanished nearly exactly one year ago as it was sailing from the southernmost port of Ushuaia to Mar del Plata after a patrol.
A massive worldwide search was launched after the submarine disappeared on November 15 a year ago but hopes of finding the crew alive were given up two weeks later and the search was scaled down.
But Yolanda Mendiola, the mother of crewman Leandro Cisneros, said: "We are with the other relatives".
The German-built TR-1700 class submarine from the eighties, ARA San Juan triggered a massive air and sea search involving units from thirteen countries, including US, UK, Russia and Chile, but the majority withdrew before the end of 2017, with the missing submarine no closer to being found.
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The discovery comes days after families of missing crew members held commemorative services in Argentina, one year after the 35-year-old vessel disappeared.
Aguad said: "Much of what happens from here will have to be resolved by the justice department". During the $12m (£9m) retrofitting, the vessel was cut in half and had its engines and batteries replaced.
Experts have said that refits can be hard because they involve integrating systems produced by different manufacturers, and any mistake during the cutting phase can put the safety of the ship and crew at risk.
Macri promised a full investigation after the submarine was lost.
Footage showed relatives of the lost submariners grieving in the northern port of Mar del Plata, the submarine's home base, as they received the news that the submarine had been found. The captain later said that it had been contained.
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Before it departed for its mission, Luis Tagliapietra, whose son Alejandro was a lieutenant on the San Juan, described it as "the last opportunity to find them".
Argentine police investigating the sub's disappearance raided naval bases in January.
The Argentine navy called off its rescue operation about two weeks after the sub's disappearance, saying there was "no chance of survival" for its crew, but search efforts continued.
On Saturday, Plunkett tweeted: "Our thoughts are with the many families affected by this awful tragedy".
The company unsuccessfully searched for the Malaysia Airlines plane that disappeared in 2014 over the Indian Ocean.
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