"Ahead of the expected announcement at a news conference in London on Monday, Odyssey Marine Exploration's CEO Greg Stemm said the firm was negotiating with Britain over collaborating on the project.
'This is a big one, just because of the history,' Mr Stemm was quoted as saying by the Associated Press.
'Very rarely do you solve an age-old mystery like this.'
Mr Stemm declined to reveal the exact location of the warship's remains.
'We found this more than 50 miles (80km) from where anybody would have thought it went down,' he said.
HMS Victory has been described by some maritime experts as 'the finest ship in the world' at its time.
It sank with more than 1,100 seamen aboard, including Admiral Sir John Balchen, in a fierce storm off the Channel Islands.
The ship's exact location has since remained a mystery, despite numerous attempts by salvagers to find it.
The vessel had 100 brass cannons and reportedly some 100,000 gold coins on board."
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