The ship’s remains were discovered by navy AUVs (autonomous underwater vehicles) 11 nautical miles south of Stromboli island near Sicily.
The camera picked up the image of a crown at the stern – the symbol of the Italian royal family.
Built in Italy, the 7000-ton Giovanni Delle Bande Nere (John of the Black Bands) was launched in 1931.
She carried 14 guns and two seaplanes and was capable of a speed of 37 knots, but also had notably thin armour-plating, mostly under 25mm.
HMS Urge was lost with her entire crew only three weeks after the sinking of the cruiser, while heading from Malta to Alexandria. The location of the wreck is unknown, though the submarine is thought likely to have struck a mine off Malta.