The Mars One project has been declared bankrupt

Eloise Marshall
February 13, 2019

In the past, critics have openly questioned the project's validity and safety after Mars One stated they would use existing technology for the mission. "During the last few months, discussions have been held with a new investment company", Mars One said today.

But going to Mars is a ridiculously complicated multi-billion-dollar affair, and Mars One never really proved it was serious enough to tackle the interplanetary challenge.

Mars One Ventures has for some time been involved in the controversy over its dubious plan to send individuals to Mars, where they would supposedly live out the remainder of their lives.

"The bankruptcy only involves Mars One Ventures AG and does not affect the financial position of the Mars One Foundation, which is the driving force behind the mission", Mars One said in a statement.

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In case you missed the news yesterday: A redditor discovered a Swiss court filing from January in which Mars One was officially declared bankrupt. "The goal of the investor and Mars One is to achieve either a reversal of the administration or a restart based on a financial agreement with the liquidator".

Mars One's timelines were continually evolving, as well. Along the way, Mars One also fended off accusations that it was running a scam, getting people to pay almost $40 for a remote chance to travel in space. In addition, it said, the people chosen as finalists to go to Mars were not the most inspiring or capable, but simply the folks who'd given the most money to Mars One.

"I actually decided and told my parents when I was 8 years old that I was going to be an astronaut and go to Mars", Beemer told NPR in 2014. Speaking to Engadget, Bas Lansdorp said that the Foundation is still operating, but won't be able to act without further investment. Matter likewise discovered that Mars One's process for choosing these candidates was questionable.

The company behind a Dutch initiative to set up a colony on Mars, and which was said by some to be a scam, has gone bust.

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