Space project Mars One declared bankrupt

Pablo Tucker
February 13, 2019

"We don't have the technology to go to Mars, with everything we know today, so I don't think that a marketing company and a TV-type of selection, is sending anybody anywhere", she added.

He noticed that the non-profit arm of Mars One, the Netherlands-based Mars One Foundation, was still alive, however, lacks investment to do anything.

Mars One began accepting applications in 2013 for a mission to establish a permanent settlement on Mars. The Mars One astronauts were to be "sequestered in a remote location", the company had said, where they could practice living in (and repairing) a habitat like one designed for life on Mars.

By 2015, a Mars One insider had blown the whistle on the organization. A portion of the press release explains what the company has been doing lately, which has very little to do with traveling to Mars: During the last few months, discussions have been held with a new investment company.

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. The list was cut down to 1,058 finalists - who then went through several more rounds of reductions. Among the many scandalous details, that report claimed that just 2,761 people had applied to Mars One-a far cry from the claimed number in the tens and eventually hundreds of thousands. This is certainly good news for Mars One's investors, who are owed in excess of $1 million and might actually recoup their money this way. Matter likewise discovered that Mars One's process for choosing these candidates was questionable.

The author of the project Bas Lansdorp says that is not going to give up and look for a solution that would be acceptable to all stakeholders.

Now, instead of moving toward its goal of launching a Mars mission in 2031, the company "is in administration", according to its website.

Other reports by iNewsToday