Mars One dreams plummet back to Earth as company goes bankrupt

Cristina Cross
February 13, 2019

A sharp-eyed Redditor found documentation from January of this year indicating that Mars One Ventures, the company behind Mars One, a controversial Martian colonization project, has been declared bankrupt by a Swiss Civil Court.

Mars One was split into two ventures, the non-profit Mars One Foundation and the for-profit Mars One Ventures.

Lansdorp told Engadget that the Mars One Foundation is still operating, but could not do anything of note without additional investment.

The company said in a short website statement that it is now working with an investor to find a solution to the bankruptcy. "The Mars One Foundation is effectively proceeding with its endeavors to secure funding for the mission's next steps, either through the listed company or directly into the Foundation".

Did we speak too soon in declaring the Mars One project finally dead?

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The company claimed to have even shortlisted 100 people from across the world to fly on the trip. And she said she was still excited at the idea of getting to Mars someday - perhaps by applying for NASA's space program and joining one of its missions to Earth's neighbor.

Mars One made documentary videos about their red planet volunteers, which were sold on to broadcasters and buyers, and had planned to bring the intrepid colonizers to "a desert location to test their team skills" before setting off for Mars in 2026.

Hey, remember that awful Mars mission startup that just officially died because it totally ran out of money and it wasn't even close to doing anything meaningful?

By 2015, a Mars One insider had blown the whistle on the organization. But the vexing question is, just why in the hell would anybody want to salvage Mars One? The last update on Mars One's site goes back to July 10th, 2018, when it reported an investment deal with a Swiss firm called Phoenix Enterprises.

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