Mars One, which offered 1-way trips to Mars, declared bankrupt

Mars One, which offered 1-way trips to Mars, declared bankrupt

Mars One, which offered 1-way trips to Mars, declared bankrupt

By 2015, a Mars One insider had blown the whistle on the organization.

The last update that Mars One made was on December 2016 and has since provided no further updates on their development. "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 started grabbing headlines in 2012 when the company revealed its insane plan to send humans to Mars in 2020s.

The company planned to document every step of the journey to Mars, including the selection of astronauts and their training.

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Mars One - which began in the Netherlands and now has ties to a Swiss financial services company - says it's been talking to investors and hopes to emerge from the bankruptcy process intact. Although the non-profit arm of the company is alive, it lacks investment to do anything.

Lansdorp told Engadget that the Mars One Foundation is still operating, but could not do anything of note without additional investment. The list was cut down to 1,058 finalists - who then went through several more rounds of reductions.

According to the company, Mars One's total debts current amount to CHF 1.1m, or around $1.11m.

The project also prompted anthropologist and author Barbara J. King to ask, "Are people eager to leave behind everyone they love - for the rest of their lives - good candidates to succeed at forging a tight-knit colony on Mars?"

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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, the startup that wanted to send a team to the Red Planet by getting funding through a reality television show, has gone bankrupt.

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.

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