Search results
Feb 11, 2019 · Mars One, a Dutch company that planned to send humans on a one-way trip to Mars and start the first human colony on the Red Planet, has been declared bankrupt.
- Including Six Canadians
Mars One began accepting applications in 2013 for a mission...
- Including Six Canadians
Feb 12, 2019 · Mars One, whose promise of one-way trips to Mars lured more than 202,000 people to apply to become an astronaut, has gone bankrupt. The company had hoped to shape a reality TV series around ...
- Projects
- Structure
- Scope
- Ownership
- Reception
- Future
- Status
WASHINGTON The company that was to finance Mars One has been liquidated, dealing a severe setback to the ventures quixotic goals of one-way human missions to Mars. Mars One Ventures AG, the commercial arm of the overall Mars One effort, was liquidated in a Jan. 15 case in a civil court in the Swiss canton of Basel-Stadt, according to a Jan. 16 fil...
Mars One has an unusual structure involving two organizations. One is the Mars One Foundation, a non-profit organization responsible for implementing its goal of establishing a permanent human settlement on Mars. The other was Mars One Ventures AG, which held the exclusive rights to monetize the project through such things as the sales of sponsorsh...
Lansdorp emphasized that the bankruptcy filing affected only the for-profit company, Mars One Ventures. However, with the collapse of that company, financing of the non-profit foundation is uncertain.
Mars One has provided few financial updates since it announced in December 2016 that Mars One Ventures had gone public after an acquisition by InFin Innovative Finance AG, a Swiss firm previously working on mobile payment technologies that was already traded on the Frankfurt Stock Exchange. The last shareholder update by Mars One Ventures was publi...
There was considerable response from people interested in flying on such missions, even if Mars One overstated those numbers. It claimed in September 2013 that more than 200,000 people had applied to its first astronaut selection round. That figure, though, applied only to those who started the process and did not include those who actually complet...
Plans for precursor robotic missions also suffered delays. Mars One awarded study contracts in 2013 to Surrey Satellite Technology Ltd. (SSTL) to develop an orbiter to serve as a communications relay, and to Lockheed Martin for a Mars lander based on the design for NASAs Phoenix mission. However, activity on those projects ground to a halt by early...
Mars One announced in December 2016 that those missions, initially scheduled for launch in 2018, had been delayed to 2022 for the lander and 2024 for the orbiter, but has since provided no further updates on their development.
Mars One Ventures — the company that claimed it was going to send hundreds of people to live (and ultimately die) on the Red Planet — is now bankrupt, according to Swiss financial notices.
Feb 11, 2019 · According to a notice from the Civil Court of the City of Basel in Switzerland picked up by the Swiss newspaper Landbote and on Reddit, Mars One Ventures – a British company bought by a Swiss firm...
- Jonathan O'callaghan
In February 2019, it was reported that Mars One had declared bankruptcy in a Swiss court on 15 January 2019, and was permanently dissolved as a company. [97] [98] The total debt is approximately €1 million. [96]
People also ask
Did Mars One Ventures go bankrupt?
What happened to Mars One?
Is Mars One at risk of bankruptcy?
Did Mars One Ventures go public?
Is Mars One going out of business?
Does Mars One's bankruptcy affect a non-profit?
Feb 12, 2019 · On January 15, Mars One Ventures, a private firm that was bought by a Swiss holding company in 2016, was ordered to go into liquidation in a Swiss court, putting paid to plans to set up a...