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      • Now, instead of moving toward its goal of launching a Mars mission in 2031, the company "is in administration," according to its website. That means Mars One is at risk of liquidation, after an appeals court in the Swiss canton Basel-Stadt affirmed the firm's bankruptcy status earlier this month.
  1. 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.

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    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.

  2. Feb 12, 2019 · A space travel company that once advertised one-way trips to Mars has declared bankruptcy. The Netherlands-based Mars One filed for bankruptcy in Swiss court last month and has...

  3. Feb 14, 2019 · According to a recent declaration by a Swiss Court, Mars One Ventures (the for-profit arm of Mars One) is now bankrupt. The decision was posted on the official commercial register of the...

  4. Feb 11, 2019 · 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.

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  6. Feb 11, 2019 · Remember Mars One, the startup that said it was going to fund a crewed mission to Mars by turning the journey into a reality television spectacle? Now the company is bankrupt, according to financial documents published online.

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