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posted by martyb on Tuesday February 12 2019, @01:12AM   Printer-friendly
from the Mars-or-Bust!-Whooops! dept.

A grand mission to Mars that was always light on details has come to a decidedly terrestrial end. Mars One, a controversial space exploration project that made it as far as the "highly produced videos" stage of space colonization, has quietly filed for bankruptcy, according to a liquidation listing spotted by a Redditor on r/space.

As the post explains, the private company that spearheaded the Mars One spectacle is actually made up of two parts, a not-for-profit called the Mars One Foundation and a for-profit company known as Mars One Ventures. In 2016, Swiss financial services company InFin Innovative Finance AG picked up Mars One Ventures in a takeover bid.

When contacted about the bankruptcy, Mars One co-founder and CEO Bas Lansdorp told Engadget that the Mars One Foundation continues to operate but is stalled unless it receives an infusion of funds as Lansdorp works "to find a solution."

Mars One was ill-fated from its inception, more grounded in CGI videos and marketing hype for a Mars mission reality TV show than any kind of scientific reality. And they couldn't even get the show off the ground.

https://techcrunch.com/2019/02/11/mars-one-ventures-bankrupt/


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  • (Score: -1, Troll) by Anonymous Coward on Tuesday February 12 2019, @03:03AM

    by Anonymous Coward on Tuesday February 12 2019, @03:03AM (#799902)

    Well looks like you assumed wrong then.

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