Mars One is dead

An artist's visualization of the Mars One base on the Red Planet.                  Mars One

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. 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. The company had hoped to shape a reality TV series around creating a colony on Mars. That's despite it being a one-way ticket.

At least the company went bankrupt before sending people out in space, as refunds would be quite hard.

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

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Mars One Ventures, the financial arm of the project listed on the Frankfurt stock exchange via a reverse takeover in 2016 and was declared bankrupt last month.

Then again, Mars One says a lot of things. And in a surprise to no one, the whistleblower said Mars One had no real budget or concrete plan to even go to Mars, much less set up shop there. The investment company now in talks "has expressed its intention" to pay Mars One's creditors that money owed. Along the way, Mars One also fended off accusations that it was running a scam, getting people to pay almost $40 for a remote chance to travel in space. 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. The Mars One astronauts were to be "sequestered in a remote location", the company had said, where they could practice living in (and repairing) a habitat like one designed for life on Mars. But the vexing question is, just why in the hell would anybody want to salvage Mars One?

The news comes as absolutely no surprise to anyone at Outer Places.

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