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Mars One company goes bankrupt



WASHINGTON – The company that was to finance Mars One has been liquidated and has given a severe setback to the company's quixotic goals of unilateral human missions to Mars.

The Mars One Ventures AG, the commercial arm of the entire Mars An attempt was liquidated on 15 January in a civil court in the Swiss canton of Basel-Stadt. This is apparent from a registration filed with the Commercial Register of the canton on 16 January. The application was first published on Reddit on February 10th.

The application contained little information about the insolvency case or how the company was liquidated. Bas Lansdorp, founder of Mars One, confirmed the company's bankruptcy, but provided some additional information.

"We are working with the administrator and an investor to find a solution," he said in an e-mail dated February 1

1. But he said he could not publicly discuss the status of these efforts at this time.

Mars One has an unusual structure involving two organizations. The Mars One Foundation is a nonprofit organization responsible for implementing its goal of establishing a permanent settlement on Mars. The other was Mars One Ventures AG, which had exclusive rights to monetize the project, for example by selling sponsorship and broadcasting rights, providing part of this revenue to the Mars One Foundation.

Lansdorp emphasized the bankruptcy filing Affected was only the profit-oriented company Mars One Ventures. However, with the collapse of this company, the funding of the charitable foundation is uncertain.

Mars One has provided little financial information since announcing in December 2016 that Mars One Ventures went public after a takeover by InFin Innovative Finance AG, a Swiss company that previously worked on mobile payment technologies and was already traded on the Frankfurt Stock Exchange. The last shareholder update of Mars One Ventures was published in June 2018, as indicated by the investor relations section on its website. By the time trading on the Frankfurt Stock Exchange was suspended, it was hoped to resume trading in August.

Mars One made headlines some years ago with the intention of privately funding human missions to Mars, and those selected to fly them missions that go on a one-way journey without being able to return to Earth , In its plan announced in 2012, Mars One stated that humans are expected to land on Mars in 2023, a date on which the company postponed until 2032.

Mars One claimed that it could make its first mission The landing of the first four-man crew on Mars for $ 6 billion, a number that the organization has little information on and widely criticizes as too low in the broader space industry has been. Mars One planned to raise funds for the mission through the sale of broadcasting rights, citing the high revenues earned for rights to events such as the Olympics and the World Cup.

There was even a considerable response from people interested in such missions when Mars One overestimated these numbers. In September 2013, it was claimed that more than 200,000 people had applied for the first round of astronauts. However, this figure only applied to those who started the process and not to those who had actually completed their application forms and paid the application fee. Only a few thousand completed their applications, of which Mars One selected 1.058 at the end of 2013 for further consideration.

By February 2015, Mars One had reduced the number of finalists for its first astronaut round to 100 in additional demonstrations, including training at a simulated Mars outpost. However, this training has been delayed and Mars One has not provided up to date information on the continuation of the astronaut selection process.

Plans for robotic precursor emissions also had delays. Mars One has 2013 study contracts with Surrey Satellite Technology Ltd. (SSTL) to develop an orbiter to serve as a communications relay, and Lockheed Martin for a Mars lander based on NASA's Phoenix mission design. Activities on these projects, however, came to a standstill in early 2015 after the companies had completed their first studies and had not received any funding for additional work, was postponed to 2022 for the lander and 2024 for the orbiter, but has no further information on theirs Development delivered.

When asked on 11 February if he could provide any information about the selection process for astronauts or other activities of the Mars One Foundation, Lansdorp replied: "No news from the Foundation at the moment."


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