Mon. Aug 26th, 2019

Mars One: Bankrupt the company that promised the first human colony on Mars | Science

Mars One: Bankrupt the company that promised the first human colony on Mars | Science



The company that supported the project Mars One to establish the first human colony on Mars is in bankruptcy for not being able to deal with their debts. Mars One Ventures AG, headquartered in Switzerland, has accumulated a debt of 1.1 million Swiss francs (around one million euros), the company acknowledged today in a statement.

The project Mars One It was launched in 2012 with the intention of selecting four volunteers to be the first settlers on Mars in 2025. One of the main sources of funding would be through advertising revenues. The project's founder, Bas Lansdorp, said he had an agreement with the Big Brother production company to make a television program about the selection process.

The MIT came to calculate that the participants would suffocate to the 68 days of their arrival to Mars for the failures in the design of the rooms

Three years later, the company claimed to have raised almost $ 800,000 through quotas and contributions from the candidates. The economic and technical feasibility of the project was always in doubt. The MIT came to calculate that the participants would suffocate to the 68 days of their arrival to Mars by the failures in the design of the cockpits. Meanwhile, it became more and more obvious among the participants who had "cheated" them, as one of them explained to Materia. Some of the candidates came to pay hundreds or thousands of euros to get more points in the classification and be chosen. Lansdorp went ahead with the project promising new rounds of selection for participants while delaying the date of landing on Mars and without hardly having details about how he intended to achieve it.

According to the opinion of the Court of Appeals of Basel, the company has a month to try to reverse the bankruptcy process. In a statement, Lansdorp says that the process of creditors does not affect the non-profit foundation Mars One linked to the project. The bankrupt company ensures that there is an investor willing to pay the debt.

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