Colonization of Mars canceled: Mars One goes bankrupt

Total Recall

A company that promised to send people to live on planet Mars called Mars One Ventures is bankrupt, according to liquidation listing first seen by a Reddit user on r/space. A new investor is interested in resurrecting the for-profit part of the group and plans to announce his or her intentions for Mars One on March 6.

Lansdorp told Engadget that the Mars One Foundation is still operating, but could not do anything of note without additional investment. Among its critics are MIT researchers, who said the plan would simply kill off all the Mars settlers.

"We are now working with the administrator and an investor to find a solution moving forward, though at this moment that is all we can share", the company said in an email.

More news: Glimpses Of Kesari (Part 2): "Sawa Lakh Se Ek Ladaun…"

Mars One started grabbing headlines in 2012 when the company revealed its insane plan to send humans to Mars in 2020s.

He noticed that the non-profit arm of Mars One, the Netherlands-based Mars One Foundation, was still alive, however, lacks investment to do anything. For one, the organization at first contended that it had received more than 200,000 applicants from individuals everywhere throughout the world interested in living on Mars, yet an investigation by the publication Matter couldn't verify that claim. After all, Mars One itself isn't an engineering firm, and has no operations in building space craft. The idea all along has been to turn this incredible challenge into a reality TV show which the company would then make money on via licensing.

The mission of colonizing Mars, appeared in 2011. Today's angel investor claimed feels suspiciously timed to counter the many news reports that came out yesterday following the discovery of Mars One's bankruptcy. 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. But the vexing question is, just why in the hell would anybody want to salvage Mars One?

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