British company behind Dutch space project Mars One bankrupt

Mars One Ventures, the company behind the Dutch Mars One foundation, has been declared bankrupt. The Reddit discussion site reports this on the basis of a decision by the court of Basel.


Mars One Ventures, the company behind the Dutch Mars One foundation, has been declared bankrupt. The Reddit discussion site reports this on the basis of a decision by the court of Basel.

Mars One planned to land the first people on Mars in 2031. It is estimated that the project would require 6 billion dollars (around 5.3 billion euros). The financing was in the hands of the British company.

In 2016, Mars One Ventures was listed on the Frankfurt stock exchange through a so-called reverse takeover of the Swiss company InFin Innovative Finance. This made Mars One, in its own words, the first Mars exploration company with a stock exchange listing.

Mars One was founded in 2012. In total, more than 200,000 volunteers from all over the world came forward to compete for a one-way ticket to Mars.

REF: https://www.nu.nl/economie/5736462/brits-bedrijf-achter-nederlands-ruimtevaartproject-mars-one-failliet.html