The Mars One colony reality TV startup is out of cash

Mars One’s planned mission to send people on a one-way trip to Mars and establish a permanent human colony by 2025 is suspended indefinitely, with less than $25,000 in its accounts and the company declaring bankruptcy in January. Who could’ve guessed a project by a private organisation with zero aerospace credentials or hardware manufacturing facilities, and a questionably limited $6 billion budget, would fail to launch? Everybody except Mars One Ventures, apparently.

Announced in 2012, Mars One is estimated to have scammed accrued tens of million of dollars from investors with its audacious proposition to land a team of volunteers on Mars, funded by a reality TV show of the events. Despite its public hype, the project was almost instantly the subject of scepticism from scientists, astronauts, and other experts, with a 2014 logistics analysis by PhD candidates the Massachusetts Institute of Technology concluding that the team would die in 68 days.

According to Engadget, Mars One comprised two separate entities – the non-profit Mars One Foundation and the for-profit Mars One Ventures. And now Mars One Ventures is no more. Dutch entrepreneur and company founder Bas Lansdorp claims that Mars One Foundation is still operating and is working with other, unspecified partners to “to find a solution”, whatever that means, but I think we can assume Survivor: Red Planet is cancelled.

LOL SO RANDOM
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