A Thriller Investor Might Save the Bankrupt Mars One Mission

Total Recall

A Thriller Investor Might Save the Bankrupt Mars One Mission

It looked like the final nail in the coffin for the organization, which was founded back in 2012 with the stated goal of taking humanity to the Red Planet via a reality TV show that would select a handful of finalists from thousands of astronaut applicants, but was repeatedly accused of being a scam preying on people's enthusiasm for Mars.

Mars One was split into two ventures, the non-profit Mars One Foundation and the for-profit Mars One Ventures.

"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.

Mars One had initially planned to land people on Mars in 2023, setting the monumental task of solving a litany of technical and practical challenges and raising an estimated $6 billion to pay for a mission to another planet. The organization promised wannabe space travelers that it would send them to the Red Planet to start the first human settlement, however, that it would not return them to Earth as it came up short on the technology to get them off the planet.

The Mars One project consisted of the non-profit Mars One Foundation and the Mars One Ventures business. Subsequent to receiving applications from individuals all over the world, Mars One chose 100 applicants who could potentially be the first to fly on the trip.

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Mars One has not responded to a CTVNews.ca request for comment.

The mission of colonizing Mars, appeared in 2011. In 2015, an insider whistleblower claimed the group had no real plan to realize its interplanetary pitch and had vastly exaggerated the number of people who'd actually applied.

Mars One's timelines were continually evolving, as well. The last update on Mars One's site goes back to July 10th, 2018, when it reported an investment deal with a Swiss firm called Phoenix Enterprises.

According to the company, Mars One's total debts current amount to CHF 1.1m, or around $1.11m.

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