Wednesday, June 26, 2019
Home Tech The company that has promised a single trip to Mars is bankrupt

The company that has promised a single trip to Mars is bankrupt

Mankind will sooner or later leave for Mars, but planning and executing the first manned mission on another planet is obviously a complex and costly undertaking.

Mars One was one of the first and most ambitious attempts to launch a manned Mars mission. But it was terribly badly managed, shortsighted, and possibly even fraudulent. It is dead now too.

Mars One, torn into a confusing mish-mash of a charitable foundation and a for-profit corporation, raised millions of dollars from investors who consider the company's goal of creating a permanent Mars settlement promising. Needless to say, things did not work out.

Reports of the company's collapse, picked up by Reddit and discovered by Engadget, seem to indicate that the entire organization has run out of funding.

Bankruptcy appears to be the last nail in the coffin for the commercial efforts of Mars One and for all missions that are still in its infancy.

But it's worth noting that from the start the whole thing was a mess and the business model (if you can call it that) was laughable.

The company had sucked in money and paid royalties to the non-profit office while trying to advance a Mars mission.

Early on, the company was aiming for a $ 6 billion budget to bring the first crew of four astronauts to Mars, which did not increase much.

Even if she somehow managed to scrape together six billion dollars, most experts agreed that it would not be enough to solve the task at hand.

And then there's the mission itself, which was poorly designed and would have been incredibly dangerous if done as planned. The idea was that astronauts would make a one-way trip to Mars, set up a colony, and then live their lives on the Red Planet.

The scientists cried badly from the beginning, saying the plan lacked sustainability, and travelers would likely die quickly if they could survive the journey at all.


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