Mars One Ventures, the company that made space-high promises of sending part of the human race to the Red Planet, is reportedly bankrupt.
The company was long-suspected to be a scam, duping people without any real plan to take them to Mars. The news of Mars One Ventures going bankrupt was into the fore when a Redditor spotted a notice for bankruptcy on a website for the city of Basel.
According to The Verge, the city declared Mars One bankrupt earlier this year on January 15, dissolving the organisation.
The company’s creator, Bas Lansdorp has also confirmed the news of bankruptcy stating he was working on a solution. Although the non-profit arm of the company is alive, it lacks investment to do anything.
Mars One had always been subject to controversy. The company promised to take wannabe astronauts to Mars to start the first human settlement on the Red Planet. But the plan raised questions when there was no mention of bringing the people back to the Earth.
The company claimed to have even shortlisted 100 people from across the world to fly on the trip. However, the procedure of selection was questionable and the company kept changing its dates for the mission.