In an interview with Engadget, Lansdorp said that the Mars One Foundation - the non-profit arm of the project - was still operating, but unable to do anything without any investors. 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 selected volunteers all over the world who agreed to go to the Red Planet without the possibility of returning back to Earth.More news: Red Bull unveil livery change on new F1 auto for 2019
The company planned to document every step of the journey to Mars, including the selection of astronauts and their training.
Mars One's timelines were continually evolving, as well. "During the last few months, discussions have been held with a new investment company", Mars One said today.
He stated that the nonprofit foundation of Mars One, the Netherlands-based Mars One Foundation, was still alive but has no investment to add any value to the company.More news: US Breast Cancer Deaths Averted Over Three Decades
According to the company, Mars One's total debts current amount to CHF 1.1m, or around $1.11m. But it's unclear what that entity might now be able to accomplish, as it was the Ventures unit that was supposed to produce money to pay for the space mission. The list was cut down to 1,058 finalists - who then went through several more rounds of reductions.
Be that as it may, many of Mars One's claims have come under intense scrutiny in the years since its beginning.
The company's creator, Bas Lansdorp has also confirmed the news of bankruptcy stating he was working on a solution.More news: Apple's Health Records will soon be made available to U.S. military veterans
A Swiss court declared the commercial division of the Mars One project, the goal of which is to colonize planet Mars, bankrupt.
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