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The company that promised a one-way ticket to Mars is bankrupt

Mankind will be heading to Mars sooner or later, but planning and executing the first manned mission on another planet is obviously a complex and expensive effort.

Mars One was one of the earliest and most ambitious attempts to obtain a Mars mission crew from the ground. But it was terribly badly managed, short-sighted and perhaps even fraudulent. Now he is dead.

Mars One – which is broken up in a confused jumble of a nonprofit foundation and a for-profit corporation – has raised tens of millions of dollars from investors who have seen the promise in the company's goal to create a permanent settlement of Mars. Needless to say, things did not work.

Reports on the collapse of the company, which were collected by Reddit and identified by Engadget, seem to suggest that the entire organization is completely without funding

A failure the declaration seems to be the last nail in the coffin for the commercial efforts of Mars One and for any mission that was still in its infancy.

But it is worth noting that this whole thing was a colossal mess since the beginning and the business model (if you can even call it that) was ridiculous.

The company was sucking money and paying license fees to the nonprofit section while trying to get on with a mission to Mars.

In the beginning, the company had set a budget of $ 6 billion to bring its first crew of four astronauts to Mars, but was unable to raise that figure.

Although somehow managed to raise $ 6 billion, most experts agreed that funding would not be sufficient to complete the task.

And then there is the mission itself, which was ill conceived and would have been incredibly dangerous if performed as intended by the company. The idea was for the astronauts to make a one-way trip to Mars, set up a colony and then live their lives on the Red Planet.

Scientists cried out from the beginning, saying the plan lacked sustainability and travelers would probably die quickly if they managed to survive the trip.

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