Swiss firm acquires Mars One private project

December 2, 2016
Mars One consists of two entities: the Dutch not-for-profit Mars One Foundation and a British public limited company Mars One Ventures

A British-Dutch project aiming to send an unmanned mission to Mars by 2018 announced Friday that the shareholders of a Swiss financial services company have agreed a takeover bid.

"The acquisition is now only pending approval by the board of Mars One Ventures," the company said in a joint statement with InFin Innovative Finance AG, adding approval from the Mars board would come "as soon as possible."

"The takeover provides a solid path to funding the next steps of Mars One's mission to establish a permanent human settlement on Mars," the statement added.

Mars One consists of two entities: the Dutch not-for-profit Mars One Foundation and a British public limited company Mars One Ventures.

Mars One aims to establish a permanent human settlement on the Red Planet, and is currently "in the early mission concept phase," the company says, adding securing funding is one of its major challenges.

Some 200,000 hopefuls from 140 countries initially signed up for the Mars One project, which is to be partly funded by a television reality show about the endeavour.

Those have now been whittled down to just 100, out of which 24 will be selected for one-way trips to Mars due to start in 2026 after several unmanned missions have been completed.

"Once this deal is completed, we'll be in a much stronger financial position as we begin the next phase of our mission. Very exciting times," said Mars One chief executive Bas Lansdorp.

NASA is currently working on three Mars missions with the European Space Agency and plans to send another rover to Mars in 2020.

But NASA has no plans for a manned to Mars until the 2030s.

Explore further: Dutch firm unveils concept space suit for Mars explorers

Related Stories

Mars 'colonists' to undergo five days of tests

June 6, 2016

The 100 candidates on the shortlist to establish a human colony on the planet Mars are to undergo tests as part of a new phase of the selection process, the project organisers said Monday.

Space Cadets line up for one-way Mars trip

September 9, 2013

More than 200,000 people from 140 countries have applied to go to Mars and never return, the group behind an ambitious venture to colonize the inhospitable red planet said Monday.

Recommended for you

Archaeologists discover Incan tomb in Peru

February 16, 2019

Peruvian archaeologists discovered an Incan tomb in the north of the country where an elite member of the pre-Columbian empire was buried, one of the investigators announced Friday.

Where is the universe hiding its missing mass?

February 15, 2019

Astronomers have spent decades looking for something that sounds like it would be hard to miss: about a third of the "normal" matter in the Universe. New results from NASA's Chandra X-ray Observatory may have helped them ...

What rising seas mean for local economies

February 15, 2019

Impacts from climate change are not always easy to see. But for many local businesses in coastal communities across the United States, the evidence is right outside their doors—or in their parking lots.

The friendly extortioner takes it all

February 15, 2019

Cooperating with other people makes many things easier. However, competition is also a characteristic aspect of our society. In their struggle for contracts and positions, people have to be more successful than their competitors ...

4 comments

Adjust slider to filter visible comments by rank

Display comments: newest first

Urgelt
3.5 / 5 (4) Dec 02, 2016
Sure smells like Earth-bound scammers feeding off of humanity's hopes. The reality TV show is a dead giveaway. So is a for-profit company tied into a nonprofit: the nonprofit collects the rube's donations and pays the for-profit company, which sheds dividends to its owners.

These bozos aren't going to lift a single human higher than the 50th floor of whatever office buildings they are squatting in while cheating rubes.
Andrew Palfreyman
5 / 5 (1) Dec 02, 2016
It means they're screwed. Next.
ROBTHEGOB
5 / 5 (1) Dec 03, 2016
Not gonna happen. Scam of the century. "There's a Sucker born every minute...." W.C. Fields.
adam_russell_9615
not rated yet Dec 03, 2016
Looking up InFin Innovative Finance AG, I take it they are a penny stock?

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.