The Mars One Project has run out of money – Critical Hit

Alas, a promised means of escaping Glenn Beck and the gay frogs (according to Darryn) has met a timely and unsurprising demise. Mars One Ventures, the corporate arm of the project that set out to colonise the red planet, has revealed to have been declared bankrupt by a Swiss court.

The listing was filed back in January but only now uncovered thanks to an eagle-eyed Redditor. A civil court in the City of Basel, where Mars One Ventures is based, declared the company insolvent in a January 15 ruling. Mars One creator Bas Lansdorp later confirmed this to Engadget, explaining that while the for-profit entity had indeed run out of cash, the non-profit Mars One Foundation was still active despite a lack of investment, and would continue to loo…

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