Mars One Ventures AG
Mars One Ventures AG: New shares issued after the company’s valuation at US$ 389,300,000
DGAP-News: Mars One Ventures AG / Key word(s): Miscellaneous Amersfoort, March 10, 2017 — Mars One Ventures AG announced that the share capital increased by 478,887,500 shares for the takeover. The Swiss Commercial Register has approved the capital increase based on an independent valuation report by a Swiss auditor, valuing Mars One at US$ 389,300,000 (which is the equivalent to EUR 368,742,600 at the current EUR/USD exchange rate of 1.06). “We’re pleased that the capital increase of Mars One Ventures AG was carried out, completing the transaction for the takeover and actually thrilled with the valuation of our company” Bas Lansdorp, CEO and co-founder of Mars One, said today. “The valuation is based on an independent review of our revenue projections, based on previous results, and results in a value per share of about EUR0.74, which is well above the current share price at the Frankfurt Stock Exchange.” Over the last years, the whole space industry has benefited from the increased interest in Mars exploration and because of that Mars One, has experienced a significant increase in interest for its mission to Mars. An important factor in the increase of public interest are the efforts of upcoming space countries, including India’s successful orbit insertion in 2014 at a fraction of the costs of previous Mars mission, and UAE’s plans to launch a Mars spacecraft in 2020. Other important factors include the significant technical achievements of several private space companies such as SpaceX and Blue Origin, the successes of movies and TV series, such as ‘The Martian’, and National Geographic’s ‘Mars’ Series. Finally, there is the continued interest in existing Mars missions like ESA’s ExoMars mission and NASA’s active orbiters and rover missions. “The increased interest in Mars programs has a major positive impact on the business potential of Mars One Ventures, as it is based on the public interest for and therefore commercial value of Mars One’s mission to Mars,” explains Lansdorp. About Mars One
10.03.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Mars One Ventures AG |
Birsigstr. 2 | |
4054 Basel | |
Switzerland | |
Phone: | +41 61 312 34 11 |
E-mail: | ir@mars-one.com |
Internet: | http://www.mars-one.com/investor-relations/ |
ISIN: | CH0132106482 |
WKN: | A14NYB |
Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Munich |
End of News | DGAP News Service |