Mars One Foundation announced Monday that they have selected 1,058 candidates out of the more than 200,000 applications they received for their mission to establish human settlement on Mars, Reuters reported.

The selected applicants will move on to the next phase of the application process with hopes of being one of the final 24 to travel to establish human life on the red planet.

"We're extremely appreciative and impressed with the sheer number of people who submitted their applications," Mars One co-founder Bas Lansdorp said in a statement. "However, the challenge with 200,000 applicants is separating those who we feel are physically and mentally adept to become human ambassadors on Mars from those who are obviously taking the mission much less seriously."

The 1,058 candidates selected come from different parts of the world, including 297 Americans, 75 Canadians and 62 Indians.

Norbert Kraft, Chief Medical Officer of Mars One and recipient of the 2013 NASA Group, said the selected candidates will undergo rigorous tests, including simulations of life on Mars and coping with isolation.

"The next several selection phases in 2014 and 2015 will include rigorous simulations, many in team settings, with focus on testing the physical and emotional capabilities of our remaining candidates," Kraft said. "We expect to begin understanding what is motivating our candidates to take this giant leap for humankind. This is where it really gets exciting for Mars One, our applicants, and the communities they're a part of."

Mars One was created in 2011 by two Dutch men with the goal of establishing the first permanent human settlement on Mars in 2025. According to Reuters, the foundations hopes the project will be funded by investors and the rights from the documentary-cum-reality TV broadcasting of the tests, training and final selection.