Los Angeles, California - The next era of the Planet of the Apes franchise has arrived with the official announcement of a new movie scheduled for release in 2024!

Kingdom of the Planet of the Apes will take place "many years" after the events of 2017's War for the Planet of the Apes.

20th Century Studios made the announcement on social media on Thursday.

The new installment will star Owen Teague, Freya Allan, and Peter Macon, while Wes Ball, who directed the Maze Runner trilogy, has been tapped to direct. The screenplay was written by Josh Friedman, Rick Jaffa, Amanda Silver, and Patrick Aison.

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Steve Asbell, president of 20th Century Studios, shared his enthusiasm for the next phase of the iconic franchise.

"With Kingdom of the Planet of the Apes, we are privileged to continue the series' tradition of imaginative, thought-provoking cinema, and can't wait to share Wes' extraordinary vision for this new chapter with audiences in 2024," he said, per Deadline.

Since the 1968 original, the Planet of the Apes franchise has been an enduring success for 20th Century Studios, earning over $1.7 billion at the global box office. After a 2001 remake directed by Tim Burton, the franchise was rebooted with 2011's Rise of the Planet of the Apes.

Two sequels to the reboot, Dawn of the Planet of the Apes and War for the Planet of the Apes, were released in 2014 and 2017, respectively. Directed by Matt Reeves, they were hugely popular with critics and fans alike.

Teague's casting in the upcoming installment was first announced last month. The 23-year-old is known for his roles in It, Black Mirror, and The Stand. Freya Allan is best known for her role as Princess Cirilla in The Witcher, while Peter Macon rose to prominence as Lt. Commander Bortus in The Orville.

Production on Kingdom of the Planet of the Apes is set to begin next month.