The Oscar-winner will write and direct a new Star Wars film, it has been announced.
Waititi, who the Oscar for Best Adapted Screenplay earlier this year for JoJo Rabbit, is set to write the script with 1917 co-writer Krysty Wilson-Cairns.
Waititi, who also directed Thor: Ragnarok, is no stranger to a galaxy far, far away as he recently directed the final episode of the first series of The Mandalorian for streaming service Disney+.
The news was announced on May 4, known to fans as Star Wars Day because of its similarity to the popular saying "May the force be with you".
It was also announced that Russian Doll showrunner Leslye Headland is developing a new untitled Star Wars series for Disney+.
She will write, executive produce, and serve as showrunner for the series, which will join a number of Star Wars spin-offs on the platform, including The Mandalorian, another based on Cassian Andor's life prior to the events of Rogue One: A Star Wars Story and another following the adventures of Obi-Wan Kenobi between Star Wars: Revenge of the Sith and Star Wars: A New Hope.
Release dates for both projects have not yet been announced.