The 'Star Wars' movie franchise will rise again! And with a fabulous director behind it, might we add.

Lucasfilm had implied they're putting 'Star Wars' movies on hold following their completion of the "Skywalker saga" with last year's 'The Rise of Skywalker'.

Their efforts were set to be refocussed on TV spin-offs to the franchise such as 'The Mandalorian' among other projects.

But now a new feature for the film is in development from Taika Waititi, best-known for helming 'Thor: Ragnarok'.

Waititi's other credits include 'Hunt for the Wilderpeople', 'What We Do in the Shadows' and the upcoming 'Thor: Love and Thunder'.

He previously made his mark with Lucasfilm/Disney by directing an episode of 'The Mandalorian'. He also won an Oscar for his screenplay for World War II satire 'Jojo Rabbit'.

Rumours began circulating that Waititi could direct a 'Star Wars' movie back in 2017. The New Zealand filmmaker, however, said the franchise appeared to have "not much room for someone like me."

At the time, he said: "Look, I’m not an idiot. Who would actually say no to Star Wars? Of course, I didn’t send that idea very seriously, it’s more that in light of all the things that were happening over the last couple of months, it would make me a little nervous."

Now that he's officially confirmed for the gig, Waititi, renowned for his sense of humour, shared the news on his Instagram yesterday with the caption: "Guess it wasn't a rumour after all. Psyyyych! #maythe4thbewithyou"

'Star Wars' is in serious need of a revamp and Waititi's eccentric film-making will, fingers crossed, prove a great fit.