Back in January, just a few months before the premiere of a movie then known as The Cellar, Paramount released the first trailer revealing a new title, 10 Cloverfield Lane. It was later confirmed that, while it isn't a direct sequel to Bad Robot's 2008 surprise hit Cloverfield, it is set in the same universe as the original, which was produced by J.J. Abrams' production company Bad Robot. Today we have word that another Bad Robot production, God Particle, is in fact the third entry in the Cloverfield movie universe.

The Wrap reports that J.J. Abrams and Paramount are "quietly developing" even more movies to form what would be a Cloverfield shared universe. Both Paramount and Bad Robot are hoping to release a new Cloverfield movie every year, seemingly borrowing the same tactic as LucasFilm, which has stated in the past that they plan on releasing a new Star Wars movie every year, indefinitely. Both Paramount and Bad Robot did not comment on the report.

We first reported on God Particle back in 2012, when J.J. Abrams' Bad Robot acquired the screenplay written by Oren Uziel (22 Jump Street). The story centers on a team of astronauts who make a shocking discovery aboard a space station to fight for survival while their reality has been altered. Our report from 2012 revealed that they experiment with a particle collider that causes Earth to disappear into thin air. While drifting in space with no home to go back to, they discover a European spacecraft.

Related: Cloverfield 4 Is Still Getting a 2018 Theatrical Release

Julius Onah (The Girl Is In Trouble) is directing from a script by Oren Uziel and Doug Jung (Star Trek Beyond). The cast includes Elizabeth Debicki, Gugu Mbatha-Raw, Daniel Bruhl, David Oyelowo, Ziyi Zhang, Aksel Hennie and John Oritz. J.J. Abrams and Lindsey Weber serve as producers, with Paramount setting a February 24, 2017 release date. The movie will go up against Universal's horror-thriller Get Out, Open Road Films' crime drama Sleepless and Lionsgate's animated movie Rock Dog.

The first footage from God Particle is expected to be unveiled during a Paramount event today, where studio president Brad Grey will present highlights from their upcoming slate. A similar event is scheduled for November 2 in Los Angeles. However, no official announcement about the movie's tie-in to the Cloverfield universe is expected. J.J. Abrams had teased in February that a third Cloverfield movie was already in the works and, if this report is to be believed, it seems that project will be God Particle.