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Jurassic World: Dominion will even bring back original cast members Sam Neill, Laura Dern and Jeff Goldblum.
The exciting news was confirmed on the Jurassic World Facebook page, along with an image of a director's clapperboard while on set in Canada.
"We're back. Jurassic World: Dominion has begun production. See you in 2021."
Filming has now officially begun for the new film, which will be the sixth in the franchise. The last movie, Jurassic World: Fallen Kingdom was released in 2018.
While details of the upcoming film are being kept under wraps, it's set to follow on from the 2018 instalment which saw the dinosaurs leaving the confines of Isla Nublar - which was destroyed by a volcano - to roam free on earth.
We also know some details about the cast, with Laura Dern confirming her role last year.
Laura, 53, announced the news to excited fans at a screening of Battle at Big Rock. She later posted on Instagram, too, tagging her two former co-stars in the post and officially confirming they would be involved.
Sam, meanwhile, posted an image of the three original cast members and said: "I might have mentioned that I think it's going to be a Very Good Time working with these good sorts again plus the excellent @prattprattpratt and miraculous @brycedhoward on a new one that may or may not involve dinosaurs. Or lizards. Or snakes... you decide.
"[...] They are the bestest of best company [...] It's all on. Can't wait."
Laura played Dr Ellie Sattler in the movies, while Sam Neill starred as Dr Alan Grant - although they haven't been seen in the films since the 2001 instalment, Jurassic Park III.
Meanwhile, Jeff Goldblum (who plays Dr Ian Malcolm) also featured in 2018's Jurassic World: Fallen Kingdom. According to director Colin Treverrow, the trio will have "sizeable roles" in the upcoming movie.
Chris Pratt will also star as Owen Grady and took to his Instagram account yesterday to give fans a glimpse of what the new film will have in store.
Defining the word 'dominion', he wrote: "1. sovereignty or control. 'Man's attempt to establish dominion over nature.' #JurassicWorldDominion. Hold onto your butts."
New Girl's Jake Johnson will also return as Lowery while Bryce Dallas Howard (who plays Claire Dearing) and Omar Sy (Barry) will also be part of the sixth film.
Alongside Colin, Steven Spielberg will also be producing the next instalment.
We might have a while to wait but we can all agree it will be oh-so worth it.
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