Wachowskis prepping Jupiter Ascending

Lana and Andy Wachowski are set to write and direct an original sci-fi film called Jupiter Ascending .

Vigilant movie fans may still remember their little science fiction project The Matrix , which spawned three movies and grossed $1.6bn worldwide.

Unlucky movie fans may also still remember Speed Racer , which is why it's great to hear they're writing and directing one of their own ideas rather than adapting an existing story.

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Production is scheduled to start in spring 2012 and the pair have until then to agree an A-list star with studio Warner Bros.

With the script and even the concept under wraps for now here's everything we know about the project: Jupiter Ascending .

Could this be the top-secret pic they were planning back in 2008 , with Matrix Reloaded and Revolutions co-star Collin Chou (he played Seraph) tapped up for a role?

Only time will tell.