EXCLUSIVE: Sony Pictures Entertainment has signed Will Smith and son Jaden Smith to star in an untitled futuristic science fiction adventure film that will be directed by M. Night Shyamalan. Shymalan wrote the script with Gary Whitta, and Overbrook’s James Lassiter, Smith, Ken Stovitz and Jada Pinkett Smith will produce with Shyamalan. Shyamalan talked about the project some last fall when he was promoting The Last Airbender, when the project went under the title One Thousand A.E. Back then, Will Smith was only supposed to produce, but now he’s set to star as well. He’s currently starring in a third installment of Men in Black 3, a film that halted production for rewrites and just got started again.

The story takes place far in the future where a young boy has to navigate an abandoned planet on a space ship that has crashed. On board is his estranged father. Will and Jaden starred together in The Pursuit of Happyness at Sony Pictures. CAA repped the deal.