Following the recent announcement that franchise director Justin Lin will direct the much anticipated Star Trek 3, Paramount Pictures has revealed July 8, 2016 as the release date for the movie.

The release of third installment of the franchise will coincide with the 50-year anniversary of the original Star Trek.

The most recent installment, Star Trek: Into Darkness, earned $467.4 million worldwide after opening in May 2013. The first film in the rebooted Star Trek franchise grossed $385.7 million in 2009.