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Good news awaits for fans of ‘fantasy’ and ‘sci-fi’ and more specifically for those that have been following the two instalments in the ‘Dune’ films, based on the novel by Frank Herbert.

The new instalment in Denis Villeneuve's epic sci-fi franchise has been officially titled "Dune: Part Three', as per Variety.

The film will also include sequences shot with Imax cameras. However, "Dune: Part Three" will not be entirely shot with Imax cameras, following in the footsteps of Christopher Nolan's "The Odyssey," which is the first and so far, only film to be produced that way.

In an interview on CNBC, Imax CEO Richard Gelfond seemed to suggest that the next "Dune" would be filmed entirely with the company's proprietary cameras, but it appears he misspoke.

During the end of the interview, Gelfond was asked about Villeneuve being hired by Amazon MGM Studios to direct their reboot of the James Bond franchise. The exec's response also touched on the director's plans for "Dune: Part Three" at Warner Bros. and Legendary Entertainment, which will film before the 007 revival, according to Variety.

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Filming on "Dune: Part Three" is set to begin imminently, with Timothee Chalamet and Zendaya reprising their roles. Jason Momoa has also confirmed he will return for "Part Three," after featuring in the first "Dune" but not appearing in "Part Two."