Tom Cruise may be jetting to the skies again soon.

Following the massive success of Top Gun: Maverick, there’s reportedly been some movement at Paramount toward a third installment of the movie franchise, according to a report from The Hollywood Reporter. 

The third film in the hit series could feature some familiar names from Top Gun: Maverick, as the film’s co-writer Ehren Kruger is reportedly writing the script for the film, according to the outlet. Sources also told The Hollywood Reporter that Joe Kosinski, who directed the second film, is also being tapped once again to direct.

Multiple Maverick stars previously confirmed that there have been talks of a third installment. Miles Teller, who plays Lt. Bradley “Rooster” Bradshaw in the film, revealed in July 2022 that he and Cruise had “been having some conversations” about the possibility of another movie. Though the actor, 36, noted at the time, “It’s all up to Tom.”

Glen Powell, who played Lt. Jake ‘Hangman’ Seresin, also told PEOPLE in August 2022, “There’s definitely been conversations [but] it’s above my pay grade.”

“It’s really up to Tom. It’s up to [producer Jerry Bruckheimer]. It’s up to all the powers that be, but if they call me back to Miramar, I’ll be there,” he added.

Top Gun: Maverick, which follows Cruise’s character Capt. Pete “Maverick” Mitchell as he returns to Top Gun to teach a new set of airforce pilots (including Teller and Powell’s characters), set numerous records after its release. It raked in nearly $1.5 billion worldwide since its release in May 2022, and is the fifth-highest-grossing film of all time in the U.S. and 12th-highest in the world.

It is also Cruise’s highest-earning film to date and was nominated for six Oscars, eventually taking home the award for Best Sound. It even became Paramount Pictures’ No. 1 movie ever in Japan, as well as Skydance’s.

The blowout success of the film after the COVID-19 pandemic sent Hollywood abuzz, with Steven Spielberg even telling Cruise, 60, that he “saved Hollywood’s ass” with the film during an Oscars nominees luncheon.

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The director, 76, added that Cruise “might have saved theatrical distribution” entirely with the long-awaited sequel to the 1986 hit. “Seriously, Top Gun: Maverick might have saved the entire theatrical industry,” Spielberg told Cruise in the video.