Sylvester Stallone has put into motion a reboot of the 1993 classic ‘Cliffhanger’, in which he will reprise his role of mountain climber and rescue ranger, Gabe Walker.

‘Angel Has Fallen’ and ‘Greenland’ filmmaker Ric Roman Waugh is set to direct the reboot from a script by Mark Bianculli, a writer-consulting producer on Amazon series ‘Hunters.’

“Growing up with the biggest action films of the ’80s and ’90s, working on many of them myself, Cliffhanger was by far one of my favourite spectacles,” said Waugh in a statement. “To be at the helm of the next chapter, scaling the Italian Alps with the legend himself, Sylvester Stallone, is a dream come true. It’s going to be a great challenge and blast taking this franchise to new heights, a responsibility I don’t take lightly.”

Neal H. Moritz’s Original Film, best known for the multi-billion-dollar ‘Fast and the Furious’ franchisewill produce with production and sales outfit Rocket Science as well Stallone and Braden Aftergood’s Balboa Productions.

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Producers on the reboot include Moritz and Toby Jaffe for Original Film, and Stallone and Thorsten Schumacher with partner Lars Sylvest for Rocket Science, who will also finance.

Waugh, Ana Lily Amirpour, Chance Wright, Gianluca Chakra and Hisham Alghanim serve as executive producers.

Written by Michael France with a rewrite by Stallone, The original 1993 ‘Cliffhanger’ featured Stallone as Walker, a man haunted by a rescue gone wrong, who finds himself called up for a rescue with his former colleagues. That mission turns out to be a fake distress call, however, as a group of international thieves are in the midst of trying to find their stolen loot after a botched air heist. Metaphorical and literal cliffhanging ensues.