Whether a sequel to Guillermo del Toro‘s 2013 giant robots vs. giant monsters flick Pacific Rim would be made or not was unknown for a time. The movie cost $190 million to make, but, for reasons beyond human understanding, only made $101.8 million here in the States.

Thankfully the movie still did strong overseas, scoring $111.9 million in China and $309.2 million overall, bringing its worldwide grand total to $411 million. Because of this, Pacific Rim 2 has been confirmed and an official release date has been locked in. Also announced is the development of an animated series set in the Pacific Rim world and the continuation of the comic book series.

Continue below to see a video of del Toro making the announcement.