Thirty years later, the Sylvester Stallone action thriller Cliffhanger is getting a reboot, Variety reports today, and Stallone is set to reprise the role of mountain climber Gabe Walker.

Ric Roman Waugh (Angel Has Fallen, Greenland) is directing.

Mark Bianculli (“Hunters”) wrote the script for the Cliffhanger reboot.

“Fast and Furious” producer Neal H. Moritz’s Original Film will produce with Rocket Science and Sylvester Stallone and Braden Aftergood’s Balboa Productions.

“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 favorite spectacles,” director Ric Roman Waugh said 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.”

Moritz said, “I’ll never forget the thrill I felt watching Sylvester Stallone in ‘Cliffhanger.’ I am incredibly excited to be working with him and Ric Waugh to continue the story of Gabe Walker and introduce this iconic story to a new generation of filmgoers around the world.”

In director Renny Harlin’s 1993 hit, “A botched mid-air heist results in suitcases full of cash being searched for by various groups throughout the Rocky Mountains.”

Watch the original movie’s trailer below.