Already known is that Underworld director, and hubby to sexy Kate Beckinsale, Len Wiseman has been picked to helm the film.
The Hollywood Reporter reports that Joby Harold is in talks and is the name that has been floated to pen the movie.
Harold is best known for writing and directing the 2007 thriller Awake starring Hayden Christensen and Jessica Alba,
Alex Kurtzman and Roberto Orci are producing along with Atlantis Rising creator Scott Mitchell Rosenberg.
Atlantis Rising revolves around an underworld civilization that wages war against the rest of the earth.
"In all the classic versions of this kind of movie, the threat is always from the stars," Orci told THR. "The idea that it's somehow our cousins who went off in a different path of evolution who have been here, literally, underneath our oceans. ... That's fascinating, the idea of secrets right under your nose."