The Japanese anime mecha Mobile Suit Gundam has already made an appearance in two films this year, Pacific Rim Uprising and Ready Player One, and it looks like it will be hitting the big screen again some time in the future. Today, at Anime Expo 2018, it was announced that Legendary Pictures and the Japanese company Sunrise Inc. (rights holder) will be making a Gundam live-action feature film.
Original series Gundam art by Yoshikazu Yasuhiko
That's pretty much all of the information that was provided about the future film. No indication if it would be set in the Universal Century timeline from the original series or if it will be set in an alternate universe like many of the subsequent series were. Here's how Legendary describes Gundam:
The original Gundam series is set in the Universal Century, an era in which humanity's growing population has led people to emigrate to space colonies. Eventually, the people living in the colonies seek their autonomy, and launch a war of independence against the people living on Earth. Through the tragedies and discord arising from this human conflict, not only the maturation of the main character, but also the intentions of enemies and the surrounding people are sensitively depicted. The battles in the story, in which the characters pilot robots known as mobile suits, are wildly popular.
This isn't Gundam's first foray into live-action. Previously an effort was made with a Canadian/Japanese TV film called G-Saviour. Legendary might use that as a cautionary tale.
Sunrise Inc. posted a teaser image for the Gundam movie and a video from Anime Expo.
Gundam live-action movie teaser image