The next two "Mission: Impossible" sequels will release in 2021 and 2022.

The studio on Friday announced that the seventh film in the series will be released on July 23, 2021, and the eighth film will open on August 5, 2022.

Christopher McQuarrie is returning to direct both films from his own scripts.

Actor Tom Cruise will also be back as IMF agent Ethan Hunt.

Jim Gianopulos, Chairman and CEO of Paramount Pictures, said: "We couldn't be more excited to build on the massive success of 'Mission: Impossible - Fallout' by re-teaming with Chris and Tom on these next two films, following two successful collaborations."

"Mission: Impossible - Fallout" grossed more than $790 million worldwide, the best haul in the six-film franchise to date.

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