A reimagining of the classic 1980s toon Voltron (reworked from two different anime series) is in the works from Netflix and DreamWorks Animation.  The property has been an important driver of sales of geek merch over the years, including comics, books, toys, and games.

The new series featuring a giant robot assembled and piloted by five daring space adventurers is just one part of an expanded deal between the two companies.

Central to the deal is Netflix becoming the new global home (outside of China) for any original series from DreamWorks Animation.  The deal includes a new series by Guillermo del Toro called Trollhunters; and extends rights to current original series including The Adventures of Puss in Boots, Dinotrux, Dragons: Race to the Edge, and more.

The expanded relationship is part of a plan to include more family programming.  Cindy Holland, vice president of Original Series for Netflix stated, "It's with great pleasure that we expand on an already successful relationship with DreamWorks Animation to bring more premium kids and family television to Netflix members globally."

Dreamworks Animation picked up some rights to Voltron in its acquisition of Classic Media back in 2012 (see "Dreamworks Acquires Classic").

No official release date for the new Voltron series has been announced.