The sixth installment of "Mission: Impossible" franchise is under development.

Paramount, Bad Robot and Skydance Productions are currently developing the movie which is tentatively titled "Mission: Impossible 6".

According to Tracking Board website, Tom Cruise, David Ellison, Dana Goldberg and J.J. Abrams would be all returning to produce the movie.

Don Granger and Matt Grimm, meanwhile, are set to serve as executive producers with Elizabeth Raposo set to oversee development on the upcoming action movie.

Cast members and production date have not yet been set, and plot details for the film have also not been revealed, reports aceshowbiz.com.

Meanwhile, "Mission: Impossible Rogue Nation", the fifth installment, is slated to be released on July 31 this year in the US.

The action-adventure-thriller sees Tom Cruise returning to reprise his role as Ethan Hunt. It also stars the likes of Simon Pegg, Alec Baldwin, as well as Jeremy Renner among others.