The Warner Bros. And DC superhero film is directed by James Wan, according to The Hollywood Reporter.
The movie also stars Amber Heard as Mera, the love interest of Aquaman and eventual queen of Atlantis.
Momoa, 37, made his first appearance as the seafaring superhero in "Batman v. Superman: Dawn of Justice," which hit theaters in March.
He will also appear in "Justice League," which will be out in 2017.
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