The 59-year-old actress will play Janet Van Dyne, the superhero wife of Hank Pym/Ant-Man who was played by Michael Douglas in the original film, according to The Hollywood Reporter.
Another actor joining the film is Laurence Fishburne. He is portraying Bill Foster, the comic book hero Giant Man.
The announcement was made at the ongoing Comic-Con in San Diego.
"Ant-Man and the Wasp" is scheduled for release on July 6 next year.
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