“Space: 1999,” an iconic 1970s British series that was syndicated in the U.S., is being redeveloped by ITV Studios America and HDFilms as “Space: 2099.”

HDFilms prexy Jace Hall is exec producing the project. Hall recently exec produced ABC’s “V,” another reincarnation of a science-fiction series from a previous decade.

“This is a rare and exciting creative opportunity for anyone involved in storytelling and one that I am honored to receive,” Hall said. “Science fiction is a powerful format capable of visualizing the human condition in thought-provoking ways.

“While we are indeed re-imagining the franchise and bringing something new and relevant to today’s audiences, I feel strongly that some of the overall tones set by the original “Space: 1999″ television show represent an exciting platform to explore possibilities.”

ITV was the original broadcaster in the U.K. of “Space: 1999” (which starred American thesps Martin Landau and Barbara Bain), prompting ITV Studios Amerca prexy/CEO Paul Buccieri to comment that “after more than 35 years, we are thrilled to be developing a new vision of our much beloved franchise for audiences worldwide.”