DeHaan and Delevingne will play the time-traveling Valerian and his sidekick Laureline. Besson will write and direct, while Virginie Besson Silla will produce on behalf of EuropaCorp, which will finance, produce and distribute.
The graphic novel — set in the 28th Century when humanity discovered how to time-travel — was created by Pierre Christin and Jean-Claude Mezieres in 1967 and has since sold over 10 million copies in 21 languages. Valerian and Laureline are agents of the Spatio-Temporal Service, which protects the planets of the Terran Empire.
Production is set to begin in December with a global release planned for the summer of 2017.
EuropaCorp’s slate includes “The Transporter Refueled,” the start of a new trilogy in the studio’s action franchise, debuting September 4; “Shut In,” starring Naomi Watts, which will be released February 19; “Nine Lives,” starring Kevin Spacey and Jennifer Garner, slated for April 29; and “The Lake,” starring Sullivan Stapleton and J.K. Simmons, which will hit theaters on July 15.
DeHaan starred in “The Amazing Spider Man 2,” and Delevingne will be seen in Fox’s romance-drama “Paper Towns” in July. Besson, a prolific producer, has directed “Lucy,” “The Fifth Element” and “La Femme Nikita.”
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Besson had disclosed in 2012 that he would direct “Valerian” from his own script. He made the announcement about the castings and start of production through his first Tweets from his Twitter account.