The project is being produced by Das Films' Sriram Das and Greater China producer Steve Chicorel, reported Variety.
The film is set in space when a Chinese and American task force venture to Jupiter's moon Europa to awaken an astronaut from a cryogenic stasis, some 24 years after he was attacked by alien creatures in Europa's sub-glacial seas.
He then has to be reunited with his wife and a daughter he has never met.
The movie will be shot in Australia and China's island province of Hainan.
"The science will be very real and not overly futuristic. The sci-fi should not distract from the very human story," Das said.