The sci-fi epic will be directed by James Gray, who has co-written it with Ethan Gross.
According to Deadline, Pitt would play the slightly autistic space engineer Roy McBride. Twenty years after his father left on a one-way mission to Neptune in order to find signs of extra-terrestrial intelligence, McBride travels through the solar system to find him and understand why his mission failed.
Jones will play Pitt's father in the movie, being produced by Plan B with Gray, RT Features' Rodrigo Teixeira, Keep Your Head Productions' Anthony Katagas and Mad River's Marc Butan.