Bloodshot, targeted for a 2017 release, will be directed by the John Wick team of David Leitch and Chad Stahelski, working from a screenplay by Jeff Wadlow (Kick-Ass 2) and Eric Heisserer (The Thing remake, the upcoming Story of Your Life). Matthew Vaughn and Jason Kothari will act as executive producers.

For Harbinger, Heisserer will provide the script solo, while potential directors are being kept under wraps for now. All five movies will be produced by Valiant's Dinesh Shamdasani, along with Original Film's Neal H. Moritz and Toby Jaffe (The Fast and Furious franchise, 21 Jump Street). Andrea Giannetti will oversee for Sony.

Harbinger, created by former Marvel editor-in-chief Jim Shooter and David Lapham, is a next-generation X-Men-esque storyline about a group of superpowered beings on the run from the Harbinger Foundation, an organization run by mysterious philanthropist Toyo Harada. Bloodshot, created by Kevin VanHook, Don Perlin and Bob Layton, is a soldier brought back from the dead by a secret government agency and turned into an unstoppable killing machine with no memory.

Both properties were among the first revived by Valiant Entertainment during the company's relaunch in 2012, leading to 2013's Harbinger Wars series by Joshua Dysart, Duane Swierczynski, Clayton Henry, Pere Perez and Clayton Crain.

In addition to Bloodshot and Harbinger, a number of other Valiant properties are in development, including odd-couple action comedy Archer & Armstrong and supernatural thriller Shadowman. The company received funding from DMG Entertainment in March for feature and television development, which teased development of properties for both the U.S. and China markets, including Chinese-language publishing and animation as well as movies.