The sequel is set several decades after the 1982 original, with Harrison Ford reprising his role as Rick Deckard. The pic is written by Hampton Fancher and Michael Green, and succeeds the initial story by Fancher and David Peoples based on Philip K. Dick's novel Do Androids Dream of Electric Sheep?

Cynthia Sikes Yorkin is producing along with Broderick Johnson, Andrew A. Kosove and Bud Yorkin. Frank Giustra and Tim Gamble, CEOs of Thunderbird Films, will serve as executive producers alongside Ridley Scott and Bill Carraro.

Leto, who also performs as a musician and singer in the rock band Thirty Seconds to Mars, was most recently seen in Suicide Squad and won an Oscar and a Golden Globe for his performance in 2013's Dallas Buyers Club.