From Variety:
After turning Homer’s epic poem "The Iliad" into the 2004 film "Troy," Warner Bros. and Brad Pitt are teaming with George Miller to adapt the Greek poet’s other masterwork, "The Odyssey."Well, sort of.
Their intention is to transfer the tale to a futuristic setting in outer space.
Warner Bros. has quietly set up "The Odyssey," and the early hope is that Pitt will star and Miller will direct, with Pitt’s Plan B producing. Pitt played Achilles in the Wolfgang Petersen-directed "Troy," a global blockbuster that David Benioff adapted from "The Iliad."
Both Homer poems dealt with the Trojan War; "The Odyssey" focused on the exploits of Odysseus, who hatched the idea to build the Trojan Horse. "The Odyssey" deals with his long journey home after he declines to become a god.