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Keanu Reeves and Alex Winter will travel through time once more in a third Bill & Ted movie

Bill and Ted are slated to take a most bodacious victory lap.

Actors Keanu Reeves and Alex Winter will reunite for a third installment of the Bill & Ted movies, The Hollywood Reporter revealed Tuesday.

The original film, Bill & Ted's Excellent Adventure, became a cult classic after its 1989 release, and its sequel, Bill & Ted's Bogus Journey, brought the infamous slackers back to the silver screen in 1991. Nearly three decades since the absurdist science fiction flick premiered, Reeves and Winter will reprise their goofiest roles in a script that will be penned by the original creators.

The newest installation will reflect how much time has passed, writes the Reporter, showing the two characters as grown men with families. They'll be forced to time travel once again in order to write a song to save the universe from total destruction. The movie's creators have reportedly been working on another sequel for several years, but just recently brought it to pre-production. Read more at The Hollywood Reporter.