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After a lengthy negotiation, Warner Bros. Pictures has picked up feature rights to "Robotech," a 1980s Japanese cartoon series with giant robots known as mechas. Maguire is eyeing the lead role, and will serve as a producer.

"We are very excited to bring 'Robotech' to the big screen," Maguire said. "There is a rich mythology that will be a great foundation for a sophisticated, smart and entertaining film."

A sprawling sci-fi epic, "Robotech" takes place at a time when Earth has developed giant robots from the technology on an alien spacecraft that crashed on a South Pacific isle. Mankind is forced to use the technology to fend off three successive waves of alien invasions. The first invasion concerns a battle with a race of giant warriors who seek to retrieve their flagship's energy source known as "protoculture," and the planet's survival ends up in the hands of two young pilots.

The $686 million worldwide box office success of "Transformers" has inspired other studios to assemble giant robot movies. Last month, Fox-based Regency picked up 1980s Japanese anime series "Voltron."