DeLorean cars - made famous by the 'Back To The Future' movies - are set to go into production again for the first time in around 33 years.
The car was originally made by the DeLorean Motor Company in Northern Ireland.
Around 9,000 cars were made between 1981 and 1983. Only 6,500 are still believed to exist.
In 1995 Stephen Wynne began selling refurbished DeLoreans in Texas.
But now his firm, still using the name the DeLorean Motor Company, is able to build new cars as well, following changes to the laws governing small scale car manufacturers.
Mr Wynne told KPRC: "It's huge for us. It means we're back as a car company again".
The new models are expected to cost around US$100,000 (€91,933) - but the final price will depend on what engine the designers choose.
"There's no reason to change the appearance of the car," Mr Wynne added.
"As we go into the programme, we'll decide what areas need to be freshened up."
Mr Wynne hopes to have the first car completed in early 2017.