20th Centurys Steve Asbell and Scott Aversano were also heavily involved in negotiations.
Based on a short story by Hedges, the films plot is being kept under wraps.
But sources have described the project asInterstellarmeetsTop Gun.
Edward Berger, Austin ButlerGetty Images
Up-and-comer Hedges made the Black List twice with his scriptsThe SearchersandCosmic Sunday.
He sold the sci-fi tentpole specRelayto producer Neal H. Moritz and has the filmTiltin development with Chernin.
Butler is repped by WME, Anonymous Content, and Sloane Offer Weber & Dern.
Hedges is with WME, Entertainment 360, and Granderson Des Rochers.