There are plans for a sequel. There has been a script written, it's been storyboarded. I think they're just sort of waiting for the final go....says Safan in an interview you can find HERE. There's some surprisingly candid discussion in the interview about the current state of film scoring (essentially saying that a majority of today's film music sounds too much alike), Hollywood's propensity for pushing out the old guard in favor of new talent, etc. Give it a listen it you have a chance...it's approx 30 mins long. There's been some confusion about whether the new STARFIGHTER project is a remake, a pseudo-sequel, or what. I can't say for certain, but all indication's I've received point to it being a sequel of sorts. Eager to learn more...