The producers of the James Bond film series will be honored with honorary Oscars at a ceremony in November, announced the Academy on Wednesday. Half-siblings Michael G Wilson and Barbara Broccoli have overseen the iconic espionage franchise since 1995’s Goldeneye, taking over from Broccoli’s father Albert.

They’ve led several of the series’ most successful films, including the $1 billion-grossing Skyfall in 2012, starring Daniel Craig as the suave British spy.

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According to Academy President Janet Yang, the award recognizes their achievements as producers of the beloved Bond series (James Bond) and their significant contribution to the film industry. The honor arrives at a pivotal moment for the iconic spy franchise.

The last Bond film, 2021’s No Time To Die, marked Daniel Craig’s final appearance, and his replacement has not yet been announced. Moreover, Amazon’s acquisition of 007 studio MGM has added to the anticipation surrounding the series’ future.

Eon, the Broccoli family’s company, holds substantial creative control over the Bond films, which are based on Ian Fleming’s novels.

Wilson and Broccoli will accept their awards alongside other notable figures such as Quincy Jones and Richard Curtis at a ceremony in Los Angeles in November.

Quincy Jones, a pioneering musician, composer, and producer, has received seven Oscar nominations for his work on films like In Cold Blood and The Color Purple. British writer and director Richard Curtis, known for films like Notting Hill and Love Actually, will also be honored for his significant contributions to the film industry, as well as his humanitarian work through Comic Relief.

The Governors Awards, where the honorary Oscars are presented, will take place on November 17th.