Oscar-winning actress Brie Larson is set to create history by playing the role of Captain Marvel in Marvel Cinematic Universe’s first female-led superhero film. 

The final announcement was made Saturday night by Marvel Studios president Kevin Feige during a panel at the Comic-Con International in San Diego, California. In 2014, after announcing the Captain Marvel film, Feige had confirmed that the role would be played by a woman.

“Let me clarify,” the Telegraph quoted Feige as saying at the time. “Captain Marvel has gone by many names in the comics, has had many people who’ve inhabited that costume and used that power base. I want to make it very clear: This hero’s name is Carol Danvers.” 

Carol Danvers, or Captain Marvel, is a fighter pilot with powers that she gained when she was caught in the exploding  Psyche-Magnitron. Some of her superpowers are the ability to fly, super-strength, invulnerability, energy absorption and redistribution and limited precognition.

In March 1968, Danvers made her first appearance in  "Marvel Super-Heroes #13," originally as a military security chief. She also played the love interest to Marvel’s first “Captain Marvel” — an alien warrior called Mar-Vell, who defected from the Kree Empire to defend Earth.

Larson, 26, won the Academy Award for Best Actress in 2016 for her role in “Room” and has voiced her concerns regarding the lack of female stories in the industry. She celebrated the “Captain Marvel” announcement by tweeting a picture of herself in a Marvel cap.

According to rumors, the character of Captain Marvel may debut in 2018’s “Avengers: Infinity War Part 1,” even before the release of the standalone movie. However, Feige did not confirm this at the panel.

The film will reportedly be co-written by  "Guardians of the Galaxy"  writer Nicole Perlman and Inside Out’s Meg LeFauve. A director has not been announced for the project as of now.

"Captain Marvel"  is set to hit the screens on March 8, 2019.