The next Bond film will be called Quantum of Solace.
It's taken from one of 007 author Ian Fleming's short stories that he wrote around the time of For Your Eyes Only.
Daniel Craig explains what it means: "Basically it's Ian Fleming's idea that once the quantum of solace leaves a relationship it's all over.
"If you don't have that quantum of solace then there's not much worth fighting for.
"It's a lot to do with where he's at at the end of the last movie. His heart's been broken. He's going out to find the guy who's responsible and he's looking for revenge but also to make himself happy with the world again.
"But it also alludes to something else in the film."
But what everyone wants to know is - will he be wearing those swimming trunks again?
"I'm not going to put them trunks on ever again but there will be a certain amount of nudity in this movie."
Twice as much action
Launching the film at Pinewood Studios in London, Bond producer Barbara Broccoli says we can expect a lot more action.
"It's not a revenge movie. It's much more complicated than that.
"There's much more action and it also deals with the inner turmoil of Bond following Casino Royale."
Dame Judi Dench is back as MI6 boss M: "He's a terribly appealing character. You want to know more about him. It's wonderful to be part of this."
St Trinian's actress Gemma Arterton, 21, is playing the role of MI6 Agent Fields.
Ukrainian model Olga Kurylenko is the new Bond girl, Camille, and French actor Mathieu Amalric plays villain Dominic Greene.
But we won't be seeing Eva Green's character Vesper Lynd from Casino Royale again although Bond will have flashbacks.
Producers say there could be a return for Q and Miss Moneypenny in later films.
Quantum of Solace is out later this year.