Veteran actor Walter Koenig raised the hopes of Babylon 5 fans over the weekend when he claimed creator J. Michael Straczynski is negotiating to acquire the rights to the cult-hit sci-fi series, teasing, "you might see another Babylon 5 in the not-too-distant future."

Straczynski, however, said that's simply not the case. "Walter misspoke," he said this afternoon in a statement to Spinoff Online. "I am not in negotiations with WB to develop more Babylon 5."

Koenig, who had a recurring role in the series as Alfred Bester, an officer in the paramilitary Psi Corps, sparked hopes of a future for the franchise during an appearance at the Las Vegas Star Trek convention. There, TrekMovie reports, the actor told attendees: "[Straczynski] told me that he is in negations to re-acquire the rights to Babylon 5 and it looks pretty good. Now what that portends I am not entirely sure. It could be a new series or it could be a feature film, but he was quite animated about it. He seemed very excited and Warner Bros. is dealing with him in good faith. So you might see another Babylon 5 in the not-too-distant future."

Debuting in 1993, the series centered on a five-mile-long space station based in neutral space, where it served as a focal point for diplomacy, political intrigue and conflict in a struggle for peace among human and alien civilizations in the 23rd century. With long story arcs that earned it the label of a "novel for television," Babylon 5 aired for five seasons, ending in 1998.