Do you remember Pete’s Dragon, the 1977 part-live-action, part-animated movie about a boy who lives in the forest with his dragon? Because it has a reboot now. The new, much more serious take stars Robert Redford and Bryce Dallas Howard as concerned adults and Oakes Fegley as Pete. David Lowery (Ain’t Them Bodies Saints) directed the film. We only get a few glimpses of the dragon in the latest trailer for the film, but enough know that it has a big tail, wings, teeth, and the ability to camouflage, but not pink hair this time around, which is a true pity. Watch the latest trailer above and see the first teaser below. Pete’s Dragon swoops into theaters August 12.