Favreau also says the show will not only satisfy longtime fans but introduce a new generation to the galaxy far, far away.
Another thing we know already is that Favreau is unleashing some heavy-duty, deep-dive nostalgia.
For those unfamiliar with the Mandalorians, they are a race of warriors who featured in Star Wars: The Clone Wars. The aliens there don't look happy to see him.More news: North Korea's Kim Jong Un says United States must change stance, gives deadline
The Mandalorian will premiere on Disney+ and sees Pedro Pascal (Game of Thrones) leading a cast that includes Gina Carano (Deadpool), Carl Weathers (Rocky), Nick Nolte (Afflication), Giancarlo Esposito (Breaking Bad), Emily Swallow (Supernatural), Omid Abtahi (American Gods) and Werner Herzog (Grizzly Man).
Fans who attended in person got to see some behind-the-scenes footage and a teaser trailer, but they blocked it out of the livestream, so we have to rely on the excited tweets of those who were in the room where it happened.
Get push notifications with news, features and more.More news: President Erdoğan calls for Sudan to restore peace, democracy
The first episode debuts when the Disney+ streaming service launches on November 12. Fans will be able to subscribe for just $6.99.
Who is directing The Mandalorian? Remove the hull plating of this fantastic LEGO Star Wars vehicle to reveal a detailed 2-minifigure cockpit, conference area with table, weapon rack and a control console with 2 seats.
The Mandalorian takes place in the time between the end of the original trilogy and The Force Awakens.More news: Woman had four bees living inside eye and feeding on tears
Disney announced on their official Twitter account that all of the Star Wars films will be added to the service. "With Lucasfilm President Kathleen Kennedy and Star Wars: Episode IX director JJ Abrams appearing on stage, you can count on plenty of surprises and special guests to keep your imagination buzzing for the rest of Celebration!" "You have chaos taking over the galaxy", Favreau said. Star Wars: Rogue One explained how the Rebels obtained the plans to blow up the first Death Star before A New Hope, and Solo told the origin story of Han Solo, one of the main characters of the original movies. As with the other large-scale Star Wars ships, there look to be some really fiddly parts.