The series follows "The Big Bang Theory's" Sheldon Cooper at the age of 9, living with his family in East Texas and going to high school.
Emmy victor Jim Parsons will narrate as Adult Sheldon and serve as an executive producer.
Parsons will narrate as adult-Sheldon, and the whole thing just sounds like a total hoot.
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In picking up the comedy to series, Young Sheldon has also released its formal logline, filled out its cast and set the pilot director.
CBS Corp. CEO Leslie Moonves said the show will most likely be aired after The Big Bang Theory, providing the show gets renewed, which is said to nearly be a done deal.
"Big Bang" co-creator Chuck Lorre and current showrunner Steven Molaro are credited as creators on "Young Sheldon" and will executive produce with Parsons and Todd Spiewak.
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On "Big Little Lies", HBO's dark comedy-drama about three mothers with first graders, Armitage plays Shailene Woodley's son Ziggy.
So far, Lance Barber has been cast as his father and Zoe Perry will play Sheldon's mum.
During Big Bang's 10-season run, many references have been made to Sheldon's childhood, growing up as a gifted youngster in Texas with a religious mother.
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The casting news came in the midst of contract salary negotiations for BBT ensemble's two-year, 48-episode renewal. On Monday, CBS officially announced a straight-to-series order for Young Sheldon which will air in the 2017-2018 TV season. CBS did not say when or where the show will launch.