Get ready for news that will make your year, Somerlovers and Jonas fans! Olivia Somerlyn and Nick Jonas have collaborated together on Somerlyn's new single, 'Parachute' -- and PopCrush has the exclusive details!

Somerlyn and Jonas co-wrote 'Parachute' together, and Jonas also produced the tune. The duo were psyched to work together, as Somerlyn has been a longtime fan of the Jonas Brothers and is also managed by their father, Kevin Jonas, Sr.

“Working with Nick was amazing. He is an incredibly talented writer and producer," Somerlyn gushes about the collab. "My new single is a fun, powerful and empowering song, and I'm so excited to share it!"

And it looks like the (formerly) curly-haired singer feels the exact same way.

"I had a great time working on this song with Olivia," Jonas reveals to PopCrush. "I love that the song has this emotional pull while still feeling upbeat and high energy."

With a powerhouse collaboration like that, you know the single will be amazing -- and we can't wait to hear it! Keep this date etched in your mind: 'Parachute' is set to drop on May 5.