The Celtic Dragons have secured one of the eight franchises to compete in the 2012 Netball Superleague.
The Welsh side join Northern Thunder, Hertfordshire Mavericks, Loughborough Lightning, Surrey Storm, Team Bath, Team Northumbria and Yorkshire Jets.
The eight teams have been given four-year deals, with a review after two seasons, while the Glasgow Wildcats have lost their franchise.
"I am a very, very happy coach," said Dragons coach Melissa Hyndman.
"For Welsh netball, the Celtic Dragons is a huge stepping stone for our Welsh girls."
Hyndman coaches both the Dragons and the Welsh national side and Wales' ninth-placed finish at the World Netball Championships in Singapore in July "certainly helped" the Dragons' Superleague bid.
The Welsh squad are largely made up of Dragons players and the Welsh club finished sixth in last season's Superleague.