The famous space pirate, Cobra, regains his memories after five years of forced amnesia, along with his android partner, Lady Armaroid, and immediately gets hunted by his sworn enemy, The Pirate Guild.
Unsure of his skills with the Psycho-gun after five years of hiatus, Cobra has an encounter with a demon slave trader, Zigova, who wants to replicate the psycho-gun so he could rise through the ranks of the Pirate Guild.
Cobra encounters bounty hunter Jane Royal, and on her heels is his arch nemesis Crystal Bowie, and agrees to help her locate her two sisters, in the search for their father's long lost treasure.
In his quest to locate Captain Nelson's treasure, Cobra infiltrates the infamous Cido prison in order to free Jane Royal's sister, Catherine, and goes against prison warden Schultz, who moonlights as a slave trader.
Cobra discovers that Jane Royal who tried to kill him is under mind control by Tavege The Magician, a dangerous humanoid plant who plants his seeds into people and takes over their bodies.
In order to contact the third Royal sister, Dominique, Cobra must infiltrate the all-female gang, The Snow Gorillas, which belongs to the Pirate Guild.
Finding out that she's an undercover Galactic Patrol agent, Cobra helps Dominique Royal escape The Snow Gorillas, deciphers the three sisters's back tattoos, and discovers the nature of Captain Nelson's treasure.
Cobra travels to Zados, the Sand Planet, and begins searching the pyramid that houses Captain Nelson's treasure, with the Snow Gorillas's leader, Sandra, on his tail.
Finally locating Captain Nelson Royal's treasure, The Ultimate Weapon, Cobra battles Sandra, the Snow Gorilla's leader, and disposes of the Ultimate Weapon.
Cobra, undercover as Rug Ball player Joe Gillian, uses the highly intense practice game against team 1 as a cover to steal the Pirate Guild's drug route from the Red Saxons' stadium.
After stealing 30 thousand diamonds from the Pirate Guild, Cobra's partner, Lady, is kidnapped by Brian Reed, a weapons manufacturer for the guild, and ransomed against the diamonds.
In a planet torn between two warring factions, circumstances force Cobra to join a small group of surviving mercenaries to cross a dangerous desert, but not everyone is who they claim to be.
After getting a call from Dominique Royal about being constantly watched and setting up a meeting, Cobra discovers Dominique has been killed by a dangerous Pirate Guild higher up, Salamander.
In order to avenge the death of Dominique Royal, Cobra contacts old friends and partners to form a team against Salamander; first are Doug Savalas, and Pumpkin.
Cobra, along with Doug Savalas, and Pumpkin, travel to Planet Neptula's arctic region to recruit the last member of the team and Cobra's old time friend, Bud.
Cobra and the team infiltrate the annual Pirate Guild Leaders meeting taking place at Casino Station, and attended by Salamander, in an attempt to assassinate him.
Cobra must stop powerful 3000-years-old shape-shifting Salamander and his cult of space Neo-Nazis tied to the Pirate Guild from using thousands of Shido Goddess planet orbiting statues to take over the galaxy.