The international edition of Variety has the first promo art for Alexandre Aja's film, now called Cobra the Space Pirate. The movie is still in the development phase so no casting news has been announced.
As A fan of the series, I can't see anyone presenting this movie to Hollywood without having the soul and humor completely sucked out of the final product by producers.
Aja, the director of Piranha 3D, The Hills Have Eyes and High Tension, bought the rights to the bestselling manga about a pirate who changes his own face and erases his own memories to hide from his enemies.
I just hope that this doesn't end with Buichi Terasawa committing seppuku in shame for selling the feature film rights to a Hollywood devil.
Cobra has a tentative release date of 2013 (Cover below):
The promo image gives me the impression that the whimsical aspects of the original property are out the window.
Here's Cobra as I remember the series:
Damn you Hollywood!