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In a post-apocalyptic 2007, Cyber Commando Rex Powercolt faces off against his former commander Colonel Sloan, and tries to stop his nefarious plot to use dragon blood to turn the world's population into primitive savages.

Set in a neon-colored post-apocalyptic 2007, Cyber Commando Rex Powercolt faces off against his former commander, Colonel Sloan, and tries to stop his nefarious plot to use dragon blood to turn the world's population into primitive savages.—Grimcicle

In the distant future of 2007, in the wake of a Second Vietnam War, nuclear conflict has destroyed most of the world. Sergeant Rex "Power" Colt is a Mark IV cyber commando super-soldier. Rex and fellow cyborg Lieutenant T.T "Spider" Brown are helicoptered into an unnamed island to infiltrate an enemy bunker and download critical intelligence. The enemy presence occupying the island are Omega Force, an elite American battalion and their leader is rogue Colonel Ike Sloan.

Sloan is arming ballistic missiles for launch, Rex and Spider disable the lift off, but are both offlined in the chaos. Sloan's scientist, Dr. Elizabeth Darling reboots them, Sloan has become disillusioned with the American government and their attempts at peace with the Soviet Union, even after the damage the war has done. His purpose is to "redress the balance", Spider is killed and Rex knocked out. Dr. Darling contacts Rex after he regains consciousness, she has defected from Sloan after knowing of his intentions, a race of giant lizards known as Blood Dragons roam the island, their blood is supercharged from radiation, Sloan used it on himself to augment his Mark V cybernetics and is loading the missiles with to be launched all over the world.

Rex destroys Sloan's war machine that help develop the missiles and discovers the location of an otherworldly gate that leads him to a weapon capable of killing Sloan and his constructs, the Killstar, a wrist-mounted laser. With such power at his side, Rex raids Sloan's compound, eventually meeting him again in person. But Rex is unable to kill him as Sloan programmed him when Rex was rebuilt as a cyborg, but memories of Darling and Spider reminding him of his humanity are enough to inspire Rex to deliver a killing blow to Sloan.

Darling appears with a remote detonator to destroy the missiles in their silo, she and Rex watch the base's destruction as Darling turns to the camera with a sinister gaze.