This is for an event currently running over on Project Rooftop, in memory of the character's creator, Dwayne McDuffie, who recently passed away. Static was part of the Milestone imprint, published by DC in the '90s, which was a concerted effort to create a comics universe that showed real diversity, in a genre historically populated by mostly white characters and creators.
While his name is perhaps not as well known outside the comics and entertainment industry as some creators, McDuffie's reach was greater than most. He was the driving force behind the Justice League TV show, along with the Static Shock cartoon based on his own character, as well as a writer for Teen Titans and several of DC's animated movies. As such, McDuffie is probably responsible for reaching a larger mainstream audience in the last 10-15 years than comics themselves and creating a whole new generation of superhero fans that exists today.
Unfortunately I have the hardest time getting a decent scan of watercolors with my current (i.e. old) scanner. The colors for this still ended up looking washed out, even after tweaking in Photoshop, as you can see by the slightly blurry (but more accurate) camera pic below:
