Multiple-antenna techniques constitute a key technology for modern wireless communications, which trade-off superior error performance and higher data rates for increased system complexity and cost. Among the many transmission principles that exploit multiple-antenna at either the transmitter, the receiver, or both, Spatial Modulation (SM) is a novel and recently proposed multiple-antenna transmission technique that can offer, with a very low system complexity, improved data rates compared to Single-Input-Single-Output (SISO) systems, and robust error performance even in correlated channel environments. SM is an entirely new modulation concept that exploits the uniqueness and randomness properties of the wireless channel for communication. This is achieved by adopting a simple but effective coding mechanism that establishes a one-to-one mapping between blocks of information bits to be transmitted and the spatial positions of the transmit-antenna in the antenna-array. In this article, we summarize the latest research achievements and outline some relevant open research issues of this recently proposed transmission technique.