The area of New Space is a vastly growing and dynamic field with a high innovative potential and many exciting ideas. After decades where activities in space were dominated and funded mainly by governmental agencies, a new industry is forming and new business models are being developed around ideas like satellite-based internet, space travel, space mining, geo-monitoring etc. For space applications, lightweight design is crucial to keep the costs at a minimum. This Innovation Day will introduce the field of New Space and present the variety of exciting opportunities that arise for composites based on their excellent lightweight potential.