This document discusses SpaceVPX and SpaceVPXLite, which are standards for modular payload architectures for space applications. SpaceVPX was created to bridge existing VPX standards with the needs of the space market by defining module profiles to meet space application needs, adding features to the utility plane for fault tolerance, and defining the use of SpaceWire for the control plane. The document outlines key aspects of SpaceVPX including its goals, building blocks, development flow, involved organizations, and profiles for slots, backplanes and modules.