Potential NASA Commercial Applications: Investments are required now in the development of next generation large deployable telescopes that are critical to meeting the future needs of enhanced NASA missions, delivering higher performance at lower cost. Potential future NASA applications in astrophysics that can benefit from the proposed development include Joint Dark Energy Mission (JDEM), Wide-Field Infrared Survey Telescope (WFIRST), and New Worlds science missions. NASA is seeking cost-effective high-performance advanced space telescopes for astrophysics and Earth science to enable future telescopes and observatories collecting electromagnetic bands, ranging from UV to millimeter waves, and also include gravity waves. Astrophysics applications require large aperture lightweight highly reflecting mirrors and deployable large structures like the proposed deployable telescope system. The proposed telescope system also includes a deployable sunshade for passive thermal control. Planned future NASA Missions in astrophysics, such as WFIRST and the New Worlds Technology Development Program will push the state of the art in current optomechanical technologies. The proposed technologies will support mission concepts for New Worlds science requiring 16 m class or greater, cost-effective telescope observatories. In addition, ground based telescopes require similar technology development to that being proposed.