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TeachMeFinance.com - explain space capability space capability 'space capability' is an military term. It means '(DOD) 1. The ability of a space asset to accomplish a mission'. Previous 5 Terms: source registry space_ space asset _ space assignment- space available mail - Next 5 Terms: space capability space control_ space coordinating authority _ space environment- space force application - Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.