Future space telescopes will require apertures that are larger than the current state of the art, yet fit within the exiting launch restrictions on size and mass. The mass can be reduced by using a thin flexible substrate for the optical surface and a rigid, lightweight frame with actuators for support. The accuracy of the optical surface is actively maintained by adjusting the actuators using feedback from wavefront measurements. We have designed, built and tested a 0.5-m demonstration mirror for use in geosynchronous Earth-imaging systems. The mirror has an areal density of 5 kg/m2 and is the lightest mirror we have made using the thin substrate design. This paper discusses the design, fabrication and performance of the 0.5-m mirror.