The space is white representing the peace.

Asgardian symbol represents citizens (colors within circle) joined together to form peaceful nation (white within circle) located in the space (white out of the symbol) near the Earth (green line on the left). We will use justice (golden yellow within symbol), science and technology (navy blue within the symbol) and ecology (green within the symbol) as tools to protect the balance of the life (the flower of life as Asgardian symbol) within the Nature. White space that surround green circle also represents that we will keep all we produce within our space station (e.g. within our nation) and by that to prevent our actions to change the balance of the life in the space around us. The balance of the life we will treasure is represented by green within circle in the horizontal line.
Lines on the left represents as follow: Golden yellow line represents the Sun. Navy blue lines represents the orbit lines from left to right of the Mercury and the Venus respectively. Green line represents the orbit of the Earth. White represents the space and peace within, including on the Earth and within our nation represented by the flower of life.