By coincidence, I was discussing something along this lines with my father the other day (who is interested in such things), and he told me that the James Webb telescope has a really fancy multi-layer parasol to protect it from Sunlight, Earthlight or Moonlight.I wonder how large a satellite would have to be in order for its dark side to be cold like Mercury's (assuming it never changed its facing with respect to the sun). Too large, I should think.
Looking it up on wiki, and it's 5 layers, and can keep the working bits down to about 40 kelvin. Which is very impressive.
