Electric Orange - Netto. 2011 Sulatron (Austria).
While on the topic of new space rock bands, why let the English have all the fun? Electric Orange almost singlehandedly restored the cosmic Krautrock genre back to greatness in 1993 (with the exception of some truly obscure outfits like Attempt to Restore, Nova Express and Der Kampf Gegen den Schlaf). They took a detour shortly thereafter into the realms of electronica, realized the error of their ways, and returned back to form in 2001 with "Abgelaufen!". Since that time, Electric Orange have gone from amateur to professional status, added more band members, and have released a number of quality albums with consistency.
Electric Orange have definitely retraced the steps of their ancestors, and are one of the only "true" Krautrock bands in existence today. I mean that by the atmosphere and angst of the music, verse the actual geographical location.
A must own CD.
Here are some highlights from other reviews:
Aural Innovations says: "This is not psychedelic rock of the stoner/guitar-jam variety, but rather atmospheric experimentalism placed somewhere between classic era Tangerine Dream, and early Verve shoegazing (the pulsing soundscapes served up by Scandinavians The Spacious Mind are a further musical touchstone)... ... For fans of the more kosmische end of the krautrock and spacerock spectrum, Netto could well be an early candidate for end-of-year top album lists, and continues to deliver on repeated listening."
Rivertree @ ProgArchives offers this: "They have refined their neo krautrock style which is based on space rock mixed with hypnotic rhythms a la CAN as well as spheric cosmic excursions in the vein of TANGERINE DREAM - that said just exactly offered in best tradition of many German bands which began to make music in the 1960/70's with experimental and mind-expanding attitude."