The most common and most likely answer to this crossword clue is the 5 plus 3 letter word SPACE AGE
I've seen this crossword clue in The Daily Telegraph
S
P
A
C
E
A
G
E
More clues leading to the result SPACE AGE
- High-tech step taken by government advisory body
- Doctor Solomon perhaps mentioned these days?
- Modern life’s ending in Belgian prison?
- Modern resort with English in prison
- One small step in wise man’s lifetime of out-of-this-world travel
- Time for adventure story’s introduction, then wizard enters part of book
- Reportedly sterilise – wise these days
- Modern thinker, gathering speed
- Wise step in the present era
- Ultra-modern sort of green gathering speed
Buddy explains!

The straight part
We know that "Ultra-modern" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case ultra-modern = space age.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does SPACE AGE mean?
SPACE AGE noun- The period from the about the time of the launch of Sputnik in 1957 to the present day, during which man ventured into space.
- Redolent of the space age; appearing futuristic or modern.