There is a small satellite orbiting your home planet a short ways above the planet's surface. To get the achievement you need to bump into the satellite with your ship to knock it out of orbit. You can get this as soon as you hop into your ship at the beginning of a loop.
Once you find the satellite, line your ship up so that you are moving in the same direction and try to get into an orbit yourself. If you can manage to get close enough you are able to lock onto the satellite and get the option to match its velocity, then slowly move towards it until you make contact.