With lightweight, multifunctional, and designable characteristics, porous/lattice structures have started to be used in aerospace applications. Porous/lattice structures applied in the thermal management technology of aerospace vehicles have attracted much attention. In the past few years, many related numerical and experimental investigations on flow, heat transfer, modelling methodology, and manufacturing technology of porous/lattice structures applied in thermal management systems have been widely conducted. This paper lists the investigations and applications of porous/lattice structures applied in thermal management technology from two aspects, i.e., heat transfer enhancement by porous/lattice structures and transpiration cooling. In addition, future developments and challenges based on the previous investigations are analyzed and summarized. With the higher requirements of thermal protection for aerospace applications in the future, thermal management technology based on porous/lattice structures shows good prospects.