Justice Parmar started Fortuna investments in 2015, making early bets on lithium that paid off big.

Now his VC firm is setting sites on a different frontier market.

So we did extremely well in the battery technology space and we've now turned our attention to the new space economy.

We think this new space economy is nothing like we've ever seen before.

We think it's a 500 billion dollar

industry going to a trillion dollars and it's an amazing time to be alive.

Foruna recently became an investor in SpaceX and has already backed a

startup called Star Fighters Space, which is a launch

provider touting a fleet of F 104 supersonic aircraft.

Fortuna's goal invest in roughly a dozen early stage space companies.

But what we've seen is in 2024,

the valuations of most earlier stage

space companies are at all time lows

or pretty close to all time lows.

So you have the valuations actually at a very low depressed price,

yet you're now seeing the technology being the furthest that's ever being.

So that's an amazing setup for folks like us and new capital to really get involved in this like this.

On this episode, Parma breaks down where he sees the opportunities in the space space,

why now is the time, and his bullishness on the

space company founded by another billionaire that isn't Elon Musk. I'm

Morgan Brennan and this is Manifest Space.

Justice Parmar,

...