Hyundai’s electric aviation taxi startup Supernal stopped its aircraft planning work after a tough few months and told TechCrunch that two employees familiar with the matter layoffs and the departure of its CEO and CTO.
When Super Naming barely got out of the way, this reshuffle was literally. The first test flight of its technology presenter It happened earlier this year. Despite the subsequent tests by Supernal, the company is still trying to fly to its first unbound test before pausing. The company plans to launch a commercial service in 2028.
Later last week, Supernal announced the departure of CEO Jaiwon Shin. According to Familiar People, Chief Technology Officer David McBride also left, and they were spoken anonymously about private company affairs. OC Register Report first Stop while the superior flight plan and McBride’s departure.
Regarding business services, the startup told TechCrunch that “newly appointed leaders will evaluate and determine the best timeline for progress”. The company declined to comment on McBride’s departure.
As the new electric taxi industry is in a turbulent period, a super struggle is coming. Some startups, such as Toyota-backed Joby, Improve and announce partnerships and acquisitions. Others, such as lillium, collapse.
Starting from Hyundai Group in 2021, super Put down dozens of Earlier this summer, ahead of the reorganization of executives. The startup suddenly ended its Washington, D.C. headquarters late last year, as TechCrunch previously reported.
David Rottblatt, Super Senior Business Development Director, is overseeing “Super Business Operations as Interim COO during this transition period”. The larger Hyundai Group “plans to appoint new leadership with deep expertise in business operations to advance urban air flow (UAM) solutions and guide the organization to the next phase of growth”.
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The current CEO of the exam has long been promoting the test flight. At the Consumer Electronics Show in 2024 (the company showed off a larger, non-flying concept car) talk Supernal is almost ready to “push the limits of technology with presenters.” McBride told Aug 2024 Vertical Magazine Test flights will “verify our ability to build aircraft” ahead of the planned 2028 commercial launch.
This is the second futuristic startup under the modern umbrella to have been in trouble in recent years. In 2024, the South Korean group had to double the action of its self-driving car startup after supporting partner Aptiv’s decision to stop funding partners who were once a joint venture. That caused Reorganization At the end of last year, about 40% of the employees were involved in laying off employees, and eventually leave CEO Karl Iagnemma.