Extra executives depart Hyundai’s air taxi startup Supernal


A wider management shake-up at Hyundai’s electrical air taxi startup Supernal is underway only a few weeks after it paused work on its car program and its CEO and CTO left, TechCrunch has discovered.

Supernal’s chief technique officer, Jaeyong Track, and chief security officer, Tracy Lamb, are not with the corporate, the startup confirmed Friday. Lina Yang, the chief of employees to Supernal’s just lately departed CEO, Jaiwon Shin, can also be out. (Yang had beforehand served as Supernal’s “Head of Clever Programs” till April 2025.)

“As we transition to new management, we have now taken the chance to strategically assessment our program’s progress and subsequent steps to make sure alignment with our long-term targets,” the startup stated in an announcement to TechCrunch.

Supernal stated proprietor Hyundai Motor Group “stays strongly dedicated to its AAM [advanced air mobility] enterprise.”

Track’s departure is especially notable provided that he spent three years serving because the vp of Hyundai’s AAM group earlier than taking up the chief technique officer function at Supernal in 2023. (Supernal was spun out of AAM in 2021.) Track has been employed by the bigger Hyundai-Kia group since 2014. Lamb, in the meantime, has a protracted historical past as a business pilot and security government within the aerospace trade. Track didn’t instantly responded to a request for remark. Lamb declined to remark.

It’s been a troublesome yr for Supernal. That startup ended 2024 by abruptly winding down its new headquarters in Washington, D.C., as TechCrunch beforehand reported. Whereas Supernal lastly pulled off its first check flight in March, it laid off dozens of workers only a few months later. By early September, the startup started an government shake-up and paused the air taxi program.

That is occurring at a vital second for the nascent electrical vertical takeoff and touchdown trade. Some gamers are securing funding and new partnerships forward of deliberate business launches (all whereas the regulatory scheme will get more and more favorable within the U.S.), whereas others are going out of enterprise.

Techcrunch occasion

San Francisco
|
October 27-29, 2025



Source link

Leave a Comment