Larry Page’s flying car company Pivotal loses its CEO

TechNews newsroom brief · 2h ago · 1 min read · via techcrunch.com

The company told TechCrunch he is "pursuing new endeavors."

The sudden departure of Pivotal's CEO is a development worth watching, especially given the company's connection to Larry Page, co-founder of Google, and its focus on innovative transportation solutions. Pivotal, which was acquired by Page's investment firm in 2017, has been working on a flying car project, aiming to revolutionize urban mobility.

The loss of a CEO can be a significant blow to any company, particularly one working on cutting-edge technology like flying cars. The industry is highly competitive, and such leadership changes can impact the company's ability to secure funding, attract talent, and navigate regulatory hurdles. As the company searches for a new CEO, it's unclear how this transition will affect Pivotal's project timeline and overall strategy.

What's next to watch is how Pivotal's leadership change affects its relationship with investors and partners, as well as its progress on developing a commercially viable flying car. The company will need to demonstrate that it can overcome this leadership challenge and continue to make progress on its ambitious project. The broader industry is also worth keeping an eye on, as advancements in electric vertical takeoff and landing (eVTOL) technology could have significant implications for urban transportation in the years to come.

Originally reported by techcrunch.com. TechNews adds analysis for technology readers.

Originally reported by techcrunch.com. TechNews curates and briefs the technology stories that matter. Our editorial policy →
Get the daily tech signal:

More from TechNews

Across the eCorp newsroom network

Part of the eCorp network