
Transportation
Larry Page-Backed Pivotal Replaces CEO as Flying Car Company Expands
Larry Page-backed eVTOL company Pivotal replaces CEO Ken Karklin as it prepares new aircraft launches and expands operations.
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Larry Page-backed eVTOL company Pivotal replaces CEO Ken Karklin as it prepares new aircraft launches and expands operations.

Joby Aviation will acquire Resonant Sciences for about $500 million, adding a profitable defence business as it expands beyond electric air taxis.

Electric air taxis are preparing to launch in 26 U.S. states as aviation startups and regulators move closer to introducing eVTOL aircraft for short-distance urban travel.
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