Parallel Systems, which is the world’s first autonomous battery-electric rail system, will launch the first commercial pilot in April after securing approval from the Federal Railroad Administration ...
Parallel Systems has raised $100 million in Series C funding to scale production and commercialization of its battery-electric autonomous freight rail technology. AVP led the round, with new investors ...
Parallel Systems closed a $100M Series C to scale production of its Panther autonomous rail vehicle and expand abroad. See ...
LOS ANGELES, April 14, 2025 /PRNewswire/ -- Parallel Systems, the world's first autonomous battery-electric rail system, will launch its first commercial pilot in April after securing approval from ...
The business of moving goods in the United States is dominated by trucks, which handle about two-thirds of the 20.2 billion tons of freight that's transported annually. Parallel Systems founder and ...
Second generation Parallel Systems autonomous-electric rail vehicle. Vehicle is designed to carry cargo containers that might otherwise by transported by trucks or traditional freight trains. No ...
Parallel Systems, Inc. announced that it has received $100 million in a round of funding led by new investor, Atlantic Vantage Point Capital SAS on October 7, 2026. The transaction also included ...
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