Culver City, Calif.-based Parallel Systems has been awarded a $4.4 million U.S. Department of Energy (DOE) grant to test its autonomous, battery-electric-powered railcar technology. DOE is ...
Parallel Systems is preparing to test its autonomous-railcar technology in the Peach State after raising $38 million in growth capital, as the startup aims to give railroads the means to take business ...
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 ...