Parallel Systems
Parallel Systems, based in Los Angeles, develops automated, battery-electric freight rail vehicles designed to shift freight from trucking to rail, offering a zero-emissions alternative with up to a 500-mile range.
Services
Parallel Systems enables railroads to serve new markets by converting freight from trucking to rail. The company specializes in building automated, battery-electric freight rail vehicles. Its technology allows railroads to expand service on rail corridors less than 1,000 miles, offering a zero-emissions option to move freight.
Products
Parallel Systems develops next-generation autonomous electric freight vehicles and systems. Their modular vehicle system enables short-haul and point-to-point rail movements. The battery-electric rail vehicles use just 25% of the energy compared to a semi-truck and have up to a 500-mile range. These vehicles are equipped with high-bandwidth hydraulic brake systems and a software platform that integrates with existing train control systems.
Funding and Grants
Parallel Systems has raised $49.55 million to build its autonomous battery-electric rail vehicles. In addition, the company received $4.5 million in ARPA-E grant funding from the Department of Energy to conduct advanced testing on their autonomous battery-electric rail vehicles.
Technology and Innovation
Parallel Systems focuses on building automated, battery-electric freight rail vehicles designed to move freight with zero emissions. Their platoons reduce waiting times at railroad crossings, and their vehicles are integrated with a software platform that works seamlessly with existing train control systems.
Headquarters
Parallel Systems operates from its headquarters located at 1245 Factory Place, Los Angeles, CA 90013.
