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Powering autonomous rail.
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Backed by: Congruent Ventures (on its portfolio ↗)
Parallel Systems develops autonomous, battery-electric rail vehicles designed to convert freight from truck to rail. Their technology enables railroads to serve new markets, decongest highways, and reduce shipping costs and pollution by providing a safer, more efficient, and sustainable alternative to short-haul trucking, seamlessly integrating with existing rail operations.
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Company facts
- HQ
- Los Angeles, CA, United States
- Founded
- 2020 · 6 yrs
- Website
- www.moveparallel.com
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