Parallel's rail cars do not need a locomotive — they are individually powered. Parallel Systems, an electric rail vehicle maker founded by three SpaceX veterans, picked up nearly $50 million in Series ...

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 ...

NEW YORK and PALO ALTO, Calif., April 8, 2026 /PRNewswire/ -- Genpact (NYSE: G), an agentic and advanced technology solutions company recognized for its deep industry knowledge, process intelligence, ...

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 ...

A California startup co-founded by three former SpaceX engineers has emerged from stealth with a plan to build autonomous electric vehicles to haul freight by rail, and has raised a sizable pot of ...

Concurrent and parallel systems form the bedrock of modern computational infrastructures, enabling vast improvements in processing speed, efficiency and scalability. By orchestrating multiple ...