Parallel Systems
Software · United Kingdom · 11-50 Employees
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Overview
Headquarters
2 Arlington Sq, Bracknell, Berkshire, RG...Phone Number
+44 1483591310Website
www.parallel-systems.co.ukRevenue
<$5 MillionIndustry
ZI Rank: 1
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About Parallel Systems
Parallel Systems Ltd is a company that operates in the Software industry. It employs 20to49 people and has 1Mto5M of revenue. The company is headquartered in Bracknell, Berkshire, United Kingdom.Explore more
Parallel Systems Org Chart
JW
Director, Human Resources
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Parallel Systems Tech Stack
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Parallel Systems News & Media
Parallel Systems: $38 Million (Series B) Closed For Autonomous Battery-Electric Rail ... - Pulse 2.0
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 (FRA) to deploy its railcars along a 160-mile stretch of two Georgia railroads. And the company has also closed its Series B funding round of $38 million, led by Anthos Capital, joined by Collaborative Fund, Congruent Ventures, Riot Ventures, and others. The company has raised about $100 millionParallel Systems is building autonomous electric rail for short-distance freight
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 CEO, Matt Soule, wants to change that by putting a modern autonomous and electric twist on the centuries-old railroad system. The Los Angeles-based company […]Parallel Systems tests autonomous rail vehicle technology
Parallel Systems recently gave a public demonstration of how its autonomous rail vehicle technology works. The post Parallel Systems tests autonomous rail vehicle technology appeared first on FreightWaves.The New Frontier In Electric Vehicles: Trains With Batteries Big Enough To Power Small Towns
Freight rail produces only a fraction of the greenhouse gas emissions of trucks but the industry is joining the shift to electrification to curb pollution and maintain a fuel-efficiency edge.
Read more news
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Parallel Systems Ltd is a company that operates in the Software industry. It employs 20to49 people and has 1Mto5M of revenue. The company is headquartered in Bracknell, Berkshire, United Kingdom.... Read More
