The Frontier Leaders · Parallel Systems

Parallel Systems

Los Angeles, California, United States · private · www.moveparallel.com

Parallel Systems builds Panther autonomous rail vehicles and integrated autonomy software for railroads transporting short-haul freight.

Robotics · watchlist · score 41

Latest signals

  • Parallel Systems raised $100 million to scale production of self-propelled Panther railcars.Interesting Engineering
  • Parallel Systems raised $100 million in a Series C funding round led by AVP.Webrazzi
  • Parallel Systems raised $100 million to scale production of its autonomous electric rail vehicle.TechCrunch
  • Parallel Systems closed more than $100 million in new funding.PR Newswire, all releases
  • Parallel Systems will accelerate production of its next-generation Panther autonomous rail vehicle.PR Newswire, all releases

6 signals name Parallel Systems. Members see all of them, filtered by topic, source and date.

Facts, with sources

  • Panther third-generation autonomous battery-electric rail vehicleProduct launch · prnewswire.com
  • USD 200000000Total funding · prnewswire.com
  • Series CFunding round · prnewswire.com
  • Strategic collaboration with Agility to develop, commercialise, finance and deploy autonomous rail freight systems across the GCC, EMEA and other international markets.Partnership · agility.com

8 facts on file. Members see all of them with the source link.

Scores, Robotics (of 10)

Deployment4
Production5
Commercials1
Progress6
Technology3
Positioning4
Firepower5
Leverage4

Traction: deployment, production, commercials, progress. Capability: technology, positioning, firepower, leverage.

Questions this page answers

What does Parallel Systems do?

Parallel Systems builds Panther autonomous rail vehicles and integrated autonomy software for railroads transporting short-haul freight.

Where does Parallel Systems rank in robotics?

Parallel Systems is on the Robotics watchlist list of Frontier Tech Intelligence with a score of 41 out of 100, below the Top 100.

Where is Parallel Systems based and when was it founded?

Parallel Systems is based in Los Angeles, California, United States. Stage: private.

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