Former SpaceX engineer secretly lifts the startup of autonomous electric rail vehicles

Founded by three former SpaceX engineers to build a battery-powered autonomous rail vehicle, Parallel Systems exited stealth mode Wednesday with $ 49.55 million Series A funding. The company raised $ 53.15 million, including $ 3.6 million, and is working to build a more efficient decarbonised freight network that runs on existing rail infrastructure.  According to co-founder and CEO Matt, the funds will initiate an advanced testing program to build a second-generation vehicle for Parallel Systems and help startups understand how to integrate that vehicle into production operations. Used to Seoul ..  Parallel Systems will also hire approximately 60 engineers led by Anthos Capital using the new investments, including investments from Congrant Ventures, Riot Ventures, Embark Ventures and others, most of whom will manage the software. I am.  Startup Railcar Architecture aims to solve some problems: carbon emissions for freight traffic, supply chain bottlenecks for trucks and restrictions on rail freight. Rail networks account for 28% of total U.S. freight transportation, however, most of them are bulk-moving activities - large trains that move important resources such as coal and lumber.   A small part of the movement of freight by rail is called intermodal activity. It basically involves moving steel containers between different modes of transport such as boats and trucks.  "When it comes to intermodal, railways have many opportunities to grow and we focus on that because this is where we think we are willing to compete and innovate," said Soule. Growth. TechCrunch ..  Parallel's patent-pending vehicle architecture includes individually propelled rail vehicles capable of loading and transporting standard shipping containers such as one or two cargo piles. They can meet to form a "platoon" or split up at different destinations along the way. This means that you don't need to haul a lot of freight to make the service economical, but Seoul says it can actually carry much more weight than trucks, the most freight in the United States. Processes  "For the unit economy of a freight train to compete with a truck, it needs a very long train and the costs of its locomotive and crew are higher than those of a very long train," Soule said. He said. "It matters when you wonder where to park the big train. The answer is not many places."  Relying on long freight trains means it's hard for businesses to grow to handle all the wonders of e-commerce. These trains do not always have access to urban communities and ports. Soule says he needed a larger, purpose-built device to fit the physical size.  "The economy of our unit does not depend on very large trains," Soule said. “We can enter small platoons and enter and exit within an hour or two, not for the whole day for unloading and loading, leaving room for more platoons. An efficient footprint and things allow him to serve ports and build inland port shuttle systems to move containers from port to port. The inland port is a truck. A good place to visit and close to frequent warehouse activities. ,  In terms of autonomy, Parallel sees closed rail networks as an ideal operational design domain for the safe and early commercialization of autonomous technology with limited access to tracks and centralized control. While Parallel's long-term outlook looks promising, the company has yet to test it on its home network. We are testing an isolated vehicle prototype from the home network on a short railroad in Los Angeles.  As US railways are privately owned by owners and operators, it is difficult to parallel test vehicles and autonomous systems driving large-scale vehicles. Parallel caters to private railway companies as customers and sells or leases operational service equipment on a daily basis, providing a supporting role in terms of technology supply and integration. Unless the startup has a legacy rail partner, it may not be possible to see if the technology can handle actual operations.  According to Sule, early stage companies are just a few years away from developing potentially marketable technologies, but freight forwarders around the world above all want faster, cleaner goods. Because you have the opportunity to own this segment of the freight market.  The company's platoon technology involves self-propelled rail vehicles that push against each other to distribute the load, and the company estimates that this will lead to parallel vehicles that use only 25% more energy than semi-trailers.  “The fundamental reason we are doing this is to accelerate the decarbonisation of freight, but the problem we are seeing is that the scale of the rail business is in the market where it can serve. It's limited, ”Sol says.“ So, we're trying to embrace this energy efficiency, but at the same time we're trying to break down its operational and economic barriers. Well, we're electrifying the thrusters. The grill itself is not clean. Diesel trucks, look at average actual CO2 versus what we're building US grid material reduces CO2 per mile by 90% compared to today's diesel trucks moving load units with our technology. ,

Founded by three former SpaceX engineers to build a battery-powered autonomous rail vehicle, Parallel Systems exited stealth mode Wednesday with $ 49.55 million Series A funding. The company raised $ 53.15 million, including $ 3.6 million, and is working to build a more efficient decarbonised freight network that runs on existing rail infrastructure.

According to co-founder and CEO Matt, the funds will initiate an advanced testing program to build a second-generation vehicle for Parallel Systems and help startups understand how to integrate that vehicle into production operations. Used to Seoul ..

Parallel Systems will also hire approximately 60 engineers led by Anthos Capital using the new investments, including investments from Congrant Ventures, Riot Ventures, Embark Ventures and others, most of whom will manage the software. I am.

Startup Railcar Architecture aims to solve some problems: carbon emissions for freight traffic, supply chain bottlenecks for trucks and restrictions on rail freight. Rail networks account for 28% of total U.S. freight transportation, however, most of them are bulk-moving activities - large trains that move important resources such as coal and lumber. 

A small part of the movement of freight by rail is called intermodal activity. It basically involves moving steel containers between different modes of transport such as boats and trucks.

"When it comes to intermodal, railways have many opportunities to grow and we focus on that because this is where we think we are willing to compete and innovate," said Soule. Growth. TechCrunch ..

Parallel's patent-pending vehicle architecture includes individually propelled rail vehicles capable of loading and transporting standard shipping containers such as one or two cargo piles. They can meet to form a "platoon" or split up at different destinations along the way. This means that you don't need to haul a lot of freight to make the service economical, but Seoul says it can actually carry much more weight than trucks, the most freight in the United States. Processes

"For the unit economy of a freight train to compete with a truck, it needs a very long train and the costs of its locomotive and crew are higher than those of a very long train," Soule said. He said. "It matters when you wonder where to park the big train. The answer is not many places."

Relying on long freight trains means it's hard for businesses to grow to handle all the wonders of e-commerce. These trains do not always have access to urban communities and ports. Soule says he needed a larger, purpose-built device to fit the physical size.

"The economy of our unit does not depend on very large trains," Soule said. “We can enter small platoons and enter and exit within an hour or two, not for the whole day for unloading and loading, leaving room for more platoons. An efficient footprint and things allow him to serve ports and build inland port shuttle systems to move containers from port to port. The inland port is a truck. A good place to visit and close to frequent warehouse activities. ,

In terms of autonomy, Parallel sees closed rail networks as an ideal operational design domain for the safe and early commercialization of autonomous technology with limited access to tracks and centralized control. While Parallel's long-term outlook looks promising, the company has yet to test it on its home network. We are testing an isolated vehicle prototype from the home network on a short railroad in Los Angeles.

As US railways are privately owned by owners and operators, it is difficult to parallel test vehicles and autonomous systems driving large-scale vehicles. Parallel caters to private railway companies as customers and sells or leases operational service equipment on a daily basis, providing a supporting role in terms of technology supply and integration. Unless the startup has a legacy rail partner, it may not be possible to see if the technology can handle actual operations.

According to Sule, early stage companies are just a few years away from developing potentially marketable technologies, but freight forwarders around the world above all want faster, cleaner goods. Because you have the opportunity to own this segment of the freight market.

The company's platoon technology involves self-propelled rail vehicles that push against each other to distribute the load, and the company estimates that this will lead to parallel vehicles that use only 25% more energy than semi-trailers.

“The fundamental reason we are doing this is to accelerate the decarbonisation of freight, but the problem we are seeing is that the scale of the rail business is in the market where it can serve. It's limited, ”Sol says.“ So, we're trying to embrace this energy efficiency, but at the same time we're trying to break down its operational and economic barriers. Well, we're electrifying the thrusters. The grill itself is not clean. Diesel trucks, look at average actual CO2 versus what we're building US grid material reduces CO2 per mile by 90% compared to today's diesel trucks moving load units with our technology. ,

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