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Parallel develops autonomous, battery-electric rail vehicles to convert freight from truck to rail. Our technology enables railroads to serve new markets, decongest highways, and reduce shipping costs and pollution. We provide a safer, more efficient, and sustainable alternative to short-haul trucking, seamlessly integrating with existing rail operations and powering the future of freight.

Parallel Systems Questions

The Parallel Systems annual revenue was $8.2 million in 2026.

Matt Soule is the Founder and CEO of Parallel Systems.

43 people are employed at Parallel Systems.

Parallel Systems is based in Los Angeles, California.

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