SpaceX alumni nab $100M to rethink shipping with autonomous freight trains

Tech TechCrunch By Tim De Chant 07 Oct 2026 15:00 1 min read
SpaceX alumni nab $100M to rethink shipping with autonomous freight trains

Parallel Systems raised $100 million to scale production of its autonomous electric rail vehicle, which can shuttle thousands of pounds of freight up to 500 miles.

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