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The movement of movement of goods in the United States is dominated by the trucks, who handle about two thirds of the 20.2 billion tons of transport that is transported year. Parallel systems Found and CEO, CEe, do you want to modify that put a wide-in-electical modern and electrical system in the old century.
The company based an Angeles is the construction of the battery working with existing and integrate carriers with existing train control software. The soul system: the parallel system makes less expensive for the business to use rail – no truck – for short shipment.
Ferrini was traditionally undertilized because trains are typically food and dearly throwing cinticles at a moment, souls, soul exploded to technology. The businesses often turn to the trucks for transport distances.
Parallel systems developed a system that allows train cars to attack and detach autonomously. This means the companies can use parallel technology for a shipment dimensions and humans do not have to log in and disconnect the cars – a dangerous process. Parallel technology also also allows transport carriers to significantly faster than the existing, soul added trains.
“We are using a different physical architecture to carry out competitive economics to the small scale rather than a large scale”, soul said. “The vehicle itself compatible with rail infrastructure of existing and being demonstrated to the traders traded. We have not proposed to replace the traditional existing traits with this”.
Parallel was approved by the Federal February Administration to start the driver of technology. This program will allow the company to try their technical trains for an extension of 160 km between Savannah in Savannah, Georgia and Multiple Distribution Sites in the State Distribution.
Parallel also has recently reaped a $ 38 liber from LED by Capital Anthos with finishing participation, conguring, frog others. This brings total funding of parallel to more than $ 100 million. The Fresh capital will be put toward marketing with the company hopes to host his / her sign in early initial in 2026.
Sophie Bakalar, a partner in the bottom partner, utiled a tiny is not pleasant the bride of their consolitus, society was entered by a company in its existing card.
While the Collaborative Fund does not invest in this area, shipping and movement have a great deal of consumption, adding it is difficult to pass a good opportunity – even if off-these.
“I think this team is really situated to solve this problem,” Bakalar said. “I just don’t have a lot of people. I think it’s a tailoring a team. It’s a massive market and massive challenge and massive challenge.”
Soul does not have a railway background, specifically. However, has a regulated transport history. Has spent 20 years in Aerials, 13th of who they were in SpaceX.
“We are in constantly novely technology,” souli said. “I’ve been working on Olmi and is electronic
It is taught the company in 2020 and now, five years later, and parallel has builded up the technology and cressified on the Commerciancial.
While companies to change shipping and distribution and distributing strategies can be a Great feat, demicine for different solutions here, souole said. Added they had interested in the globe but planning to focus on the US and Australia now.
This news also comes as the United States fasten Limbo cariff. I am If the fees ends pass, Bakalar can install further questions as parallels that companies will be looked in anyway.
“This is like a general innovation in the top food and you don’t see many changes in the spare as aspew,” Soules said. “But this is hit on the points that matters.”
