{"id":134353,"date":"2022-01-19T13:24:19","date_gmt":"2022-01-19T21:24:19","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/01\/spacex-veterans-aim-to-shake-up-freight-rail-with-electric-robotic-trains"},"modified":"2022-01-19T13:24:19","modified_gmt":"2022-01-19T21:24:19","slug":"spacex-veterans-aim-to-shake-up-freight-rail-with-electric-robotic-trains","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/01\/spacex-veterans-aim-to-shake-up-freight-rail-with-electric-robotic-trains","title":{"rendered":"SpaceX Veterans Aim To Shake Up Freight Rail With Electric, Robotic Trains"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/spacex-veterans-aim-to-shake-up-freight-rail-with-electric-robotic-trains2.jpg\"><\/a><\/p>\n<p>Mile-long, slow-moving diesel trains loaded with cargo chugging slowly across the U.S. could be a thing of the past one day if stealth startup Parallel Systems has its way. The Los Angeles company thinks the future of freight lies in autonomous battery-powered trains that squeeze far more capacity out of existing rail lines.<\/p>\n<p>Founded by a trio of former SpaceX engineers, including CEO Matt Soule, Parallel\u2019s idea for smaller, flexible zero-emission trains pulling no more than 50 cars and operating with greater frequency than traditional behemoths that haul over 150 boxcars at a time caught the attention of tech-oriented venture firms, including Anthos Capital, Congruent Ventures, Riot Ventures and Embark Ventures. With their backing and from other investors, Parallel just raised $49.6 million to refine prototypes and software for its futuristic trains and, eventually, shift more freight hauling from trucks.<\/p>\n<p>Full Story:<\/p>\n<hr>\n<p>L.A.-based Parallel Systems, which just raised $50 million, thinks it can squeeze far more capacity out of existing rail lines.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mile-long, slow-moving diesel trains loaded with cargo chugging slowly across the U.S. could be a thing of the past one day if stealth startup Parallel Systems has its way. The Los Angeles company thinks the future of freight lies in autonomous battery-powered trains that squeeze far more capacity out of existing rail lines. Founded by [\u2026]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,1491],"tags":[],"class_list":["post-134353","post","type-post","status-publish","format-standard","hentry","category-robotics-ai","category-transportation"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/134353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=134353"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/134353\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=134353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=134353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=134353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}