Parallel Systems, a Culver City, California-based company that aims to produce autonomous battery-electric rail vehicles, has received a $4.44 million grant from the U.S. Department of Energy’s Advanced Research Projects Agency-Energy initiative (ARPA-E).
Parallel, founded by former SpaceX engineers in 2020, will use the grant to fund a 29-month advanced testing program that will start in the second quarter of this year. The company says autonomous battery-electric rail vehicles could make...
https://www.freightwaves.com/news/parallel-systems-gets-4m-grant-from-doe