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

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

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

techcrunch.com/2026/10/07/spacex-alumni-nab-100m-to-rethink-shipping-with-autonomous-freight-trains/