💨 Abstract

Parallel Systems, a Los Angeles-based startup, is developing battery-powered, autonomous freight technology for the railroad system. The technology aims to make rail transportation cost-effective for short-distance deliveries, addressing the underutilization of trains due to large and expensive locomotives. Parallel Systems' tech allows train cars to attach and detach autonomously, making it suitable for various delivery sizes and improving safety.

Courtesy: techcrunch.com

Summarized by Einstein Beta 🤖