Parallel Systems

Overview

Develops autonomous battery-electric rail vehicles that help railroads shift freight from trucks, serve shorter low-density routes, complement existing operations, and reduce road traffic and pollution.

Part of the Los Angeles ecosystem

Related

• Arc BoatsBuilds electric marine vessels and recruits across engineering, product, manufacturing, quality, sales, defense, and other teams for roles at multiple levels.
• Mach IndustriesBuilds aerospace and defense systems, including vertical-takeoff attack drones, glide munitions, high-altitude platforms, and components for military strike, sensing, and communications missions.
• Machina LabsMachina Labs builds and operates AI-guided robotic factories that convert digital designs into precision-formed metal structures for aerospace, defense, automotive, hypersonics, and missile programs.
• 8VCBuilds and invests in technology companies, partnering with entrepreneurs to develop platforms addressing areas such as healthcare, zero-emission aircraft, privacy enforcement, and urban tunneling.
• Arbor EnergyArbor Energy builds baseload power systems that scale across projects and decades, supporting the industries driving the terawatt era. Modular from 100 MW to gigawatts.
• Ark ElectronicsDesigns and manufactures drone and robotics electronics, including flight controllers, sensors, GPS, power modules, and NDAA-compliant components for commercial, professional, and defense users.
• FreeformPrints high-temp metal aerospace parts at scale via large-format laser sintering. Founded by ex-SpaceX engineers in El Segundo.
• HadrianManufactures precision parts from prototype to production, offers dedicated manufacturing or inspection capacity, designs and operates factories, and manages procurement across vetted suppliers.
• NASA Jet Propulsion Laboratory (JPL)Builds robotic spacecraft and instruments to explore planets, study Earth from air and space, and search for new worlds and life beyond Earth.
• RE+ (Renewable Energy + Storage)Hosts a North American clean energy event connecting industry participants through education, networking, and business content across solar, storage, hydrogen, microgrids, EV charging, and wind.
• Volund ManufacturingBuilds attritable, low-cost turbine propulsion systems designed for repeatable, high-rate manufacturing and production at scale to support modern deterrence requirements.
• VuecasonMetal additive manufacturing — prints aerospace and defense metal components at production scale.

Timeline

1. Oct 2026Funding Roundpulse2.com ↗

   $100M growth round.