A California startup co-founded by three former SpaceX engineers has emerged from stealth with a plan to build autonomous electric vehicles to haul freight by rail, and has raised a sizable pot of ...

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 ...

Former SpaceX engineers are building self-driving, electric freight train cars, CNBC reported. The LA-based startup, Parallel Systems, raised $50 million in a Series A funding round. The system is ...

Test time and cost is taking a bite out of the wireless industry. LitePoint's IQxstream test system aims to change all that by exploiting a parallel architecture. The wireless industry is now ...