Matt Soule
Co-Founder & CEO
Toggle DescriptionPreviously Head of Avionics at SpaceX where he led a department of 300 people in the design and testing of space electronics
Team
Parallel Systems is a team of software and hardware engineers with experience reinventing established industries. Our heritage includes SpaceX, Google, Tesla, and more. We’re currently working with major railroad companies to deploy new technology, with venture backing. We’re hiring exceptional engineers who share our vision to create a cleaner, automated rail future.
Origin Story
A team of former SpaceX engineering leaders recognized an opportunity to decarbonize the freight industry, by increasing the utilization of today’s rail network. Parallel was founded by Matt Soule, Brian Ignaut, John Howard and Ben Stabler to reimagine the historic rail industry with innovative software and hardware.
“We founded Parallel to allow railroads to open new markets, increase infrastructure utilization, and improve service to accelerate freight decarbonization. Our business model is to give railroads the tools to convert some of the $700 billion U.S. trucking industry to rail. Parallel’s competitive edge is our autonomous battery-electric rail vehicles, which are designed to move freight cleaner, faster, safer and more cost effectively than traditional trains or trucks.”
Matt Soule, Co-founder and CEO, Parallel Systems
Our Executive Team
John Howard
Co-Founder & VP of Hardware
Toggle DescriptionPreviously Head of Batteries at SpaceX where he introduced lithium-ion to human spaceflight
Ben Stabler
Co-Founder & VP of Software
Toggle DescriptionPreviously Head of Avionics Software and lead engineer for motorized actuator electronics at SpaceX
Our Valued Investors
