# Matt Soule

> Matt Soule is the founder and CEO of Parallel Systems, a Los Angeles company building autonomous, battery-electric railcars that move freight in small, self-propelled platoons instead of behind diesel locomotives. A former SpaceX avionics leader who once ran a 300-person department, Soule started Parallel in 2020 to pull short-haul freight off congested highways and onto underused rail. The company has raised more than $91 million, secured a Federal Railroad Administration pilot near the Port of Savannah, and aims to convert a slice of the $700 billion U.S. trucking market to cleaner rail.

- **Role:** Founder and CEO at Parallel Systems
- **Organizations:** Parallel Systems, SpaceX, Northrop Grumman, Lockheed Martin, Moog
- **Nationality:** American
- **Education:** B.S. Electrical Engineering, Northwestern University, M.S. Electrical Engineering, University of Southern California
- **Known for:** Founded Parallel Systems and raised more than $91 million in venture funding, Led a 300-person avionics department at SpaceX, Secured Federal Railroad Administration approval for an autonomous freight pilot in Georgia

## Career timeline

- **pre-2007** — Engineering roles at Lockheed Martin, Moog, and Northrop Grumman, analyzing control loops and sensor performance for airborne laser weapon systems
- **2007-2020** — 13 years at SpaceX, rising to Head of Avionics and leading a 300-person department designing and testing space electronics
- **2020** — Founded Parallel Systems in Los Angeles with fellow former SpaceX engineers
- **2025-04** — Closed a $38M Series B led by Anthos Capital, bringing total funding past $90M
- **2026** — Running FRA-supervised commercial pilot with Genesee & Wyoming near the Port of Savannah; backlog of 300+ ordered railcars; Generation 3 vehicles in development

## Achievements

- Founded Parallel Systems and raised more than $91 million in venture funding
- Led a 300-person avionics department at SpaceX
- Secured Federal Railroad Administration approval for an autonomous freight pilot in Georgia
- Built autonomous, battery-electric railcars capable of moving roughly 160,000 pounds per platoon
- Accumulated a backlog of over 300 ordered autonomous railcars

## Latest updates

- **2025-04** — Raised a $38M Series B led by Anthos Capital to move from technology development into commercialization.
- **2026-06** — Running an FRA-supervised commercial pilot with Genesee & Wyoming near the Port of Savannah, with 300+ railcars on order and Generation 3 vehicles in development.

## Links

- Website: https://moveparallel.com
- LinkedIn: http://www.linkedin.com/in/msoule

---

Profile page: https://yespress.io/matt-soule
Published by YesPress — https://yespress.io
Last updated: 2026-07-01