* California - Lockheed Martin joins seven other Fortune Global 500 companies investing in Peloton and commercializing truck automation
-- Peloton Technology, a developer of vehicle systems that deliver advanced safety, fuel savings and analytics to trucking fleets, today announced an investment agreement with Lockheed Martin to accelerate Peloton’s development and deployment of truck-platooning technology for the U.S.A. and international trucking industries... The Peloton Truck Platooning System is a vehicle automation technology that has the potential to save lives and save fuel in today’s trucking operations. The System electronically couples pairs of trucks through a combination of vehicle-to-vehicle communications, radar-based active braking systems and proprietary vehicle-control algorithms. The system improves safety and allows trucks to travel at closer distances, which improves aerodynamics and reduces fuel use... Lockheed Martin joins a $17 million investment round co-led by DENSO International America and Intel Capital...
Mountain View , CAL, USA - Business Wire - August 31, 2015Labels: automated trucks, techno trucks
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