Peloton Technology
Description
Peloton is a connected and automated vehicle technology company dedicated to improving the safety and efficiency of the $700 billion U.S. trucking industry and other global automotive markets. Peloton creates strong partnerships with customers to provide and manage innovative tools for saving fuel, avoiding accidents, and improving operational insight through the use of connectivity, automation and data analytics.
Peloton’s flagship two-truck platooning system, PlatoonPro, wirelessly links the active safety systems of pairs of trucks, allowing them to form an aerodynamic platoon to save fuel. The platooning system connects each truck to a cloud-based Network Operations Center that limits platooning to appropriate roads and conditions while providing safety-critical information to drivers and advanced analytics to fleets. Peloton's platooning system has demonstrated fuel savings of 10% on the follow truck and 4.5% on the lead truck in independent SAE J1321 Type II fuel consumption testing.
Based in Silicon Valley, Peloton is supported by investors including Volvo Group, DENSO International America, UPS, Nokia Growth Partners, Intel Capital, Magna, Lockheed Martin, Omnitracs, Castrol InnoVentures, Lytx, Sand Hill Angels, Birchmere Ventures and Band of Angels. For more information, please visit www.peloton-tech.com and follow us on Twitter @pelotontech.
