Ondas Holdings (ONDS) Deep Research Part 1: Physical AI Trinity — Neural Network, Autonomous Body & Dual Regulatory Moat
Ondas (ONDS) holds America's first FAA Type Certification for BVLOS autonomous drones and the sole AAR NGHE Gen4 rail comms standard — a dual regulatory moat rivals cannot replicate for years. Q1 2026: revenue +1,065% YoY, gross margin 49%, backlog $457M, cash $1.48B.