Ondas Network and Siemens Mobility launched the Airlink family of radios including completion of our first joint development program for the 900 MHz railroad band.
3/N
$ONDS
Secured its first commercial 900 MHz Rail Order from Siemens Mobility for a major Class I Railroad for delivery by year-end.
4/n
$ONDS
Ondas received four additional product development orders from Siemens Mobility including one for the development of a new locomotive telemetry radio for a major Asian Rail customer.
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$ONDS First Class 1 Rail signed (there are seven). This is enormous.
They move as a group. This is a natural oligopoly (that's the good kind).
This is, IMHO, absolutely the beginning of the full network.
So...
/1
This is the start of the $225M initial build out.
This is how:
* 140,000 miles of freight rail track.
* A base station every 22 miles.
* That's 6,300 base stations (those towers near stations) to be served with the heavier duty Ondas FullMAX gear, yielding $90M.
...
2/n
* 40,000 waysides (the little huts near train stations). These would start with Ondas' "Venus," yielding $100M.
* 65,000 crossings (the DING DING DING arms) in U.S. About half are electrified. Those would probably take Ondas' Mercury. That's 32,500 crossings for $32.5M.
3/n
$DOCN Guided to over 30% revenue growth for 2022 as well; an early 2022 preview which is above consensus estimates.
$DOCN Q4 paid advertising is working to accelerate customer acquisitions.
$DOCN DOCN wasn’t supposed to able to do any of these things — revenue growth was supposed to be in 20’s, retention can’t rise in a company that serves SMBs, and certainly there is no way that a CapEx heavy company could deliver margins better than AWS.
but, but... companies that serve SMBs can't have a net dollar retention rater above 100%...
$DOCN 3/n
DOCN wasn't supposed to able to do any of these things -- revenue growth supposed to be in 20's, retention can't rise serving SMBs, no way CapEx heavy company could deliver margins better than AWS.