Agility Robotics to Go Public via $2.5 Billion SPAC Merger
Agility Robotics, developer of the humanoid robot Digit, announced a definitive merger with SPAC Churchill Capital Corp XI on June 24, 2026, valuing the company at $2.5 billion. The deal will provide over $620 million in gross proceeds, including $420 million from Churchill’s trust and $200 million from a PIPE led by Foxconn. The combined company will trade as AGLT on a North American exchange. Agility has over $300 million in multi-year orders and 65,000+ operational hours across nine customer facilities.
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Agility Robotics SPAC Deal Creates First US-Listed Humanoid Robotics Pure Play
Agility Robotics is going public through a merger with Churchill Capital Corp XI (NASDAQ: CCXI), creating the first US-listed pure-play humanoid robotics company valued at $2.5 billion. The company has secured over $300 million in multi-year orders for its Digit v5 bipedal robot, operating under a Robotics-as-a-Service model. The deal opens rare public market access to the humanoid AI sector, which analysts project could reach a $38 billion market by 2035. Competitors like Figure AI remain privately held at $39 billion valuations. The article highlights labor shortages and supply chain automation as key drivers for the sector's growth, with institutional investors viewing robotics as the next major infrastructure play.
Yahoo FinanceChurchill Capital Stock Surges On $2.5B Merger With Agility Robotics
Shares of Churchill Capital Corp XI (CCXI) surged following the announcement of a definitive business combination agreement with Agility Robotics, valuing the humanoid robotics company at a pre-money equity value of $2.5 billion. The merger is expected to provide over $620 million in gross proceeds, including $420 million from Churchill XI's trust and a $200 million PIPE led by Foxconn at $10 per share. Agility Robotics produces Digit, a humanoid robot for manufacturing and logistics, and has secured over $300 million in multi-year orders for its upcoming Digit v5. Strategic investors include Amazon, NVIDIA, and SoftBank Vision Fund 2. All existing Agility shareholders will roll equity and face a 180-day lock-up. The combined entity will list under the ticker 'AGLT' upon closing.
Yahoo FinanceAgility Robotics to merge with Churchill Capital Corp XI in $2.5bn deal
Agility Robotics, a US-based humanoid robotics company, has agreed to merge with Churchill Capital Corp XI, a SPAC, in a deal valuing the company at $2.5 billion pre-money. The combined entity will list as 'Agility' under ticker 'AGLT' on a major North American exchange. The transaction is expected to provide over $620 million in gross proceeds, including $420 million from Churchill's trust and $200 million from a PIPE led by Foxconn. Agility's main product, Digit, is deployed in manufacturing and logistics for customers like Toyota and Amazon. The company has secured over $300 million in multi-year orders for its next-generation Digit v5 robot. The merger is subject to shareholder and regulatory approvals and is expected to close in 2026.
Yahoo FinanceAgility Robotics CEO Announces First Pure-Play Humanoid Robot Company to Go Public via SPAC
Peggy Johnson, CEO of Agility Robotics, announced on CNBC that her company will go public through a SPAC merger with Churchill Capital Corp, positioning it as the first pure-play humanoid robotics company to enter public markets. Agility's humanoid robot, Digit, is already deployed in Amazon warehouses, operating 20 hours daily and lifting 50-pound loads. Johnson cites real-world deployments as a competitive moat, generating data to improve robot capabilities faster than rivals. Barclays projects the robotics market will reach $200 billion by 2035. Proceeds from the SPAC will accelerate customer engagements and expand into healthcare. The move fills a gap in public market exposure to general-purpose humanoids, joining listed firms like Intuitive Surgical, Symbotic, and Serve Robotics.
Yahoo FinanceAgility Robotics to go public via $2.5 billion SPAC merger, becoming first US humanoid robot company to list
Agility Robotics, developer of the humanoid robot Digit, announced plans to go public via a merger with Churchill Capital Corp XI SPAC, valuing the company at approximately $2.5 billion. The deal, led by former Citigroup executive Michael Klein, would make Agility the first humanoid-focused company to publicly list in the US. It is expected to generate over $600 million in gross proceeds, including $420 million from Churchill XI and over $200 million from a PIPE led by Foxconn, an existing investor. Other backers include Nvidia, Amazon, and SoftBank. The funds will be used to expand production of its next-generation Digit v5 robot, fulfill existing customer orders, and scale deployments. Agility has deployed Digit across nine facilities, including at Amazon, Toyota, and GXO. The company emphasizes safety and is working with Nvidia on the Halos safety system to enable robots to operate without physical barriers. The move comes as the humanoid robotics industry shifts toward commercial deployment, with Chinese firms like Unitree also preparing to go public.
All Content from Business InsiderAgility Robotics Plans to Go Public via SPAC in $2.5 Billion Deal
Agility Robotics, a humanoid robotics startup spun out of Oregon State University, announced plans to go public through a merger with special purpose acquisition company Churchill Capital Corp XI, valuing the company at approximately $2.5 billion. The transaction is expected to generate over $620 million in proceeds, including about $200 million from new and existing institutional investors. Agility is best known for its bipedal robot Digit, currently deployed across nine customer sites including Schaeffler, GXO, Toyota Motor Manufacturing Canada, and Mercado Libre. The company has backing from Amazon, Nvidia, SoftBank Vision Fund 2, and DCVC. Proceeds will be used to increase production of the next-generation Digit v5, fulfill existing orders, and expand customer base. Agility has secured over $300 million in multi-year orders and a pipeline of 30+ potential customers. The combined company expects to trade under the ticker AGLT on a North American stock exchange.
Yahoo FinanceAgility Robotics to Go Public via SPAC Merger in $2.5 Billion Deal
Agility Robotics, the Oregon State University-spun humanoid robotics startup known for its Digit robot, has announced plans to go public through a merger with special purpose acquisition company Churchill Capital Corp XI, valuing the company at approximately $2.5 billion. The transaction is expected to generate over $620 million in proceeds, including about $200 million from new and existing institutional investors backed by major tech firms such as Amazon, Nvidia, SoftBank Vision Fund 2, and DCVC. The company plans to use the capital to boost production of its next-generation Digit v5 robot, fulfill existing orders, and expand its customer base. Agility reports over $300 million in multi-year orders for the new model and a pipeline of 30-plus potential customers. The combined entity will trade under the ticker AGLT on a North American stock exchange.
Yahoo FinanceAgility Robotics to Go Public via $2.5 Billion SPAC Merger with Churchill Capital
Agility Robotics announced on June 24, 2026, that it will merge with Churchill Capital Corp XI in a SPAC deal valuing the humanoid robotics company at $2.5 billion. The transaction will take the company public on a major North American exchange under the ticker AGLT. Foxconn is leading a PIPE that, combined with $420 million in Churchill XI's trust account, is expected to bring total gross proceeds to over $620 million. All existing Agility shareholders will roll their equity into the combined company with a 180-day lockup. The company's flagship product, Digit, is a general-purpose humanoid robot deployed in manufacturing, distribution, and logistics. Agility has over 65,000 hours of operation across nine customer facilities, with backers including Amazon, Nvidia, SoftBank, and Foxconn. It has secured over $300 million in multi-year orders for the next-generation Digit v5. CEO Peggy Johnson highlighted that going public before rival firms will capture retail investor demand in the sector.
Yahoo FinanceAgility Robotics Goes Public via Churchill Capital SPAC Merger at $2.5 Billion Valuation
Agility Robotics, a developer of humanoid robots including the Digit model, announced a merger agreement with Churchill Capital Corp XI to go public on a major North American exchange under the ticker AGLT. The deal values the company at $2.5 billion. Foxconn is leading a PIPE investment, and combined with Churchill's trust account (assuming no redemptions), total gross proceeds are expected to exceed $620 million. Existing Agility shareholders will roll their equity and face a 180-day lockup. The transaction is subject to shareholder and SEC approval, expected to close in 2026. Agility's Digit robot has accumulated over 65,000 operational hours across nine customer facilities, with clients including Schaeffler, GXO, Toyota, and Mercado Libre. Backers include Amazon, Nvidia, SoftBank, and Foxconn. The company has secured over $300 million in multi-year orders for the next-generation Digit v5. Funds will be used for fulfillment, expansion, and scaling production at its Oregon facility designed for up to 10,000 annual units. Nvidia recently selected Agility for its Halos robot safety system. CEO Peggy Johnson highlighted the move positions Agility to capture retail investor demand for humanoid robotics.
Yahoo FinanceChurchill Capital Corp XI Surges After Announcing Agility Robotics Merger
Churchill Capital Corp XI (CCXI) shares jumped 14% on June 24, 2026, after announcing a definitive merger agreement with humanoid robotics developer Agility Robotics. The deal values Agility at a pre-money equity valuation of $2.5 billion and is expected to provide over $620 million in gross proceeds, including approximately $420 million from Churchill XI's trust account and $200 million from a PIPE financing led by Foxconn at $10 per share. The combined company will operate as Agility and trade under the ticker AGLT on a major North American exchange. Agility Robotics is known for its Digit humanoid robot, which has been deployed with customers including Schaeffler, GXO, Toyota Motor Manufacturing Canada, and Mercado Libre. The company has secured over $300 million in multi-year orders for its Digit v5 platform and has accumulated more than 65,000 hours of operational use. Agility's backers include DCVC, NVIDIA, Amazon, SoftBank Vision Fund 2, and Foxconn. The merger is subject to shareholder and regulatory approvals and is expected to close during 2026.
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