Agility Robotics to Go Public via $2.5 Billion SPAC Merger Agility Robotics’ plan to go public through a multibillion‑dollar SPAC merger is emerging as a major test of investor appetite for humanoid robots just as the blank‑check market shows signs of revival.

Early growth and product deployment

Founded in 2015 as a spin‑out from Oregon State University, Agility Robotics has built its reputation around Digit, a bipedal humanoid designed for logistics and industrial work. The robot is already operating at nine customer sites, including major names such as Schaeffler, GXO, Toyota Motor Manufacturing Canada, and Mercado Libre, signaling early commercial traction rather than a purely speculative technology play.

The SPAC deal takes shape

On June 24, 2026, Agility announced it would go public by merging with Churchill Capital Corp XI, a special purpose acquisition company led by former Citigroup executive Michael Klein, in a deal valuing the startup at about $2.5 billion. The company expects the transaction to generate more than $620 million in proceeds, including roughly $200 million from new and existing institutional investors, to scale up production of its next‑generation Digit v5, fulfill existing orders, and expand its customer base.

The merger would make Agility the first humanoid‑focused company to list publicly in the United States, trading under the ticker AGLT. The deal structure includes $420 million in cash from Churchill XI and more than $200 million in a PIPE led by Foxconn, alongside existing backers such as DCVC, Nvidia, Amazon, and SoftBank.

How Agility and its backers frame the moment

Agility CEO Peggy Johnson argues that “humanoid robots are poised to become a critical driver of productivity, supply chain resilience, and American technology leadership,” positioning Digit as a tool to address labor shortages and integrate AI‑driven automation safely into operations. Cofounder and chief robot officer Jonathan Hurst calls the listing a chance to “be defining the humanoid industry,” emphasizing first‑mover advantage and the complementary financial expertise Churchill XI brings as SPACs regain attention in a thawing IPO market.

Behind those ambitions, Agility says it has already secured more than $300 million in multi‑year orders for Digit v5 and is in discussions with over 30 potential customers exploring large‑scale deployments, setting up Wall Street’s next test of long‑horizon robotics bets.

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