Agility Robotics completes merger for Nasdaq listing

Agility Robotics has completed its merger with Churchill Capital Corp XI, clearing the way for the Digit humanoid developer to trade on Nasdaq under the ticker AGLT. The transaction closed on November 4, 2026, following shareholder approval two days earlier, according to Robotics and Automation News, with expected gross capital of approximately $465 million before transaction expenses.

The financing package announced on October 30 comprised approximately $164 million from Churchill XI’s trust account, $201 million from a private investment in public equity (PIPE) financing led by Foxconn, and $100 million in equity funding already received. The PIPE was committed at $10 per share, with existing and new institutional investors participating.

Agility says the capital will support higher production and wider commercial adoption of its humanoid robots. The combined business retains the Agility Robotics name, while existing Agility shareholders retain their equity subject to a 180 day lockup with certain early release provisions.

Commercial deployments and Digit 5 deliveries

The Agility Robotics merger puts public market financing behind a company with Digit robots already operating in commercial environments. Agility reports more than 65,000 hours of real world robot operation and a pipeline of more than 30 prospective customers. That pipeline is separate from its existing customer relationships.

GXO has expanded its agreement with Agility to introduce Digit at two additional US facilities, where operations are expected to begin in early 2027. Agricultural machinery manufacturer AGCO has also signed an agreement for a manufacturing pilot at its Hesston, Kansas, facility during 2027. Other commercial customers include Schaeffler and Toyota Motor Manufacturing Canada.

The next product test is Digit 5, unveiled in September 2026. Agility says the new humanoid is designed to work closer to people and handle a broader range of industrial tasks, including material handling and manufacturing operations.

Agility has announced more than $300 million in committed orders spanning multiple years for Digit 5. The company describes that figure as potential revenue over several years, dependent on contractual milestones and product specifications, rather than revenue already recognized. For assessing commercial scale, that distinction is more useful than treating the order total as current sales.

Agility’s RoboFab manufacturing facility is designed for annual capacity of up to 10,000 robots. The company also offers Agility Arc, its cloud platform for managing commercial robot fleets. Early access deliveries of Digit 5 are expected in the first half of 2027, with general availability targeted for the end of that year.

Source: Robotics & Automation News