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Agility Robotics merges with SPAC for $2.5B valuation

Agility Robotics will go public via a $2.5 billion SPAC merger with Churchill Capital Corp XI, generating over $620 million in gross proceeds — including $200 million from a Foxconn-led PIPE. Digit robots have logged 65,000+ operational hours across nine customer sites, and Agility has secured $300+ million in multi-year orders for Digit v5. The company operates RoboFab, a U.S.-based facility targeting 10,000 annual units, with 75% domestic component sourcing. Its next-gen platform is backed by Nvidia Halos and Google DeepMind partnerships.

Original source: roboticsandautomationnews.com

Agility Robotics merges with SPAC for $2.5B valuation
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Agility Robotics will go public via a $2.5 billion SPAC merger with Churchill Capital Corp XI, generating over $620 million in gross proceeds — including $200 million from a Foxconn-led PIPE. Digit robots have logged 65,000+ operational hours across nine customer sites, and Agility has secured $300+ million in multi-year orders for Digit v5. The company operates RoboFab, a U.S.-based facility targeting 10,000 annual units, with 75% domestic component sourcing. Its next-gen platform is backed by Nvidia Halos and Google DeepMind partnerships.

According to Robotics & Automation News, Agility Robotics has agreed to go public through a merger with Churchill Capital Corp XI, a special purpose acquisition company, in a transaction that values the Oregon-based humanoid robotics developer at a $2.5 billion pre-money equity value.

Deal structure and funding

The SPAC merger is expected to generate more than $620 million in gross proceeds. Of this, approximately $200 million will come from a private investment in public equity (PIPE) financing led by Foxconn, alongside existing and new institutional investors. The boards of both Agility Robotics and Churchill Capital Corp XI have unanimously approved the proposed transaction, which is expected to close later this year, subject to shareholder approval, regulatory review, and other customary closing conditions.

Commercial deployment and customer traction

Agility’s Digit humanoid robot is already deployed in commercial environments with customers including Schaeffler, GXO, Toyota Motor Manufacturing Canada, and Mercado Libre. According to the company, Digit has accumulated more than 65,000 hours of operation across nine customer facilities. Agility has also secured more than $300 million in multi-year orders for its next-generation Digit v5 robot — subject to contractual milestones — with a customer pipeline exceeding 30 companies.

Technology roadmap and infrastructure

The Digit v5 is designed to be the world’s first AI-enabled cooperatively safe humanoid robot, enabling reliable human–robot collaboration in shared industrial spaces. Its proprietary physical AI platform integrates perception, reasoning, and motion capabilities trained on data from real-world deployments. Peggy Johnson, CEO of Agility Robotics, said:

“Humanoid robots are a critical driver of American technology leadership and the future of global industry. With category-defining commercially deployed humanoid robots operating in real customer environments today, Agility is at the forefront of a new era where safety-first, AI-powered technology can reliably work alongside people to bridge labor shortages, increase productivity, and strengthen the resilience of our supply chains.”

The company highlighted its collaboration with Google DeepMind and Nvidia, which recently selected Agility as the launch partner for Nvidia Halos, a safety platform for physical AI and humanoid robotics. To scale production, Agility has established RoboFab, a manufacturing facility designed to produce up to 10,000 humanoid robots annually. Approximately 75 percent of Digit’s components are sourced within the United States. The combined company will operate as Agility and trade on a major North American stock exchange under the ticker symbol AGLT.

Strategic positioning and market opportunity

Jonathan Hurst, co-founder and chief robot officer of Agility Robotics, emphasized cooperative safety as foundational to scaled adoption:

“We set out to build robots capable of performing useful physical work in environments designed for people, and that mission has been central to Agility from day one. We believe cooperative safety is the critical unlock for scaled humanoid adoption, and our next generation Digit represents an important milestone toward a future where robots become trusted partners in the workplace.”

Management estimates the total addressable market for humanoid robots across U.S. manufacturing, distribution, and logistics environments at approximately $1 trillion. Agility’s cloud-based Agility Arc platform supports fleet management and deployment, complementing its hardware and AI stack. These developments align with broader industry momentum: A3’s Automate 2026 conference recently broke attendance records amid surging demand for robotics, AI, and automation solutions — particularly in logistics and warehouse settings.

Source: Robotics & Automation News

Compiled from international media by the SCI.AI editorial team.

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