Agility Robotics (NASDAQ: AGLT) began trading on the Nasdaq on November 5 after completing a $465 million special‑purpose acquisition company (SPAC) merger with Churchill Capital Corp XI, making it the first U.S.‑based pure‑play humanoid robot company to go public, according to Cryptopolitan.

Deal structure and financing

The reverse merger valued Agility at a pre‑money equity of $2.5 billion. The transaction brought $164 million from the SPAC trust and an additional $201 million from a private placement led by Foxconn, according to the filing. No insiders sold shares during the process, and existing shareholders rolled their equity into the new public entity.

Backers and technology roadmap

Agility’s investor base includes Nvidia, Amazon, SoftBank and Foxconn. The company said it will use Nvidia’s IGX Thor platform to power its upcoming Digit 5 robot, a move that aligns with its strategy to standardize onboard computing for future models.

Operations, revenue and order book

Agility reported $1.8 million in revenue for 2025 and projects an operating loss of $138 million‑$140 million for 2026. Despite the losses, the firm highlighted a robust order book, noting that its flagship Digit robot has accumulated more than 65,000 operating hours at customers such as GXO, Schaeffler, Toyota and Amazon. The newly unveiled Digit 5 is said to carry over $300 million in multi‑year committed orders, subject to contractual milestones.

Production plans and timeline

CEO Peggy Johnson emphasized that the listing is intended to fund scaling at the company’s 70,000‑square‑foot RoboFab plant in Salem, Oregon, which is designed for a capacity of up to 10,000 robots per year. Early customer access to Digit 5 is expected in the first half of 2027, with broader availability targeted for the end of that year.

What to watch next

Investors and industry observers will monitor Agility’s first quarterly earnings to gauge how quickly the company can convert its order backlog into revenue. Additional focus will be on the rollout of Digit 5, the performance of the Salem production line, and any further strategic partnerships that could expand the firm’s presence in logistics and manufacturing.