Agility Robotics, a US humanoid robotics company founded in 2015, will go public through a SPAC merger with Churchill Capital Corp XI at an estimated $2.5 billion valuation. The deal is expected to raise over $600 million, including $420 million from Churchill Capital and over $200 million from PIPE investors led by Foxconn, the Taiwanese electronics giant [1, 2, 3, 4].
Known for its Digit humanoid robot, Agility Robotics has deployments with GXO, Amazon, and Toyota Motor Manufacturing Canada. Its Digit V4 model completed more than 100,000 successful box moves in real-world warehouse settings by the end of 2025. Development is underway on Digit V5, which is expected to finish this year with volume production planned for 2027 [2, 5, 6, 4, 7, 8]. Agility is collaborating with Nvidia to integrate its latest robots with Nvidia's AI-driven Halos safety framework and expanding its Robot-as-a-Service contract with Toyota's Canadian plant [5, 6, 4, 7, 8].
The company’s shareholders include Amazon, Nvidia, SoftBank, Sony, and Foxconn, alongside Taiwanese investors such as the Nenglü Group via Canon and Nenglü Asia. These Taiwanese investors contributed $10 million in 2025 and plan to invest roughly another $10 million as part of the SPAC [9, 5, 6, 4, 8]. Agility’s cofounder Jonathan Hurst visited Canon in Taiwan last September to strengthen cooperation on robot vision components [9, 6, 4, 7].
Churchill Capital Corp XI is led by seasoned SPAC veteran Michael Klein, who helped companies like Oklo and Inflection go public. Agility will trade on Nasdaq under the symbols AGLT or AGTL by September 2026 [3, 5, 7, 8].
While the SPAC transaction values Agility at around $2.5 billion, some secondary sources, particularly Chinese-language investment reports, suggest the market could value the company between $11 billion and $15 billion post-listing [1, 9, 5, 8]. Agility’s CEO Peggy Johnson said, "Humanoid robots are poised to become a critical driver of productivity, supply chain resilience, and American technology leadership," noting the company’s current commercial deployments help address labor shortages and improve efficiency [2]. Jonathan Hurst added, "We're hitting now as a first mover, which is really important, and we want to be defining the humanoid industry" [3].
Agility Robotics will begin public trading on Nasdaq no later than September 2026 as scheduled [9, 5, 6, 7, 8].