Agility Robotics, the Oregon maker of the Digit humanoid robot, is heading to public markets through a $2.5 billion merger with Churchill Capital Corp XI (NASDAQ: CCXI), the special purpose acquisition company run by financier Michael Klein. Announced on June 24, 2026, the deal is set to create the only U.S.-listed pure-play humanoid robotics company with active, paying commercial deployments.
A $2.5 billion path to the public markets
The business combination values Agility at a $2.5 billion pre-money equity value and is expected to deliver more than $620 million of gross proceeds. That figure includes $420 million held in Churchill XI's trust, assuming no redemptions, and roughly $200 million of incremental financing through a common stock PIPE priced at $10 per share and led by existing investor Foxconn. Once closed, the combined company will trade under the ticker symbol "AGLT." All existing Agility shareholders are rolling 100% of their equity into the new company and accepting a 180-day lockup.
Digit already working in real warehouses
Unlike many humanoid hopefuls still confined to demos, Agility says Digit is commercially deployed with enterprises including Schaeffler, GXO, Toyota Motor Manufacturing Canada and Mercado Libre. Across nine customer facilities, Digit has accumulated more than 65,000 hours of operation. The company is now preparing the commercial launch of Digit v5, designed to be the world's first "cooperatively safe" humanoid able to work directly alongside people, and has already secured over $300 million of multi-year Digit v5 orders against a pipeline of more than 30 customers.
Backed by NVIDIA, Amazon and Foxconn
Agility is supported by strategic investors and partners including DCVC, NVIDIA, Amazon, SoftBank Vision Fund 2, Schaeffler, Foxconn and Playground Global. It was named the launch partner for NVIDIA Halos, the chipmaker's full-stack safety system for physical AI, and also collaborates with Google DeepMind. CEO Peggy Johnson framed the listing as a bet on a roughly $1 trillion U.S. opportunity across manufacturing, distribution and logistics. The transaction is expected to close in 2026, subject to shareholder and regulatory approvals.
The move lands amid a wave of robotics public-market activity, from Unitree's STAR Market IPO approval and Seer Robotics' Hong Kong listing to UBTECH's humanoid mass-production push and Foxconn's own humanoid debut.
Reporting based on coverage from Business Wire, The Robot Report and TechFundingNews.