Agility Robotics will be listed on Nasdaq
Humanoid robot developer plans stock market debut via merger with Churchill Capital Corp XI
Quick Look
- Agility Robotics is set to merge with Churchill Capital Corp XI and be listed on Nasdaq under the ticker symbol AGLT.
- The company's value was determined to be approximately $2.5 billion.
- Last year, its revenue was $1.8 million and its net loss was $138.1 million.
AI-generated summary
Why It Matters
Agility Robotics is a company developing the humanoid robot Digit. Digit robots are currently operating at 9 sites from Amazon, Toyota and GXO. The company is merging with Churchill Capital Corp XI to list on Nasdaq under the ticker symbol AGLT.
Agility Robotics, developer of the humanoid robot Digit, is preparing to list on Nasdaq under the ticker symbol AGLT. Moreover, the company will be the first publicly traded company in the United States to focus on humanoid robots. But the difference between the stock market value and the financial statement is quite large.
Agility Robotics enters the stock market through merger
Agility Robotics is entering the stock market by merging with Churchill Capital Corp XI. Churchill is an investment structure established to merge with a private company and offer its shares to the public. Accordingly, the deal values Agility's existing share capital at approximately $2.5 billion.
The company plans to raise $465 million before deducting expenses. However, $100 million of this amount had already entered the safe.
Agility Robotics has small revenue, big losses
Agility's revenue last year was $1.8 million, according to documents filed with the U.S. Securities and Exchange Commission (SEC). On the other hand, Business Insider reports the net loss as 138.1 million dollars. Besides this, the company spent $99.8 million in 2025 to run its business.
More than half of the revenue came from a single source: One of Agility's investors purchased 5 robots. Moreover, the direct loss from sales is 2.7 million dollars. This figure does not include research and other expenses.
Approximately 38 million dollars of the total loss was not a cash outflow, but rather payments made to employees in the form of shares. However, the company writes in SEC filings that it expects losses and operating expenses to increase in the foreseeable future.
Order for Digit 5 and 1000 robots
Digit robots are currently operating at 9 customers' sites. These customers include, for example, Amazon, Toyota and logistics company GXO. On the other hand, the company's next growth move is the Digit 5 model. It was designed to work without the protective barriers that previous versions required.
The documents include an order from a single customer for more than 1,000 robots worth more than $300 million. Additionally, payment must be made within three years. However, completing the order depends on adhering to the delivery schedule and delivering the robots with the promised features.
According to analysts, having robots working in the field distinguishes Agility from many of its competitors. Still, the current scale of use is small.
Investors and competitors
Agility's investors include Amazon, Foxconn, Nvidia, SoftBank and venture capital firm DCVC. However, its valuation of approximately $2.5 billion is lower than some of its private competitors such as Figure AI, Apptronik and Neura Robotics.
Thus, the IPO gives the opportunity for the first time to evaluate the humanoid robot manufacturer not by demonstrations and promises, but by revenue, losses, expenses and actual deliveries. Finally, Agility aims to start Digit 5 deliveries in the first half of 2027 and open the model to a wide customer base by the end of the year.
What to Watch
AI outlook — possibilities, not facts
Agility Robotics will begin Digit 5 deliveries in the first half of 2027
Likely · Within months
The company's future losses and operating expenses will increase
Likely · Short term
Open Questions
- When will the exact date of the stock market entry be?
- Who is the customer who ordered 1000 robots?
- What are the exact price and technical specifications of the Digit 5 model?
- What will the company's cash situation and cash flow be like in the next month?


