Agility Robotics to go public in $2.5B SPAC merger

Agility Robotics, a leading developer of humanoid robots for warehouse and logistics work, announced plans on Wednesday, June 24, 2026, to become a publicly traded company through a merger with Churchill Capital Corp XI. The deal values the Salem, Oregon-based company at $2.5 billion and is expected to generate over $620 million in gross proceeds to fund its expansion.

The merger with the special-purpose acquisition company (SPAC) is slated to close later in 2026, pending shareholder and regulatory approvals. Upon completion, Agility will trade on a major North American exchange under the ticker symbol AGLT. The transaction includes more than $200 million in a private investment led by Taiwanese electronics manufacturer Foxconn, an existing investor.

Agility’s flagship product is Digit, a bipedal robot designed to perform repetitive manual tasks like moving totes and bins in warehouses and manufacturing facilities. The company reports that nearly 100 Digit robots are already commercially deployed with customers including Amazon, Toyota, industrial supplier Schaeffler, logistics firm GXO, and Latin American e-commerce giant Mercado Libre. According to the company, Digit has...