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Agility Robotics Lists on Nasdaq as America's First Pure-Play Humanoid Robot Company

Manufacturing Dive
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Agility Robotics Lists on Nasdaq as America's First Pure-Play Humanoid Robot Company

Agility Robotics hit the public markets on November 5, 2026, when its shares began trading on Nasdaq under the ticker AGLT, completing a $2.5 billion merger with special-purpose acquisition company Churchill Capital Corp XI. The deal makes Agility the first pure-play humanoid robotics company to list on a major U.S. exchange — a milestone the industry has been building toward for years.

The combined company raised approximately $465 million in connection with the listing: $164 million from Churchill XI's trust account, $201 million through a private investment in public equity led by Foxconn at $10 per share, and $100 million in equity funding committed after the deal was announced in June. Agility enters the public markets with minimal debt, the company said.

Agility's flagship product is Digit, a bipedal humanoid robot roughly 1.75 metres tall, purpose-built for the kind of repetitive physical work that warehouses and factories struggle to staff. The robot has been deployed across nine commercial facilities, with customers including GXO Logistics, Agco, Toyota Motor Manufacturing Canada, and Schaeffler. The company reports Digit has moved over 100,000 totes at GXO's warehouses and says it has received more than $300 million in multi-year orders for Digit v5, the next-generation model it introduced in September as the first cooperatively safe humanoid — meaning it can work alongside people without safety cages. Digit v5 is expected to become commercially available in 2027.

Agility's backers include Amazon's Industrial Innovation Fund, Nvidia, SoftBank Vision Fund 2, and Foxconn, which led the PIPE. CEO Peggy Johnson said the company is targeting 100 customers and 25 active deployments by the end of 2027, and noted it is in early discussions on two defense-sector contracts.

The listing arrives at an inflection point for industrial humanoids. Competing startups — including Figure AI, 1X Technologies, and Apptronik — have raised billions in private capital but remain unlisted. Agility's debut opens the category to public market investors for the first time, and analysts expect the IPO to pressure rivals to accelerate their own paths to market. The broader humanoid robot market is projected to reach $38 billion by 2035, driven largely by demand in logistics, manufacturing, and defense.

As reported by Manufacturing Dive and Assembly Magazine, Churchill XI shareholders approved the business combination on November 2 with more than 84% of votes in favor.

Originally reported by Manufacturing Dive. Read the original article for additional details.

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