Agility becomes the first public traded Humanoid manufacturer on the Nasdaq

Key takeaways

• Agility's Nasdaq debut follows a merger with Churchill Capital Corp XI, with related financing bringing gross capital to about $465M before expenses.
• The company reports more than $300M in Digit 5 orders, conditional on contractual requirements rather than already recognised sales.
• US humanoid developers are attracting substantial funding, with Figure and Apptronik expa

• nding industrial programmes alongside Agility.

Humanoid robotics company Agility Robotics began trading on Nasdaq as AGLT on 5 November, following a merger and related financing that raised about $465M before expenses.

The transaction with Churchill Ca

pital Corp XI closed on 4 November. Agility describes itself as the first US-listed business focused solely on humanoids with robots already working commercially.

What the humanoid robotic

s deal covers

This was a merger with a special purpose acquisition company, or SPAC, rather than a conventional initial public offering. Agility combined with an existing listed vehicle to enter the public market.

Its common shares trade as AGLT, while warrants use AGLTW. The original transaction announcement assigned Agility a $2.5B equity valuation before the new investment. That figure is not the amount raised or a live market valuation.

The approximately $465M total includes private investment led by Foxconn and $100M in equity funding received before completion. The company intends to spend the money on delivering customer orders and increasing production.

The company behind Digit

Founded in 2015, Agility grew out of robotics research at Oregon State University. It is now headquartered in Salem, Oregon, and develops Digit to move goods through workplaces designed around people.

Digit walks on two legs and uses its arms to handle loads. Its industrial focus differs from robots marketed primarily for household assistance. Agility also supplies Arc, software that coordinates robot fleets and connects them with customer operations.

The company reports more than 65,000 operating hours and almost three years of deployment experience. Those figures describe accumulated use, not the size of its installed fleet.

At GXO's Georgia operation, Digit has handled more than 100,000 totes, according to Agility. The relationship is expanding to two further US logistics sites, with work expected to start early in 2027.

Toyota Motor Manufacturing Canada and Schaeffler are also named customers. Those deployments should not all be counted as US installations. Agricultural equipment maker AGCO has separately agreed to a pilot in Hesston, Kansas, starting in 2027.

Peggy Johnson on the listing

Peggy Johnson, Agility Robotics' chief executive, joined the company in March 2024. She previously ran Magic Leap and spent six years leading business development as an executive vice president at Microsoft.

Peggy Johnson, Credit: Agility

Johnson said, “Today marks an important milestone for Agility, but the bigger story is what it means for the future of work.”

She said, “Digit is doing real work in customer operations today, taking on repetitive, physically demanding tasks.”

Digit 5 is the next delivery

target

Agility unveiled Digit 5 in September 2026. It reports more than $300M in orders spanning multiple years, but these depend on agreed milestones and product specifications. They are not equivalent to booked revenue.

The next model is designed to lift loads up to 50 pounds repeatedly, approximately 23kg. Swappa

ble end effectors are intended to broaden the tasks it can perform.

Safety is another development priority. Agility says Digit 5 is being designed for work closer to people, with NVIDIA computing and safety technology supporting the platform.

Customer access is scheduled to begin during the first six months of 2027. Wider availability is targeted for that year's end. Both dates remain company plans rather than completed deliv

eries.

The US humanoid robotics market

Agility joins the public market while other US developers continue raising private capital. Funding announcements show the scale of investment, although they do not measure sa

les or market share.

In September 2025, Figure announced more than $1B in Series C commitments at a $39B valuation after financing. Its ro

bots have worked at BMW's Spartanburg plant in South Carolina.

Figure reported in November 2025 that its Figure 02 deployment recorded more than 1,250 operating hours and helped produce more than 30,000 vehicles. The task involved placing sheet-metal components for subsequent manufacturing work.

Austin-based Apptronik announced a $520M funding extension in February 2026. That took its Series A financing beyond $

93

5M. It is developing Apollo for industrial work, with partners including Mercedes-Benz and Jabil.

Boston Dynamics is another US-based developer, although Hyundai Motor Group owns it. Hyundai's January 2026 strategy set out plans to introduce Atlas at its Georgia manufacturing operation from 2028, initially for parts sequencing.

These programmes put factories and logistics sites at the centre of early commercial humanoid robotics. Their reported results cover different jobs, so operating hours alone do not establish whi

ch machine performs best.

What comes next

Agility designed its Oregon RoboFab factory around a ceiling of 10,000 robots per year. That is planned capacity, not evidence it currently ships that many.

The next checkpoints are the additional GXO deployments and Digit 5 custom

er access. The listing announcement does not specify annual unit deliveries or how much of the conditional order book will become revenue during 2027.