According to the Zhitong Financial APP, humanoid robotics company Agility Robotics is one step closer to going public—Churchill Capital Corp
XI (CCXI.US) has set November 2 as the date for voting on the SPAC transaction. Agility and Churchill
The boards of both XI (CCXI) have unanimously approved the proposed business combination. This humanoid robot manufacturer, valued at $2.5 billion prior to the new financing, will trade on Nasdaq under the ticker symbol AGLT.
Trade.
Agility was founded in 2015 out of Oregon State University's Dynamic Robotics Lab.
Laboratory, founded by Jonathan Hurst, Damion Shelton, and Mikhail Jones. An early bipedal research robot.
Cassie was introduced in 2017, paving the way for Digit, which launched in 2019.
Laid the foundation—the latter equipped with a torso, arms, sensors, and enhanced computing power. The company gradually shifted from motion control research to practical material handling in warehouses and factories. Formerly a Microsoft executive and former head of Magic
Peggy Johnson, CEO of Leap, became CEO of Agility in 2024 to drive commercialization and scaling.
“Humanoid robots are moving from 'technically possible' to 'practically feasible,' and our focus is on building the technology, customer relationships, and operational foundations needed for scalable deployment,” Johnson said earlier this month.
Business milestones include 2024 with GXO
The "Robotics as a Service" (RaaS) agreement signed by Logistics (GXO.US) enables customers to access robotics as a service rather than purchasing hardware outright. Agility's recent commercial deployments involve
GXO, Schaeffler, Toyota Motor Manufacturing Canada
Canada) and MercadoLibre (MELI.US), with deployment commitments at nine customer sites. In September this year, Agility released Digit
5—its next-generation humanoid robot, designed for scalable, collaborative, and safe operations. Digit 5 is built on over 6.5
With ten thousand hours of real-world operation and years of commercial deployment experience, enhanced by customer feedback and technological upgrades, it is designed to promote broader adoption in manufacturing, warehousing, and logistics.
Notable investors in Agility Robotics include Amazon (AMZN.US), NVIDIA (NVDA.US), and SoftBank Vision Fund 2.
Fund 2, DCVC, Playground Global, and Schaeffler.
In the emerging humanoid robotics market, particularly in industrial and warehouse automation, Agility Robotics will compete with Figure AI and Tesla's (TSLA.US) Optimus.
The project competes with Apptronik, Boston Dynamics, Ubtech Robotics, and 1X Technologies.