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Agility Robotics has moved one step closer to a Nasdaq listing after the Securities and Exchange Commission declared effective its joint Form S-4 registration statement with Churchill Capital Corp XI, the special purpose acquisition company taking the humanoid robotics company public.
Churchill XI has scheduled a shareholder vote for Nov. 2, 2026, to approve the proposed business combination and related matters. If approved and completed, the combined company is expected to operate as Agility and trade on Nasdaq under the ticker symbol AGLT.
According to Agility's Oct. 13 announcement, the deal is expected to generate more than $620 million in gross proceeds. That includes about $424 million of cash held in Churchill XI's trust account, assuming no redemptions, and about $200 million from a common-stock PIPE led by Foxconn.
Agility said it plans to use the proceeds to fulfill existing customer orders, expand commercial deployments, scale production of Digit 5, and continue investing across robotics, physical AI, software, safety systems, and manufacturing infrastructure.
The proposed listing would give public-market investors a direct way to gain exposure to a humanoid robotics company centered on commercial deployment rather than research-stage prototypes. Agility and Churchill XI said the combined company is expected to be the only U.S. publicly listed pure-play humanoid robotics company with proven, active commercial deployments.
Agility's Public-Market Pitch Centers on Digit 5
Agility's public-market story is built around Digit, its bipedal humanoid robot for warehouse, logistics, and manufacturing work. The company says earlier generations of Digit have accumulated more than 65,000 hours of real-world operation across customer environments, including deployments or agreements with Schaeffler, GXO, and Toyota Motor Manufacturing Canada.
Physical AI systems improve through exposure to real facilities, repetitive workflows, failure cases, and human-robot interaction patterns. Agility treats deployment data as part of the feedback loop for improving robot performance, reliability, safety, and new skills.
Digit 5, the company's next-generation platform, is central to that strategy. Agility said Digit 5 has more than $300 million in committed orders, subject to contractual milestones, product features, and specifications, with early-access customer availability targeted for early 2027.
The company previously described Digit 5 as a humanoid built for "cooperatively safe work at scale," with a 50-pound payload, faster charging, swappable grippers, and safety systems designed to help the robot work closer to people. Agility's earlier Digit 5 launch also positioned the robot for workflows including depalletizing, machine tending, kitting, sequencing, quality inspection, and outbound palletizing.
Manufacturing, Customers, and Deployment Targets
Agility is also pointing investors to the infrastructure behind Digit. The company's RoboFab facility in Salem, Oregon, is designed to produce up to 10,000 humanoid robots per year. In July 2026, Agility opened a hardware and physical AI development hub in Fremont, California, adding another site to support development and manufacturing scale-up.
The company said it currently has nine committed customer facility deployments and is targeting up to 25 by the end of 2027. Its commercial pipeline includes more than 30 potential customers in active discussions or its Customer Acceleration Program, with a target of about 100.
Those figures show the gap Agility is trying to close as it enters the public markets, moving from early commercial deployments and committed orders into broader recurring deployment across customer facilities. The company's Toyota Motor Manufacturing Canada agreement is structured as Robot-as-a-Service, or RaaS, which lets customers deploy robot labor as an operating service rather than buying and integrating every system outright.
Agility's investor base and partners include DCVC, NVIDIA, SoftBank Vision Fund 2, Schaeffler, Foxconn, Abico, and Playground Global. The company is also NVIDIA's launch partner for NVIDIA Halos, a full-stack safety system for physical AI and humanoid robotics.
Why the Listing Matters for Humanoid Robotics
A successful AGLT listing would give humanoid robotics a more visible public benchmark. Many robotics companies remain private, while larger public companies with robotics exposure often combine that work with broader cloud, semiconductor, automotive, or industrial businesses.
Agility's public-market debut would make deployment metrics, customer commitments, production targets, and safety progress easier for AI and robotics builders to track in a public-company context.
