Agility, Maker of the Digit Humanoid Robot, Set to List on Nasdaq
Agility, the Salem, Oregon-based maker of the Digit humanoid robot, is expected to begin trading on Nasdaq on November 5, 2026, under the ticker AGLT, with its warrants trading as AGLTW. The listing comes through a business combination with Churchill Capital Corp XI, a special purpose acquisition company (SPAC), a shell vehicle that raises money from investors first and then merges with a private company. The combined company will operate as Agility. TechCrunch describes Agility as the first pure humanoid robot company on the stock market.
The transaction was first announced on June 24, 2026, as a $2.5 billion merger with Churchill Capital Corp XI, according to a Nasdaq press release. The public listing is set to bring $465 million in new capital from retail investors and private funding.
Agility was spun out of Oregon State University in 2015. Its chief executive is Peggy Johnson. The company says its Digit robot has 65,000 hours of real production experience, and it offers Arc, a cloud platform for running robot fleets.
Digit is deployed with nine customers, including Schaeffler, GXO, Toyota Motor Manufacturing Canada and Mercado Libre. At a GXO logistics facility, Digit robots have moved more than 100,000 totes. The robot picks up heavy loads and places them with 98% accuracy, according to TechCrunch.
The financial picture is far thinner than the deployment list. Agility earned $174,000 in revenue in the first six months of 2026, mostly from related parties, meaning companies tied to the company's own insiders. In the same period it lost $362 million. The forward pipeline sits in its next-generation platform. Agility has $300 million in planned contracts from 30 customers for Digit 5, a robot designed to operate safely around people rather than inside an isolated work cell. Prototypes will be shown at CES 2027, and the robot is to be made widely available at the end of 2027.
Early customer access is expensive. Prospective customers must spend $500,000 on an on-site proof of concept, a limited trial run at their own facility, and four customers had signed up for one in May 2026.
In my view, the central question for the listing is the gap between planned and recognized revenue. Planned contracts are not purchase orders, and a $500,000 proof-of-concept gate means the sales cycle is long and capital-intensive for the buyer as well as the vendor. A $362 million loss set against $174,000 in revenue will weigh on how investors read the company's burn rate, meaning how fast it spends cash, and its runway, meaning how long that cash lasts. The listing's $465 million has to carry the business through the period before Digit 5 reaches general availability.
The broader context here is that Agility's deployments are production work, not laboratory demonstrations. Moving tens of thousands of totes in a live logistics network, and placing heavy loads at 98% accuracy, are claims that can be checked against throughput and error data over time. If Digit 5 can work safely alongside people without the fencing and isolated cells that industrial robots have traditionally required, the economics of humanoid robots in warehouses and auto plants could shift from pilot programs to fleet-scale deployment. Whether that happens on the schedule Agility has set is the question the first trading sessions will not answer.
