News about Agility Robotics

Agility Robotics, a developer of humanoid robots for warehouses and manufacturing plants, will go public through a merger with the SPAC Churchill Capital Corp XI and trade on Nasdaq as AGLT from Nov. 5. It posted $1.8 million in revenue in 2025 but has a backlog of over $300 million, and targets 800 units deployed in 2027, 7,000 in 2030 and up to 25,000 in 2035. The article compares it with Lucid, which went public via a Churchill Capital SPAC, missed its delivery targets and now trades around $3.50, and Oklo, which fell to about $6 within 90 days before recovering to about $23 as its backlog swelled to 18 GW. The author suggests waiting for a few quarters of actual results before judging the stock.

Agility Robotics will standardize Digit 5's onboard compute on NVIDIA IGX Thor modules, making NVIDIA the exclusive onboard compute provider for the general availability version of the robot. The companies are also integrating NVIDIA Halos models into Agility's safe human detection system, and Agility will take part in the NVIDIA Halos AI Systems Inspection Lab before final third-party certification. Early access to Digit 5 is expected to begin in the first half of 2027, with availability increasing over the following six to nine months. Agility is also going public through a business combination with Churchill Capital Corp XI (Nasdaq: CCXI), expected to close in the fourth quarter of 2026 and trade on Nasdaq under the ticker AGLT.

Agility Robotics, maker of the Digit humanoid robot, is set to go public by merging with special-purpose acquisition company Churchill Capital Corp XI (CCXI), which expects to raise $620 million and implies a $2.5 billion valuation. The company lost $140 million last year on just $1.8 million in sales. Digit can lift up to 50 pounds, and customers include GXO Logistics, Toyota Motor and Schaeffler, with over $300 million in Digit 5 orders reportedly lined up. Its robotics-as-a-service model is estimated to generate roughly $400,000 to $500,000 in revenue per robot over a five-year lifespan. The article argues the valuation makes little fundamental sense against $300 million in orders, while acknowledging the long-term opportunity and warning the stock could be highly volatile.