Agility Robotics to Go Public via SPAC with $465 Million Capital Raise
Agility Robotics is set to become the first pure-play humanoid robot company on the stock market through a reverse merger involving a Special Purpose Acquisition Company (SPAC). The transaction aims to raise $465 million in new capital from retail and private investors. While the company reported only $174,000 in revenue for the first half of 2026 against a net loss of $362 million, it is banking on its next-generation 'Digit 5' robot to drive future growth. The company currently serves nine industrial customers, including Toyota and GXO, using its existing Digit models for repetitive manual tasks. Agility reports having $300 million in planned contracts for the upcoming Digit 5 model, which is designed to operate safely alongside humans. The new hardware is expected to be demonstrated at CES 2027 with wide availability slated for late 2027.
Topics: Humanoid Robots IPO Reverse Merger Robotics SPAC
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Part of the story Agility Robotics to Go Public via Churchill Capital Corp XI Merger on November 5 (4 articles)