In a watershed moment for the physical artificial intelligence and robotics industries, Agility Robotics and Churchill Capital Corp XI (Nasdaq: CCXI) announced that the U.S. Securities and Exchange Commission (SEC) declared their joint registration statement on Form S-4 effective on October 13, 2026.
Churchill XI has formally scheduled an extraordinary general meeting of shareholders for November 2, 2026, to vote on the business combination. Following expected closing in November 2026, the combined company will trade on the Nasdaq Stock Market under the ticker symbol AGLT, creating the first publicly listed pure-play humanoid robotics company in the United States with active, multi-year commercial deployments.
Over $620 Million in Capital to Scale Humanoid Manufacturing
The transaction values Agility Robotics at a $2.5 billion pre-money equity value and is projected to deliver more than $620 million in gross proceeds. This capital structure includes approximately $424 million in cash held in Churchill XI’s trust account (assuming no redemptions) and a fully committed $200 million common stock PIPE (Private Investment in Public Equity) led by electronics manufacturing giant Foxconn, alongside institutional backing from DCVC, NVIDIA, SoftBank Vision Fund 2, Schaeffler, and Playground Global.
Agility will allocate the net transaction proceeds directly toward fulfilling existing customer purchase orders, accelerating series production of its Digit 5 humanoid, and expanding its integrated platform spanning robotics, physical AI foundation models, and cloud orchestration software.
Commercial Validation: 65,000+ Real-World Hours and Enterprise Contracts
Unlike early-stage humanoid robotics ventures that remain confined to staged laboratory demonstrations, Agility enters public capital markets with operational field validation. Earlier generations of Digit have accumulated more than 65,000 hours of real-world operations across commercial customer facilities.
The company has established active commercial contracts and multi-site deployments with leading enterprise partners:
- GXO Logistics: Deploying Digit fleets for automated tote retrieval, staging, and conveyor line feeding.
- Schaeffler Group: Industrial manufacturing integration where Digit handles machine tending, internal material flow, and heavy sub-assembly logistics.
- Toyota Motor Manufacturing Canada (TMMC): Evaluating and integrating Digit into parts delivery and repetitive assembly station restocking.
Digit 5: Engineered for Cooperative Safety and 20-Hour Daily Uptime
The core driver of Agility’s commercial expansion is the Digit 5 platform (unveiled in our previous launch coverage), engineered specifically for continuous industrial duty cycles.
Key technical engineering attributes of Digit 5 include:
- Cooperative Safety Architecture: Sensor fusion combining wide-field cameras, Time-of-Flight (ToF) sensors, and an independent safety controller. Digit 5 dynamically detects human proximity and safely slows or adjusts motion, eliminating the requirement for isolation cages.
- 9-Minute Rapid Recharging: While operating for 90 minutes under continuous payload, Digit 5 autonomously docks and fully charges in just 9 minutes. This rapid cycle enables over 20 hours of productive work in a 24-hour shift.
- Heavy Industrial Payload: Standing 1.80 m (5’11”) and weighing 129 kg (284 lbs), Digit 5 features proprietary high-torque cycloidal leg actuators and handles a continuous payload capacity of 22.7 kg (50 lbs).
- Modular End-Effectors: Equipped with standard ISO mounting flanges on each wrist, allowing logistics operators to swap mechanical grippers, vacuum suction cups, and specialized tooling in minutes.
- B2B Procurement & RaaS Model: Rather than an off-the-shelf retail sale, Digit 5 is deployed through multi-year enterprise pilot contracts and structured Robots-as-a-Service (RaaS) subscription tiers, including turnkey facility integration, software updates, and maintenance support.
Scaling via RoboFab and the Agility Arc Cloud Platform
To fulfill customer order books without third-party assembly bottlenecks, Agility built RoboFab, a dedicated 6,500 m² (70,000 sq ft) manufacturing facility in Salem, Oregon. The plant is engineered to produce up to 10,000 humanoid robots per year at steady-state capacity.
At the software layer, robot operations are coordinated by Agility Arc, a cloud automation platform. Arc interfaces directly with existing Warehouse Management Systems (WMS) and Manufacturing Execution Systems (MES), enabling warehouse supervisors to dispatch routes, supervise battery levels, coordinate automatic charging rotations, and reassign tasks across facilities without manual intervention.
The Public Market Bellwether for Physical AI
The upcoming listing under the ticker AGLT on Nasdaq sets a critical milestone for the embodied AI sector. While competitors like Tesla continue internal factory testing (compare Digit 5 vs Tesla Optimus Gen 2) and Apptronik targets automotive manufacturing lines (compare Digit 5 vs Apptronik Apollo 2), Agility Robotics is opening its financial metrics, customer backlog, and unit economics to public scrutiny.
With confirmed customer purchase commitments and the formal shareholder vote scheduled for November 2, 2026, Agility is positioned to lead the industrial scaling of commercial bipedal automation. Detailed technical benchmarks, kinematics, and procurement criteria can be reviewed in our comprehensive Digit 5 Engineering Dossier and the SpecsLib Humanoid Directory.