Agility Robotics plans a $2.5B SPAC listing for humanoid warehouse robots

Business Insider reported that Agility Robotics plans to merge with Churchill Capital Corp XI in a SPAC deal valuing the company at about $2.5 billion. Agility makes Digit, a humanoid robot used for repetitive warehouse and industrial tasks. The deal is expected to bring in more than $600 million in gross proceeds, including $420 million from Churchill XI and more than $200 million in PIPE investment led by Foxconn. Agility says it will use the money to fulfill orders, expand deployments, and scale production of Digit v5. The company says Digit is already deployed at nine customer facilities, including Amazon, Toyota, and GXO, and is working with Nvidia on robot safety systems.

Key details: Published June 24, 2026 at 21:00 UTC, The SPAC deal values Agility at about $2.5 billion, Expected gross proceeds are more than $600 million, Agility says Digit is deployed at nine customer facilities.

Why it matters: Humanoid robotics is moving from demos to capital-market scrutiny; a public listing would give investors a clearer pure-play bet on physical AI deployment.