Trading in Agility Robotics began on November 5 under the ticker AGLT once the Churchill Capital Corp XI merger closed, and the listing makes it the first US-listed company whose sole business is humanoid robots.
Gross proceeds landed near $465M before fees. Foxconn led a $201M PIPE, the SPAC trust supplied $164M, and another $100M came in after the deal was announced.
Orders tell a real story, with more than $300M committed over multiple years. Every dollar of it names Digit 5.
A robot still waiting for volume
Digit 5 reaches general availability only at the end of 2027, so the backlog is a promise made against hardware nobody has yet bought at scale. Buying the stock is a bet on factory execution as much as on demand.
Current deployments are modest by comparison. Over 100,000 totes have been handled at GXO’s Georgia site, and two further US facilities arrive in early 2027. Customers include Schaeffler and Toyota Motor Manufacturing Canada, three unnamed manufacturers pay for programs, and AGCO runs a pilot in Kansas next year.
Nearly three years of deployments have produced what the company calls more than 65,000 hours of real-world data, a count it last refreshed several months ago. Over 30 prospects sit in the pipeline, with a target of 100 by the close of 2027.
Why public listings matter
Warehouse and factory labor at scale has been a decade-long promise from humanoid robotics, and the capital such hardware demands outlasted private patience. Listing early trades a venture bet for a quarterly obligation, with the backlog lending credibility to buyers while the ticker supplies a floor of scrutiny.
