Agility Robotics goes public in $2.5B SPAC deal

A major SPAC and Foxconn led PIPE will inject capital to scale production of Digit robots. The funding could reshape commercial humanoid deployments. According to Reuters On June 24, 2026, Agility Robotics plans to go public through a merger with Churchill Capital XI, a SPAC company valuing the startup at approximately $2.5 billion. Here are the key details of the deal: Key terms of the deal Expected total proceeds of over $600 million, with $420 million in cash coming from Churchill XI and more than $200 million from a private PIPE placement led by Taiwanese investors led by Foxconn. The public company will trade under the ticker AGLT. The Oregon-based company makes commercially ready humanoid robots called Digit, according to the company’s website. Agility already has orders for a new version of Digit that is set to improve the precision of manipulating small objects and meet higher safety standards. It is expected that the combination of the investment and expanded production will broaden the order book and strengthen Agility Robotics’ position in the autonomous humanoid robot market.