> Quick Answer: Agility Robotics is merging with Churchill Capital Corp XI via a SPAC deal valuing the company at approximately $620 million. A shareholder vote on November 2, 2026 will decide whether it lists on the NYSE under the ticker AGLT, which would make it the first pure-play humanoid robotics stock on any US exchange. Amazon is a backer and commercial customer. Digit 5 ships to early customers in early 2027. UK investors can access the stock through international brokers or via robotics ETFs.
Is Agility Robotics Going Public?
Yes, and the timeline is now very close. Agility Robotics has agreed a merger with Churchill Capital Corp XI (CCXI), a special purpose acquisition company, that would take it public on the New York Stock Exchange under the proposed ticker AGLT. If the deal is approved by shareholders, Agility Robotics would become something no other company currently is: the first and only pure-play humanoid robotics stock listed on a US exchange.
That distinction matters. There are plenty of ways to invest in robotics today through large diversified manufacturers or through exchange-traded funds, but there is no publicly traded company whose sole focus is building and selling humanoid robots. Agility Robotics, if the vote passes, would fill that gap.
The company has a longer history than many of its newer rivals. It was founded in 2015 as a spinout from Oregon State University, where researchers had been working on bipedal locomotion for years. That academic foundation gave it an early lead in the specific challenge of making robots walk naturally over uneven terrain, a capability that distinguishes its Digit robot from the wheeled or tracked alternatives that dominated industrial robotics before the humanoid wave.
You can read a full breakdown of Agility's products, team, and roadmap in our Agility Robotics manufacturer profile.
The SPAC Deal Explained
The structure of this deal is a SPAC merger rather than a conventional IPO, and it is worth understanding what that means before assessing the opportunity.
In a traditional IPO, a company files with the SEC, goes on a roadshow to drum up institutional investor interest, prices its shares, and then lists. The process is expensive, time-consuming, and subject to market conditions. In a SPAC merger, a shell company (the SPAC) raises money from investors first, lists on the exchange as a blank-cheque vehicle, and then hunts for a private company to merge with. The private company effectively backs into the public markets by merging with the SPAC, bypassing much of the traditional IPO machinery.
Churchill Capital Corp XI is the SPAC in this case. When CCXI merges with Agility Robotics, the combined entity will rename itself and trade as AGLT. The total deal values Agility at approximately $620 million.
SPAC deals have had a complicated reputation since their boom period in 2020 and 2021, when many blank-cheque vehicles merged with companies that subsequently saw sharp declines in their share prices. Investors in AGLT will want to weigh that context alongside the specific merits of the Agility Robotics business. The valuation of $620 million is not cheap for a company that has not yet shipped its current-generation product at volume, but it sits considerably below the private market valuations being assigned to some of its competitors.
The $200 Million Foxconn PIPE
Alongside the SPAC structure, the deal includes a $200 million PIPE, which stands for private investment in public equity. A PIPE allows institutional investors to purchase shares in the merged company at a negotiated price, providing additional capital that supplements whatever cash the SPAC itself holds.
The headline name behind this PIPE is Foxconn, the Taiwanese electronics manufacturing giant best known for assembling iPhones and a wide range of consumer electronics for global brands. Foxconn has been quietly building a significant position in the robotics and automation sector for several years. Its participation in the AGLT PIPE is notable for two reasons.
First, it provides a credibility signal. Foxconn operates some of the largest and most complex manufacturing facilities in the world. When it commits $200 million to a humanoid robotics company, it is not making a speculative venture bet: it is investing in something it believes it can deploy in its own operations.
Second, Foxconn's involvement points toward a potential customer relationship as well as an investment relationship. The humanoid robotics companies that are most likely to succeed commercially are those that can sign contracts with large-scale manufacturers who need flexible labour for assembly and logistics tasks. Foxconn, with its vast factory footprint, is exactly the kind of customer that could absorb significant robot deployments.
AGLT vs the Private Humanoid Companies
To understand what AGLT represents, it helps to look at the competitive landscape. The humanoid robotics sector has attracted extraordinary private capital over the past three years, but almost none of it is accessible to ordinary investors.
1X Technologies, the Norwegian-founded company backed by OpenAI, has raised over $100 million but remains entirely private with no listed stock. Figure AI, one of the most talked-about names in the sector, has raised approximately $675 million in private funding. Physical Intelligence, which focuses on general-purpose robot software rather than hardware, has pulled in around $400 million.
None of these companies has a public listing. For investors who believe humanoid robotics is a generational technology shift, the options have been limited to buying robotics ETFs, taking positions in large diversified manufacturers with robotics divisions, or waiting. AGLT, if it lists successfully, changes that calculation.
The comparison also illuminates the valuation question. Figure AI, which has not yet shipped a commercial product at volume, was valued at well over $2 billion in its most recent private round. Agility Robotics, which has commercial deployments already running and a clear near-term product in Digit 5, is entering the public market at $620 million. Whether that represents a discount or simply reflects the different risk profile of a public versus private valuation is something investors will need to judge for themselves.
For a broader view of where the top humanoid robots in 2026 sit competitively, including price and capability comparisons, our dedicated roundup covers the field in detail. The humanoid robot production milestone race article also tracks which companies are hitting volume commitments and which are still in pre-production.
Digit 5 and the Amazon Commercial Relationship
The commercial credibility of any robotics company ultimately comes down to its products and its customers. Agility Robotics has a stronger answer to both questions than many of its competitors.
The Digit robot is a bipedal humanoid designed specifically for logistics and warehouse environments. Unlike some humanoid robots that aim for a broad range of tasks, Digit has been optimised for the specific physical demands of moving packages and handling goods in spaces built for human workers: picking items from shelves, carrying totes between workstations, navigating through aisles, and working alongside human colleagues without requiring facility modifications.
Digit 5 is the current generation, representing a significant refinement over earlier versions in terms of reliability, battery life, and task performance. Early customer shipments are planned for early 2027, which means the first production units are not yet in customers' hands, but the product is past the prototype stage and into final pre-production validation.
The most important customer in the Agility story is Amazon. The e-commerce and logistics giant is both a financial backer of Agility Robotics and a committed commercial customer. Amazon has deployed Digit robots in its warehouse facilities, making it one of the few companies in the humanoid robotics sector that can point to a large-scale, real-world commercial deployment rather than controlled pilots.
That Amazon relationship serves two functions. It validates the product: if Digit were not performing reliably in Amazon's demanding warehouse environment, the commercial relationship would not have continued and expanded. It also provides a revenue floor. Amazon's scale means that even a relatively modest commitment to deploying Digit across a portion of its facilities represents a significant order book for Agility Robotics.
You can find detailed specifications and capability breakdowns for the Digit in our Digit robot database entry. For context on where Digit sits in the broader humanoid robot price landscape, our pricing guide covers the full range from research platforms to commercial deployments.
The November 2 Shareholder Vote
The shareholder vote is scheduled for November 2, 2026. CCXI shareholders will vote on whether to approve the merger with Agility Robotics. If the vote passes, the combined company will proceed with its NYSE listing under the AGLT ticker.
There are a few scenarios to watch. SPAC shareholders who do not wish to participate in the merged company have the right to redeem their shares at the SPAC's trust value, which is typically close to $10 per share. If a large proportion of shareholders choose redemption rather than holding into the merger, the amount of cash available to the combined company is reduced, though the PIPE and any other committed capital provide a cushion.
The vote outcome is not in significant doubt: SPAC mergers that reach the shareholder vote stage have the agreement of the target company's board and management, and the institutional holders who matter most have typically already signalled their support. The more relevant question for prospective investors is what the stock does in the period immediately following the listing. SPAC mergers have historically shown considerable volatility in the weeks after a deal closes, and AGLT is unlikely to be an exception.
Anyone tracking resale and secondary market values in the robotics sector can also consult our Robot Resale Index, which monitors pricing trends across deployed commercial robots.
What the Listing Means for UK Investors
UK investors face a practical barrier with AGLT: it will list on the NYSE, which is a US exchange. You cannot buy it directly through a standard ISA or SIPP without additional steps.
The most straightforward route is through an international dealing account with a broker that supports US market access. Interactive Brokers is the most widely used option for serious investors needing US market coverage. eToro and Freetrade both offer US stock trading to UK customers, though with different fee structures and account types. In each case, currency conversion from sterling to dollars will apply, and you should check whether your broker's US market access extends to smaller-cap stocks that may have lower trading volumes in the initial weeks after listing.
For investors who prefer not to hold individual US small-cap stocks, robotics ETFs offer an indirect route. Several ETFs that track the robotics and automation sector hold CCXI as part of their mandate for early-stage robotics exposure, and those same funds will typically hold AGLT after the merger closes. Check the constituent holdings of any robotics ETF before investing to confirm whether Agility Robotics is already included.
Tax treatment is another consideration. US dividends paid to UK investors are subject to US withholding tax, though Agility Robotics is not expected to pay dividends in the near term. Capital gains from US stocks held in a standard dealing account are subject to UK capital gains tax in the normal way.
The broader significance of an AGLT listing for the UK investment community is this: for the first time, it will be possible to buy and sell a pure-play humanoid robotics company on a public market. For investors who have been watching the sector develop and wondering when they would get a chance to participate, November 2, 2026 is the date that changes the picture.
Frequently Asked Questions
Is Agility Robotics publicly traded?
Not yet. Agility Robotics has agreed a SPAC merger with Churchill Capital Corp XI with a shareholder vote on November 2, 2026. If approved, it will list on the NYSE under the ticker AGLT, becoming the first pure-play humanoid robotics stock on a US exchange.
What is the AGLT stock ticker?
AGLT is the proposed NYSE ticker for Agility Robotics following its SPAC merger with Churchill Capital Corp XI. The listing is subject to shareholder approval on November 2, 2026.
Who backs Agility Robotics?
Agility Robotics is backed by Amazon, which is also a major commercial customer deploying Digit robots in its warehouse facilities. The SPAC deal includes a $200 million PIPE led by Foxconn.
What robot does Agility Robotics make?
Agility Robotics makes the Digit bipedal humanoid robot. Digit 5 is the current generation, designed for logistics and warehouse tasks. Early customer shipments are planned for early 2027.
Can UK investors buy Agility Robotics stock?
UK investors can access AGLT through international trading platforms that support US stocks (eToro, Interactive Brokers, Freetrade) once it lists. Indirect exposure is also available through robotics ETFs that hold CCXI or AGLT after the merger closes.