Agility Robotics closes SPAC merger with $1.8M in 2025 revenue

Agility closed its Churchill XI merger on November 4th, with $465M in expected gross capital and Nasdaq trading scheduled to begin November 5th.

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Primary source: Business Insider

Why it matters

Agility gives public investors the first US-listed pure-play humanoid company with audited financials, active deployments and a factory, creating a daily valuation reference for a sector dominated by private marks. Its $1.8 million in 2025 revenue against a $138.1 million loss shows how early commercial humanoids remain, while the conditional $300 million Digit 5 order will test whether deployments can turn into durable recurring revenue.

An Agility Robotics humanoid robot holds a cardboard box in a warehouse, with Agility Robotics, Riv and Nasdaq signs visible.

Agility Robotics, co-founded by chief robot officer Jonathan Hurst, completed its merger with Churchill Capital Corp XI on November 4th, 2026, and its shares were expected to begin trading on Nasdaq on November 5th under the ticker AGLT, according to Agility's closing announcement.…

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