Agility Robotics becomes first US humanoid robot company to go public, despite making just $1.8 million last year

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What just happened? Agility Robotics, the company behind the Digit humanoid robot used in Amazon warehouses and elsewhere, will become the first humanoid-focused company to go public in the US this week. The Oregon company closed its merger with Churchill Capital Corp XI on Wednesday, with shares expected to start trading on Nasdaq tomorrow (November 5) under AGLT.

Agility is taking the SPAC route, merging with a listed shell company rather than pursuing a traditional IPO. Churchill is led by former Citigroup executive Michael Klein, whose previous deals include electric vehicle maker Lucid and nuclear power company Oklo.

While it's a growing industry, humanoid robots are still a comparatively small business in the tech world. Business Insider reportsthat Agility generated just $1.8 million in revenue during 2025 while posting a $138.1 million...

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