Agility Robotics
Peggy Johnson
Data verified as of Sep 18, 2026
Summary
Agility Robotics is an Oregon State University spin-out founded in 2015 by Jonathan Hurst, Damion Shelton, and Mikhail Jones to commercialize dynamic bipedal walking. Its product is Digit, a humanoid built for warehouse and factory tote handling rather than general-purpose home work. Digit 4 is already on customer floors: Agility says it has logged more than 65,000 operating hours across nine sites, including GXO (more than 100,000 totes at Flowery Branch, Georgia), Schaeffler, Toyota Motor Manufacturing Canada, Amazon, and Mercado Libre. On June 24, 2026 it agreed to merge with Churchill Capital Corp XI at a $2.5 billion pre-money equity value, expecting more than $620 million of gross proceeds ($420 million Churchill trust assuming no redemptions, plus an about $200 million Foxconn-led PIPE) and a listing under ticker AGLT. The S-4 showed 2025 net sales of $1.8 million against a $140 million operating loss, about $100 million of 2025 cash burn, 393 employees at June 30, 2026, and a going-concern warning that existing cash was not enough for a year without the deal. More than $300 million of multi-year Digit 5 orders from one customer, for 1,000 robots over three years, are subject to milestones. Digit 5, unveiled September 15, 2026, is pitched as the first cooperatively safe industrial humanoid (50 lb payload, 90-minute runtime, 9-minute charge, NVIDIA Halos launch partner), with early access in H1 2027 and general availability by the end of 2027. An analyst and investor day is set for October 6, 2026. The SPAC still needs a shareholder vote, S-4 effectiveness, and a close.
Main Products
Current commercial humanoid for tote handling and material movement in warehouses and factories. Reverse-jointed legs, gripper end-effectors, and Agility Arc fleet software. Digit 4 is the machine behind the 65,000-hour and 100,000-tote claims.
In paid operation at nine customer sites including GXO, Schaeffler, Toyota Motor Manufacturing Canada, Amazon, and Mercado Libre. Digit 5 is intended to succeed it for new cooperative-safety deployments from 2027.
Next-generation industrial humanoid designed to work beside people without the cages Digit 4 still needs. New safety architecture (human detection, visual/auditory cues, independent motion controller), 50 lb payload, 5 foot 11 inch height, 7.2 foot reach, 90-minute runtime with a 9-minute charge, swappable ISO-flange end-effectors, and NVIDIA Halos / IGX Thor as the first Halos robotics launch partner.
Unveiled September 15, 2026. Early access targeted H1 2027; general availability by end of 2027, including planned CE-mark access for the EU and UK. More than $300 million of multi-year orders are signed subject to milestones.
What's Next
The deal is signed at $2.5 billion pre-money with more than $620 million of expected gross proceeds, but it still needs S-4 effectiveness, a Churchill shareholder vote, exchange listing approval, and a close before the documented year-end walk-away. Redemptions can shrink the cash. The S-4 going-concern note is why this is the near-term survival milestone, not just a listing trophy.
Operations & Revenue
Digit 4 is working at named sites including GXO, Schaeffler, Toyota Motor Manufacturing Canada, Amazon, and Mercado Libre. Digit 5 is not for sale yet (early access H1 2027). The Churchill XI merger is signed but not closed: S-4 filed, shareholder vote still ahead, analyst day October 6, 2026. Auditor going-concern language in the S-4 is explicit that the company needs the deal, or other new capital, to fund a year of operations.
Key Metrics
- Employees
- About 393 full-time (June 30, 2026, S-4)
- Est. Annual Revenue
- $1.8 million net sales in 2025 against a $140 million operating loss. 2026 commercial Digit 4 work is real but still tiny versus the $2.5 billion SPAC mark. The $300 million-plus Digit 5 order figure is contracted backlog subject to milestones, not current-period revenue.
Timeline
On June 24, 2026 Agility and Churchill XI announce a business combination at a $2.5 billion pre-money equity value, expecting more than $620 million of gross proceeds including an about $200 million Foxconn-led PIPE, with the combined company to list as AGLT. Existing Agility holders roll 100% of equity. Close is targeted in 2026, subject to a Churchill shareholder vote, S-4 effectiveness, and other conditions, with a December 31 walk-away date in the deal documents.
The S-4 filed around September 4, 2026 shows 2025 net sales of about $1.8 million against a $140 million operating loss, roughly $100 million of 2025 cash burn, 393 employees at June 30, 2026, $395.8 million of gross preferred equity through 2025, an extra $100 million of SAFEs in July 2026, and auditor language that existing cash is not enough for a year without the SPAC. More than $300 million of Digit 5 orders sit with one customer, for 1,000 robots over three years, subject to milestones.
On September 15, 2026 Agility unveils Digit 5, built for cooperatively safe work beside people: 50 lb payload, 5 foot 11 inches, 7.2 foot reach, 90-minute runtime with a 9-minute charge, swappable end-effectors, and NVIDIA Halos as the first robotics launch partner. Early access is targeted for the first half of 2027, general availability by the end of 2027, including a first commercial push into the EU and UK.
Funding
Cumulative disclosed raise · dated rounds
