Key Notes
- Agility Robotics completed its Churchill XI merger on November 4, with Nasdaq confirming the AGLT stock symbol takes effect November 5.
- The Nvidia-backed robot maker reported about $1.8 million in 2025 revenue and a $138.1 million net loss, while expected gross capital from the deal and related financings was approximately $465 million.
- More than $300 million of Digit 5 orders spans multiple years and depends on contractual milestones, with early-access deliveries targeted for the first half of 2027.
Agility Robotics (NASDAQ: AGLT) is set to begin trading on Nasdaq on Thursday, bringing a Nvidia-backed humanoid robot maker to the U.S. stock market as investors weigh the commercial promise of machines built for factories and warehouses.
The Oregon company completed its merger with Churchill Capital Corp XI on November 4. Nasdaq’s corporate-action notice confirms that the stock’s new name and AGLT symbol take effect November 5.
Agility describes itself as the only American-listed company focused solely on humanoid robotics with established commercial deployments. Its Digit robots already perform work for industrial and logistics customers, but its financial disclosures show a business still at an early stage: 2025 revenue was about $1.8 million, against a $138.1 million net loss.
A Dedicated Humanoid Robotics Stock Reaches Nasdaq
Agility reached the exchange through a merger with an already listed special-purpose acquisition company, or SPAC, backed by dealmaker Michael Klein. The June agreement assigned Agility a $2.5 billion pre-money equity value. That is the transaction’s negotiated valuation before new capital, rather than a market capitalization established by Thursday’s trading.
In their October 30 update, the companies put expected gross capital from the merger and related financings at approximately $465 million before transaction expenses. Business Insider reported that the total includes $100 million already received.
Existing Agility shareholders are rolling their equity into the combined company. Their shares and those held by the Churchill sponsor face a 180-day selling restriction, with provisions for an earlier release tied to share-price performance.
The debut follows Unitree’s listing in Shanghai. Its later stock reversal has already shown how sharply public-market enthusiasm for humanoid robots can change after a much-anticipated launch.
Revenue Trails the Funding Ambition
Agility’s small revenue base leaves a substantial gap between today’s business and the scale implied by its deal valuation. Business Insider reported, citing the merger filings, that more than half of 2025 sales came from five robots purchased by one of Agility’s investors.
The company used $99.8 million in cash to run the business that year, according to the same report. About $38 million of the $138.1 million net loss reflected noncash employee stock awards, but substantial spending remained after those charges were excluded.
Its existing commercial deployments include GXO, Schaeffler and Toyota Motor Manufacturing Canada. Agility says its Oregon RoboFab facility is designed to produce up to 10,000 robots annually, a statement of intended manufacturing capacity rather than current annual output.
Nvidia Is an Investor and a Technology Partner
Nvidia (NASDAQ: NVDA) invested in Agility’s Series C through its NVentures arm, Agility disclosed in September 2025. The relationship also extends to the hardware and software used to develop and operate Digit.
On October 22, Agility announced that Digit 5 would standardize its onboard computing on Nvidia IGX Thor modules. That would make Nvidia the exclusive onboard-compute supplier for the robot’s general-availability version.
The companies are also working on safety. Agility plans to incorporate elements of Nvidia’s Halos platform into its human-detection system and participate in Nvidia’s inspection lab ahead of third-party certification. That work supports the broader physical AI strategy we previously covered, extending Nvidia’s technology into machines that interact with the world around them.
Digit 5 Puts Delivery Dates in Focus
Agility unveiled Digit 5 in September as a robot designed to work close to people and handle a wider range of industrial tasks. The planned capabilities include unloading and loading goods, tending machines, preparing parts and inspecting products.
The company has disclosed more than $300 million in committed multi-year orders for the new generation. Those orders depend on contractual milestones, product features and specifications; they are not revenue already earned. Fulfilling them requires Agility to deliver the promised machines and support them in customers’ facilities.
Early-access deliveries are targeted for the first half of 2027, with general availability planned for the end of the year. “There’s something to be said for being first,” Chief Executive Peggy Johnson told Business Insider.
