Agility Robotics lists on Nasdaq as the first US humanoid IPO, valued at $2.5 billion
From the Robots digest for Nov 5, 2026
Sources BigGo Finance The Oregonian The AI Insider
What happened: Agility Robotics began trading on Nasdaq on November 5 under the ticker AGLT, becoming the first humanoid-robot maker listed in the United States. The Oregon company's merger with the blank-check vehicle Churchill Capital Corp. XI completed November 4, valuing its existing equity at roughly $2.5 billion and delivering about $465 million in gross proceeds, including $100 million already in hand.
What's genuinely new: The listing turns the company's merger filings into the first liquid benchmark for a pure-play humanoid maker — and the numbers show how early the business is. Agility booked $1.8 million of 2025 revenue against a $138.1 million net loss and $99.8 million of cash burn, with more than half the revenue from five robots bought by a single investor; Digit works in nine customer facilities including Amazon, Toyota and GXO, and a single customer has committed more than $300 million for 1,000 units payable as a three-year usage arrangement. Digit 5 first deliveries are targeted for the first half of 2027, with general availability by the end of that year, on a ramp sketched to 800 units in 2027 and 25,000 by 2035. Analysts note shipping-hardware humanoids are valued far below private peers betting on the future — Figure AI around $39 billion, Unitree roughly $38 billion — while the July FCC ban on new foreign-made advanced robotic devices favors Agility's Oregon-built supply chain. CEO Peggy Johnson: being first means Agility "will be able to set many of the metrics on what customers need in a humanoid."
Watch: AGLT's first close and the first quarterly reports as a listed company, against the $40–50 million 2026 contracted-revenue claim and the filed gap between the roughly $465 million raise and the $620 million-plus once projected.