RoboticsNov 5, 20263 mins read

Agility Robotics’ Nasdaq Debut Puts Humanoid Robots to a Public-Market Test

Agility Robotics is expected to become the first humanoid-focused company to go public in the US, bringing Wall Street a clearer look at the sector’s promise, losses, deployments, and valuation gap.

Business Insider

Agility Robotics is taking humanoid robots public in a first for Wall Street

Agility Robotics' humanoid robot Digit — Image credits:Angel Garcia/Bloomberg via Getty Images

A First-of-Its-Kind Public Debut for Humanoid Robots

Agility Robotics, an Oregon startup whose two-legged robots carry heavy materials and sort goods in factories and warehouses, is expected to begin trading on Nasdaq on Thursday. Business Insider reports the company would become the first humanoid-focused company to go public in the US.

The listing follows a merger with Churchill Capital Corp XI, a SPAC led by former Citigroup executive Michael Klein. The combined company is expected to trade under the ticker AGLT.

The Numbers Show a Long Road to Profit

Agility reported $1.8 million in revenue last year and a $138.1 million net loss, according to merger filings cited by Business Insider. More than half of its revenue came from five robots purchased by one of its investors.

The company also used $99.8 million in cash to run the business in 2025 and lost $2.7 million on sales before research and other company expenses. Its filings said it expects additional losses and higher operating expenses for the foreseeable future.

Digit Deployments Give Agility a Real-World Calling Card

Agility has deployed Digit across nine customer facilities, including sites belonging to Amazon, Toyota, and logistics company GXO. Its investors include Amazon, Foxconn, Nvidia, SoftBank, and DCVC.

The company is betting on Digit 5, its newest robot, to grow the business. Business Insider reports the filing says Agility has more than $300 million in orders for 1,000 robots from a single customer, dependent on meeting deadlines and delivering promised features.

Public Markets May Reset Humanoid-Robot Valuations

The SPAC merger valued Agility’s existing equity at about $2.5 billion, below some privately held humanoid robotics rivals named in the report. Business Insider cites Figure AI at about $39 billion, Apptronik at about $5.5 billion, and Neura Robotics at around $7 billion.

The listing arrives as Washington tightens restrictions on foreign-made robots and as Chinese companies dominate humanoid robot shipments, according to the article. Agility manufactures Digit at its Oregon factory, making its public debut a notable test for US robotics manufacturing and investor expectations.