Agility becomes the first pure-play humanoid robot company on the stock market via SPAC merger

Automatically extracted; no manual editorial approval recorded.

State University in 2015 by a group of researchers who made headway in figuring out how to get a robot to walk safely on two legs. The company has focused on deploying a handful of its Digit robots in industrial settings with nine different customers, including Schaeffler, GXO, Toyota Motor Manufacturing Canada, and Mercado Libre. Digits are generally used to move heavy totes, including more than 100,000 of them at

Open source S4

ave … 65,000 hours of real operational data from real customers in real facilities…that helps us accelerate the training of Digit.” Johnson said the capital raised in the SPAC transaction would meet the company’s current needs, but wouldn’t project that it would be sufficient for the company to be self-sustaining. She wouldn’t share production targets for Digit 5, but the company has said its production facility coul

Open source S12

d produce 10,000 of the robots annually. “What you’ll see from us going forward is continuing to listen to our customers, understanding what they need in these facilities,” she said. “We’re taking our cue from them because we’re building a business.” For all the open questions, Agility still finds itself further ahead of most humanoid builders by dint of simply putting its product in the field. “Let’s start with the

Open source S13

Almost a year ago to the day, Figure AI CEO Brett Adcock responded to some gentle social media taunting from rival robotics company Agility with a prediction: “You’ll be bankrupt in <12 months.” Instead, Agility is going public through a reverse-merger that will see it become a publicly-traded company and raise $465 million in new capital from retail investors and a tranche of private funding. The transaction will ta

Open source S2

a GXO logistics facility. Compared to humanoid robots built by Figure, Tesla, 1X, or Boston Dynamics, Agility’s Digit can seem plodding, but the robot is actually doing real work, and earning money — albeit just $174,000 in the first six months of 2026, and mostly from related parties. The company lost $362 million in the same time period, which means the clock is ticking for it to successfully deploy its infusion of

Open source S5

new capital. The good news is that Agility has $300 million in planned contracts from 30 customers for its new generation of robot, Digit 5. The new model can safely operate around humans, not just in an isolated work cell like its previous model (and indeed most humanoid robots). That deal was “one of the driving factors” behind the decision to take the company public, Johnson said, but could not yet reveal who the

Open source S6

customers or say if they are investors. To close the deals, Johnson said that Digit 5 will have to hit undisclosed targets along several metrics, including throughput, uptime, and accuracy of placement. The company has yet to show off the prototypes of Digit 5, but Johnson said they will be demonstrated at CES 2027 and widely available at the end of that year. The company’s pitch is that a robot can save $100,000 a

Open source S7

avoid injury. “Digit can do that over and over and over,” she said. “You don’t want to give a human that job. You want to give that to the robot.” Agility faces two key questions: How quickly can it find new customers for Digit 5, and how quickly can it improve on the robot’s capabilities? Prospective customers need to spend $500,000 for Agility to do an on-site proof of concept before a deployment is fully scaled up

Open source S9