Agility Robotics Hits Nasdaq With $465M and 65,000 Hours Logged

The Salem, Oregon humanoid maker goes public as AGLT — the first pure-play legged robot company to list on a major exchange.

By The Robotics Desk

Agility Robotics began trading on the Nasdaq Stock Market under the ticker "AGLT" on November 5, after completing its merger with SPAC Churchill Capital Corp XI. The deal closed with roughly $465 million in gross proceeds — less than the $620 million projected if no shareholders had redeemed, but enough to accelerate what is already a working deployment. [1]

[1][2] Revenue reached $1.78 million in 2025, up from $310,000 in 2024, though the net loss stood at $138.1 million. [1] More than $300 million in committed multiyear orders for the next-generation Digit 5 sit in the pipeline, with early-access deliveries expected in 2027. [1]

The PIPE round — $201 million led by Foxconn — signals that manufacturing giants are positioning early in the humanoid supply chain. [1] Agility also floated the idea of licensing its IP to other developers, with CEO Peggy Johnson stating: "We envision Agility becoming the backbone of the humanoid industry as the category begins to scale into new markets and use cases. Humanoids of all types and builds could benefit from our extensive research and innovation." [1]

The public listing puts a price tag on a thesis the industry has circled for years: that walking robots, trained on real work rather than demo floors, can hold up under commercial scrutiny. The question is whether the revenue line catches the ambition before the cash does.

Co-founder Jonathan Hurst recently said during a social media "Ask Me Anything" that Digit likely won't get wheels, but the company is exploring wheeled robots as part of a broader family of multipurpose, human-centric robots. [1] Agility, spun out of Oregon State University in 2015, now has public markets watching every step. [1]