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FIRST HUMANOID ROBOT COMPANY HITS WALL STREET — AGILITY ROBOTICS GOES PUBLIC WITH 1,000 ROBOTS ALREADY BOOKED AND AMAZON AS A CUSTOMER

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FIRST HUMANOID ROBOT COMPANY HITS WALL STREET — AGILITY ROBOTICS GOES PUBLIC WITH 1,000 ROBOTS ALREADY BOOKED AND AMAZON AS A CUSTOMER The humanoid robot industry just had its Wall Street moment. Agility Robotics, the Salem, Oregon company whose bipedal Digit robot works inside warehouses for Amazon, GXO Logistics, Toyota, and Mercado Libre, announced it is going public through a merger with Churchill Capital Corp XI, a SPAC. The deal values Agility at approximately 2.5 billion dollars and is expected to raise more than 620 million dollars in gross proceeds. If it clears shareholder approval and SEC review, Agility will become the first pure-play humanoid robotics company trading on public markets, opening the sector to retail investors for the first time. The numbers behind the business are what make this credible. Agility has more than 300 million dollars in booked, multi-year revenue tied to roughly 1,000 robots operating under a robots-as-a-service model, where customers pay monthly rather than purchasing machines outright. CEO Peggy Johnson, a former Microsoft executive who engineered the 26-billion-dollar acquisition of LinkedIn, said every customer on the list has already completed pilots and has deployment plans ready to go. Digit stands about five foot nine, weighs 160 pounds, and is built specifically to move heavy loads in human-designed spaces. Johnson said not to expect a home robot for at least a decade. But for warehouses, the business case is already in motion, and the million-plus unfilled jobs in physically demanding roles give the company a market that is not going away. Keywords: Agility Robotics IPO, humanoid robot stock, SPAC robotics, Digit robot warehouse
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