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Funding and deals / Manufacturing

Agility closes its stock-market deal, with a Salem, Oregon robot plant designed for up to 10,000 a year

Agility Robotics said Nov 4, 2026 that its merger with a listed shell company is done. The filings put the cash raised at about $465 million and describe the plant it will build Digit in.

Agility Robotics said on Nov 4, 2026 that it completed its business combination with Churchill Capital Corp XI. Its common stock was expected to begin trading on Nasdaq on Nov 5, 2026 under the symbol AGLT. The company is based in Salem, Oregon.

A press release filed with the SEC on Oct 30, 2026 put the gross capital raised at approximately $465 million before deal expenses. It lists three parts: about $164 million from the Churchill XI trust account, about $201 million from a stock placement led by Foxconn at $10 a share, and $100 million of equity funding already received. An earlier release, filed when the registration statement took effect on Oct 13, 2026, had cited about $424 million from the trust, assuming no shareholders redeemed. The closing 8-K says shareholders redeemed about $261.8 million from the trust before the deal closed.

The Nov 4, 2026 release says Agility's RoboFab plant is designed to produce up to 10,000 robots a year. The Oct 13, 2026 release places RoboFab in Salem. That is design capacity, not output. The release gives no figure for robots built so far.

The company reports more than 65,000 hours of real-world operation and more than $300 million in committed multi-year orders for Digit 5. It says those orders depend on contract milestones and product specifications. The Oct 30, 2026 release adds that early-access deliveries of Digit 5 are targeted for the first half of 2027, with general availability by the end of 2027.

Digit is deployed with GXO, Schaeffler and Toyota Motor Manufacturing Canada, according to the Nov 4, 2026 release. GXO is adding two U.S. facilities, with deployments expected in early 2027. A pilot at an AGCO plant in Hesston, Kansas is expected to start in 2027.

Sources

  1. SEC EDGAR, Form 8-K Exhibit 99.2 (Agility Robotics, Inc.)Press release dated Nov 4, 2026 announcing completion of the business combination, filed as Exhibit 99.2 to Form 8-K
  2. SEC EDGAR, Form 8-K Exhibit 99.1 (Churchill Capital Corp XI)Press release dated Oct 30, 2026 on expected closing, listing date and financing amounts
  3. SEC EDGAR, Form 8-K Exhibit 99.1 (Churchill Capital Corp XI)Press release dated Oct 13, 2026 on the registration statement taking effect, with the trust and placement figures

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