AdvertisementAdvertisementBusiness24 Jun 2026 06:38PM (Updated: 24 Jun 2026 06:54PM) Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST June 24 : Agility Robotics will go public through a merger with blank-check firm Churchill Capital Corp XI in a $2.5 billion deal, the companies said on Wednesday.Here are some details on the deal:• The deal is expected to provide more than $620 million in proceeds to Oregon-based Agility, including roughly $200 million of financing from existing and new institutional investors.• Agility will use the proceeds to fulfill existing orders, expand commercial deployments and scale production.Show MoreShow Less• Shares of Churchill Capital Corp XI, backed by veteran Wall Street dealmaker Michael Klein, jumped 18 per cent in premarket trading.• Agility's flagship humanoid robot, Digit, is deployed in manufacturing, distribution and logistics to automate physical tasks. The firm estimates its market opportunity to be roughly $1 trillion.• "Humanoids are at a meaningful inflection point in commercial adoption, and we are focused on meeting growing customer demand, expanding deployments, and advancing our roadmap," Agility CEO Peggy Johnson said.• The firm has already secured more than $300 million of orders for a new version of Digit it is developing, which would have finer dexterity to move smaller objects and incorporate higher safety standards.• The company will list on a North American exchange under the ticker symbol AGLT.Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST