Humanoid maker Agility Robotics to go public through SPAC merger

Agility Robotics, a humanoid robot maker, is going public through a merger with a special purpose acquisition company, which will provide over $620 million in gross proceeds and value the company at $2.5 billion. The company's flagship robot, Digit, is already operating in commercial environments at manufacturing, distribution, and logistics companies, having accumulated over 65,000 hours of operation across nine customer facilities. Agility claims it will become the only U.S. publicly listed pure-play humanoid company with proven active commercial deployments, and the company has secured over $300 million in multi-year orders for its next-generation Digit v5 model.