Agility, a humanoid robotics and Physical AI company, announced the opening of a new 60,000-square-foot facility in Fremont, California to serve as its software and capabilities hub. Engineering teams there will train, test, and advance AI technologies that enable its humanoid robot, Digit, to learn new skills and perform more complex tasks in customer environments.
The site will host nearly 200 employees across hardware, AI/ML software, and field operations and complements Agility’s RoboFab manufacturing facility in Salem, Oregon. According to Agility, it has active deployments with major enterprises and has secured more than $300 million of multi-year orders for Digit v5, subject to contractual milestones. The expansion comes ahead of its planned public listing via business combination with Churchill Capital Corp XI (NASDAQ: CCXI).
Agility Robotics and Churchill Capital Corp XI (NASDAQ: CCXI) have confidentially submitted a draft Form S-4 registration statement to the SEC for their previously announced proposed business combination. The deal would result in Agility becoming a publicly traded company, expected to list under ticker AGLT.
According to Agility Robotics, the transaction is expected to deliver over $620 million in gross proceeds, including about $421 million of Churchill XI trust cash (assuming no redemptions) and roughly $201 million of incremental equity financing. Proceeds are intended to fund existing orders, expand deployments, and scale production of the Digit v5 humanoid robot. Closing is targeted for 2026, subject to shareholder, regulatory, stock exchange and customary approvals.
Agility Robotics will go public via a merger with Churchill Capital Corp XI, valuing Agility at a $2.5 billion pre-money equity value. The deal is expected to provide over $620 million in gross proceeds, including a $200 million PIPE at $10 per share.
Agility reports over $300 million in multi-year Digit v5 orders, deployments across nine facilities with 65,000+ operating hours, and manufacturing capacity up to 10,000 humanoid robots annually. All existing shareholders will roll equity and be locked up for 180 days post-closing.
Churchill Capital Corp XI (Nasdaq: CCXI) said holders of units from its IPO may elect to separately trade Class A ordinary shares and warrants starting February 9, 2026. Only whole warrants will trade; no fractional warrants will be issued.
Separated Class A shares will trade as CCXI and warrants as CCXIW; unsplit units remain under CCXIU. This announcement is not an offer to sell or solicit purchases where unlawful.