American robot manufacturer Agility Robotics entered the Nasdaq stock exchange and became the first among manufacturers of humonoid robots to enter the US stock market. This is reported in a press release. Agility.
The listing took place through a merger with Churchill Capital Corp. XI (SPAC), which allows for public status without a traditional IPO. As a result of the deal, Agility Robotics will have access to $465 million before expenses, including $201 million in private investment from Foxconn, Apple's largest iPhone assembly partner.
As part of the merger with Churchill, the value of Agility Robotics was estimated at $2.5 billion. Agility's founders and partners include Amazon, GXO Logistics, Ford Motor Company, and Ricoh USA. NVIDIA, SoftBank Vision Fund 2, Foxconn and Schaeffler.
Agility Robotics has orders for Digit 5 worth more than $300 million, cooperates with the logistics operator GXO Logistics and implements a pilot project in the industrial sector together with AGCO. By the end of 2027, Agility expects to build a portfolio of 100 potential customers in the automotive, retail, pharmaceutical and other industries.
To expand production, Agility Robotics has built a RoboFab plant in Oregon, designed to produce up to 10,000 robots annually. Agility has developed the Digit humanoid robot for warehouse, manufacturing and logistics operations, which serves customers including Schaeffler, GXO, Toyota Motor Manufacturing Canada and Mercado Libre at nine customer sites.
From the point of view of analysts, the total value of the humanoid robots market in the field of production, distribution and logistics in the United States is estimated at $ 1 trillion.
Agility Robotics is an American company developing humanoid robots for industrial, logistics, and service solutions. The company operates a RoboFab production facility with a production capacity of 10,000 robots per year. The headquarters is located in Salem, Oregon.
Churchill Capital Corp. — an American specialized company for targeted mergers and acquisitions. The headquarters is located in New York (USA).
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