Iván Hernández Dalas: Humanoid maker Agility Robotics to go public through SPAC merger
The Digit humanoid robot is already at work at several commercial customers. Source: Agility Robotics Agility Robotics Inc. today said that it has agreed to merge with special purpose acquisition company, or SPAC, Churchill Capital Corp. XI. It claimed that it will become “the only U.S. publicly listed pure-play humanoid company with proven, active commercial deployments.” Agility developed bipedal research platform Cassie and humanoid robot Digit, which is now in commercial trials. The Salem, Ore.-based company said it expects the SPAC transaction to provide more than $620 million in gross proceeds for a valuation of $2.5 billion in pre-money equity. “Humanoid robots are a critical driver of American technology leadership and the future of global industry,” stated Peggy Johnson, CEO of Agility Robotics. “With category-defining commercially deployed humanoid robots operating in real customer environments today, Agility is at the forefront of a new era where...