Agility opens at $11.26 on Nasdaq after first-half sales of $174,362

Agility Robotics stock opened at $11.26 in its first session on Nasdaq on Nov. 5, above the $10 a share used in its merger with Churchill Capital Corp XI, and stood at $10.30 later in the day, The Robot Report said. The deal closed on Nov. 4, after more than 84% of the votes cast by Churchill XI shareholders backed it, and the Digit maker now trades as AGLT.

The opening price is a bet on a robot that has not shipped. In the first half of 2026 Agility booked $174,362 in net sales, down 72% from $624,866 a year earlier, and lost $361.9 million, according to the merger proxy filed with the SEC in October. Selling, general and administrative costs rose to $158.2 million from $26.4 million, and research and development to $200.8 million from $45.0 million. In all of 2025 it sold $1.78 million, of which $1.13 million came from related parties.

The order book starts paying in 2027

Agility says it holds more than $300 million in committed multi-year orders for Digit 5, subject to contractual milestones, product features and specifications. Early-access deliveries are due in the first half of 2027 and general availability by the end of that year. Three manufacturers, which it describes as a global automaker, an automotive technology and components developer and a consumer products maker, are in paid programs, and it counts more than 30 prospective customers. Prospective buyers pay $500,000 for an on-site proof of concept, and four had signed up by May, TechCrunch reported. Its RoboFab plant in Salem, Oregon, is designed for up to 10,000 humanoid robots a year.

The cash to get there is about $465 million in gross proceeds, most of it from Foxconn's PIPE and private money rather than SPAC holders. Chief executive Peggy Johnson also raised a second business on listing day: licensing Agility's technology to other humanoid makers. "We envision Agility becoming the backbone of the humanoid industry as the category begins to scale into new markets and use cases," she said.

Existing shareholders and the Churchill sponsor are locked up for 180 days after closing, which runs to early May 2027, unless the share price earns them an early release. Early-access Digit 5 deliveries are due in that same half-year.