Churchill Capital Corp XI · CCXI · 425 · Filed
Agility Robotics unveils Digit 5 humanoid ahead of $2.5B SPAC merger
CCXI
425
M&A
Source: SEC EDGAR, accession 0001213900-26-100252
What did Churchill Capital Corp XI announce?
Agility Robotics, the target of Churchill Capital Corp XI's $2.5 billion SPAC merger, unveiled the Digit 5 humanoid designed to work safely alongside people without safety barriers.
Key details
- Digit 5 lifts up to 50 pounds, up from about 35 pounds on the prior model, and carries a 90-minute battery that charges in nine minutes.
- Agility operates in nine customer facilities, including Schaeffler AG, GXO Logistics and Toyota Motor Manufacturing Canada, and has logged more than 65,000 hours of operation.
- Agility says it holds about $300 million in multiyear orders for Digit and plans to expand in Europe starting early next year.
- The article states Agility generated about $1.8 million in revenue in 2025 with a $140 million operating loss, and has raised $500 million to date.
Why it matters
This 425 reports a merger or acquisition at Churchill Capital Corp XI. The likely share-price reaction reads as positive.
Bullish
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