From SiliconANGLE · Maria Deutscher · · 1m
Agility Robotics debuts on Nasdaq after SPAC merger
Agility Robotics launches Nasdaq listing post-SPAC merger with $465m funding for Digit 5 robot.
In brief
Agility Robotics launches Nasdaq listing post-SPAC merger with $465m funding for Digit 5 robot. Agility Robotics, a humanoid robot maker, debuted on Nasdaq after merging with Churchill Capital Corp XI Corp, securing $465m for its Digit 5 robot. Originally reported by SiliconANGLE.
Agility Robotics debuts on Nasdaq
Agility Robotics Inc. debuted on the Nasdaq today after merging with Churchill Capital Corp XI Corp.
SPAC merger details
The deal and related financings pulled in $465 million, excluding transaction fees.
Digit 5 robot specs
Digit 5 is a nearly six-foot-tall humanoid robot with a 20-hour battery life.
Battery technology
Digit 5 uses niobium-based batteries from Nyobolt Ltd for nine-minute recharges.
Nvidia hardware
Digit 5 runs on Nvidia's IGX Thor T7000 chip with 14 cores and 2,560 GPU cores.
Pre-orders and customers
Agility has over $300m in pre-orders from Toyota and GXO Logistics Inc.
CEO statement
Peggy Johnson says Digit 5 handles repetitive tasks and becoming public accelerates progress.
The key point
Agility Robotics, a humanoid robot maker, debuted on Nasdaq after merging with Churchill Capital Corp XI Corp, securing $465m for its Digit 5 robot.
