Agility Robotics to go public via SPAC at $2.5B

Agility Robotics plans to go public through a merger with Churchill Capital Corp XI, valuing the company at roughly $2.5 billion. The deal is expected to generate over $620 million in proceeds. The company, known for its Digit robot, has secured more than $300 million in multi-year orders for its next-generation Digit v5.