Agility Robotics lists on Nasdaq as the first humanoid robot company, disclosing a $362 million loss in early 2026

What happened

Agility Robotics, which builds humanoid robots called Digit, is now a publicly traded company. Ars Technica reported that the company's listing on the Nasdaq stock exchange took effect as of November 5. Ars described Agility as the first dedicated humanoid robot developer to go public in the United States.

According to TechCrunch, the company went public through a reverse merger with a special purpose acquisition company, or SPAC. TechCrunch reported the deal will raise $465 million in new capital from retail investors and a tranche of private funding. Ars Technica reported that the company is headquartered in Salem, Oregon.

What Agility's robots do now

A focus on repetitive warehouse work

TechCrunch reported that Agility was spun out of Oregon State University in 2015 by researchers working on how to get a robot to walk safely on two legs. CEO Peggy Johnson told the outlet the company avoided flashy demonstrations. "You don't see a lot of dancing robots or backflipping robots from Agility," she said, adding that the company kept its focus on manual, repetitive jobs that are hard to staff with people.

The company has deployed a handful of Digit robots with nine customers, including Schaeffler, GXO, Toyota Motor Manufacturing Canada and Mercado Libre, TechCrunch reported. The robots mostly move heavy totes, including more than 100,000 at a GXO logistics facility. Ars Technica reported that Agility was the first to achieve full-time commercial deployment of humanoid robots at a customer warehouse, in 2024.

Digit 5 and new contracts

TechCrunch reported that Agility has $300 million in planned contracts from 30 customers for its next robot, Digit 5, which is designed to work safely around people rather than in an isolated work cell. Johnson said the contracts were among the main reasons for going public, but she did not name the customers. To close the deals, Digit 5 must meet undisclosed targets for throughput, uptime and placement accuracy.

The financial picture

Revenue and losses

According to TechCrunch, Agility earned $174,000 in the first six months of 2026, mostly from related parties. It lost $362 million over the same period. Johnson told TechCrunch the money raised in the SPAC deal would cover current needs, but she would not say whether it would be enough for the company to become self-sustaining.

The rental pitch

Agility says a robot can save a company $100,000 a year under a robot-as-a-service model, and more if the customer buys the robot outright, TechCrunch reported. Co-founder and chief robot officer Jonathan Hurst told Ars Technica that renting lowers risk for customers "because they're paying a rate that is comparable to the human labor rate." Prospective customers must spend $500,000 on an on-site proof of concept before a full deployment, and four customers had signed up as of May 2026, according to TechCrunch.

Risks the company has disclosed

Ars Technica reported that Agility's securities filing acknowledges humanoid robots remain unproven at scale and have not reached widespread commercialization. By comparison, industrial robots have decades of track record in warehouses and factories. That filing is among the disclosures that came with the listing.

TechCrunch reported that Digit places heavy loads with 98% accuracy but, like most current robots, cannot handle complex manipulation tasks. Johnson said the company draws on 65,000 hours of real operational data from customer facilities to help train Digit. The company has said its production facility could make 10,000 robots a year, though Johnson would not give production targets for Digit 5. More coverage of the industry is in our AI and tech section.

What to watch next

• Johnson told TechCrunch that Digit 5 prototypes will be demonstrated at CES 2027, with wide availability planned for the end of that year.
• Whether Digit 5 meets the throughput, uptime and accuracy targets needed to close the $300 million in planned contracts, according to TechCrunch.
• How quickly Agility signs new customers, including those paying for $500,000 on-site proofs of concept, as reported by TechCrunch.