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Agility Robotics advances planned public listing via $2.5B SPAC

Shareholders of Churchill Capital XI have approved a proposed $2.5 billion special purpose acquisition corporation transaction involving Agility Robotics.

The agreement is expected to generate approximately $465 million in gross capital for Agility. The company plans to use the funds to expand deployments of its Digit humanoid robot with industrial customers, marking a significant step in the robot developer’s plans to scale commercial operations.

Sources

The Robot Report

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