Agility Robotics began trading on Nasdaq on Nov. 5 as the first dedicated U.S. humanoid-robot company to list, after completing a special purpose acquisition company merger, TechCrunch and Ars Technica reported^1,2.

TechCrunch said the reverse merger is structured to raise $465 million in new capital from retail investors and a private tranche¹. Ars Technica said the listing followed a merger with a special purpose acquisition company and came with S-4 disclosures of how Agility intends to rent or sell Digit robots for warehouse and factory labor².

The Salem, Oregon, company was spun out of Oregon State University in 2015 and has deployed Digit robots with industrial customers, TechCrunch reported, naming Schaeffler, GXO, Toyota Motor Manufacturing Canada and Mercado Libre among nine customers¹. Ars Technica said Agility was first to reach full-time commercial humanoid deployment at a customer warehouse in 2024 and that GXO has expanded beyond Georgia to North Carolina and Tennessee².

CEO Peggy Johnson told TechCrunch the company avoided showpiece demos in favor of repetitive jobs that are hard to staff¹. "You don't see a lot of dancing robots or backflipping robots from Agility," Johnson said¹.

Current sales remain small. TechCrunch said Agility recorded $174,000 in revenue in the first six months of 2026, mostly from related parties, and a $362 million loss in that period¹. Ars Technica, citing filings, said 2025 revenue was $1.8 million against about $140 million in operating loss, and that Agility has lost money since inception and expects operating and net losses for the foreseeable future².

TechCrunch reported $300 million in planned contracts from 30 customers for Digit 5, which it said can work around people rather than only in isolated cells, and that Johnson called the pipeline a driver of the public listing without naming the customers¹. Ars Technica said S-4 subscription math was based on an unidentified customer's $300 million order for 1,000 Digit 5 units over three years, contingent on milestones and specifications².

Ars Technica summarized illustrative pricing: about $25,000 to deploy plus $8,500 a month for robots-as-a-service, or a $200,000 hardware purchase plus $20,000 to deploy and $36,000 a year for software and maintenance². Digit 5, with customer access starting in 2027, is described as lifting up to 50 pounds and working more than 20 hours in 24 with a Nyobolt pack that Agility said is exclusive for humanoids².

Co-founder Jonathan Hurst told Ars Technica that robots-as-a-service is meant to match human labor rates so customers see return on day one². "Digit 5 is not going to walk into your living room and do dishes and stuff like that," Hurst said².

TechCrunch said a full-scale deployment still requires a $500,000 on-site proof of concept, with four customers signed as of May 2026¹. Ars Technica said Agility estimated its own software and maintenance cost at $15,000 a year per robot, a $150,000 initial bill of materials falling with volume, and production ramp plans at RoboFab in Oregon plus a Pittsburgh support site².

Competition and execution remain open questions in the filings Ars Technica quoted, which list well-funded rivals including Tesla, Figure AI and Boston Dynamics and cite unproven scale, safety around people, regulation and cybersecurity². China's Unitree listed earlier in 2026 on Shanghai's STAR Market, Ars Technica noted².