Agility Robotics to Merge with Churchill Capital Corp XI

June 24, 2026

Agility Robotics entered into a definitive business combination agreement with Churchill Capital Corp XI, valuing Agility at $2.5 billion before the transaction. The proposed deal includes a PIPE of approximately $200 million led by Foxconn and is expected to provide Agility with more than $620 million in gross proceeds to expand deployments, scale production, and invest in its robotics platform.

Buyers
Churchill Capital Corp XI, Foxconn
Targets
Agility Robotics, Inc.
Industry
Manufacturing
Location
Oregon, United States
Transaction Type
Buyout

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