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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