The First Pure-Play Humanoid Robot Stock Is About to Go Public. Here's What Investors Need to Know About Agility Robotics.
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Elon Musk’s Tesla is arguably the highest-profile developer of advanced humanoid robots. Agility Robotics, however, has quietly proved that its similar solution is marketable as well. It will soon be publicly traded, but it isn’t undergoing the usual initial public offering process. You're likely aware that the mainstreaming of humanoid, AI-directed robots is on the horizon. Indeed, CEO Elon Musk says Tesla 's will begin mass commercial production of its so-called Optimus humanoid by the end of next year. Tesla shares aren't an investment in advanced robotics, though. It's still first and foremost an electric vehicle outfit, and robotaxis feature as prominently as robotics do in Tesla's foreseeable future. And most other up-and-coming AI robot makers are either not publicly traded or aren't worth investing in, or aren't pure plays, either. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our analysts, we’re only at the end of "Act 1" - the R&D phase. "Act 2" is the global rollout. Continue » There may soon be one exception, however. A company called Agility Robotics -- maker of the humanoid robot called Digit -- will soon be going public. Here's what interested investors need to know. Robotics (including low-functioning robots) isn't exactly anything new. But Agility's Digit...
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Yet, the company still lost $140 million last year on only $1.8 million in sales, while the $620 million it expects to raise through its upcoming merger with special-purpose acquisition company (SPAC) Churchill Capital Corp XI (NASDAQ: CCXI) implies a company valuation of $2.5 billion.
