One of my proudest moments was sending an autonomous humanoid robot into the real world To this day, I believe Figure is the first and maybe the only company to achieve this

$CCXI is the latest SPAC to be pumped by large fintwat accounts. SPACs have been the bane of retail investors with the vast majority decimating those who were foolish enough to invest in stories. Pre-revenue SPACs are the worst kind, and that appears to be the case with Agility Robotics which plans to go public using a shell company called Churchill Capital Corp XI $CCXI. As expected, this $2.5 billion company has no disclosed revenues, just “illustrations” of what revenues could look like under their robotics-as-a-service business model. Given Amazon $AMZN has been using their products since 2023, why haven’t they started paying for them? Does Amazon’s recent acquisition of Fauna Robotics mean they’ve gone in a different direction? Not based on the $300 million in orders cited in Agility’s glossy SPAC deck. Then you read the fine print and it describes these “orders” as “potential multi-year value expected to be realized over time, subject to the realization of certain contractual milestones.” The word potential is doing a lot of heavy lifting here. Then they talk about “a significant potential pipeline” which is described simply as “based on Agility management expectations.” Typical SPAC hogwash. When they’re realizing more than $10 million per annum in revenues from humanoid sales we’ll take another look. Should the deal go through, Agility will trade under the ticker $AGLT.