This humanoid robotics company is going public, but its CEO isn’t promising a robot in your home anytime soon

Agility Robotics announced plans to go public through a merger with a special purpose acquisition company (SPAC). The robotics company manufactures bipedal robots for warehouse and logistics tasks. CEO Damion Shelton said the company is focused on deploying robots in industrial settings rather than consumer applications. The merger values Agility Robotics at approximately $2.3 billion, according to statements released by the company.

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