Storj Labs Inc. ("Storj") is selling three distinct, production-grade technology assets under Chapter 11 of the U.S. Bankruptcy Code (Case No. 26-62642-PWB, Bankr. N.D. Ga.). Each can be acquired separately, free and clear of liens, claims and encumbrances under Section 363, with the certainty of a court-approved process and the speed of an expedited timetable. Storj has already done the hard work: the business has been restructured to near break-even, the team has been focused, and the data room is built. What remains is for the right buyer to take each asset to its next chapter.
| Asset | What it is | Who should look at it |
|---|---|---|
| Valdi.ai | Two-sided GPU compute marketplace | GPU cloud operators, datacenter owners, AI-infrastructure platforms |
| Object Mount | Patented software that mounts S3 object storage as a local POSIX drive | Storage vendors, backup and media-workflow software companies, cloud providers |
| Storj Object Storage | Globally distributed, S3-compatible cloud storage with recurring enterprise revenue | Cloud and storage operators, telcos, infrastructure investors, web3 foundations |
1. Valdi.ai — the Airbnb for GPUs
A ready-built marketplace that turns idle GPUs into revenue, at the moment the world cannot get enough of them.
Valdi.ai is a live web platform that connects buyers who need GPU compute with suppliers who have it. Datacenters, research institutions and enterprises list under-utilized GPU capacity, usually anonymously so they can price aggressively without undercutting their retail channels. Buyers get on-demand access to hard-to-find accelerators on a pay-as-you-go basis, or reserve capacity on prepaid or flexible terms. Valdi handles discovery, provisioning, metering and billing.
Why it is compelling
- Market timing. GPU demand continues to outrun supply; stranded capacity sits in datacenters that lack a sales channel. Valdi is the channel.
- Asset-light model. Valdi owns no hardware. It earns a margin on every rental across a two-sided network and scales without capital expenditure.
- Turnkey platform. Full source code, proprietary matching and pricing logic, cloud environments, DevOps tooling and documentation transfer with the sale. A buyer can be live on day one.
- Brand and digital presence. The Valdi name, marks, valdi.ai domain, websites and social accounts are included.
- Immediate fit for strategics. A GPU cloud, a datacenter operator or an AI-infrastructure company can plug Valdi in as a demand-generation front end for its own fleet.
What is included
Software platform, source and object code, algorithms and trade secrets; brand and trademarks; domains and social accounts; supplier, reseller, partner and hosting agreements (subject to consents); inbound licenses; cloud accounts and configurations; books and records; marketing collateral; prepaid expenses and deposits; and all goodwill.
2. Object Mount — turn any object store into a local drive
Patented, cross-platform software that makes cloud object storage feel like a hard disk, built for media workflows and AI data pipelines.
Object Mount is client software for macOS, Windows and Linux that mounts any S3-compatible object storage as a local drive with full POSIX semantics. Video editors open multi-gigabyte files in their native applications straight from the cloud. Backup tools write to object storage without a rewrite. AI and ML teams stream training data from a bucket as if it were local. Intelligent caching and prefetch logic, protected by granted and pending patents in the United States and Europe, deliver the performance that makes this possible.
Why it is compelling
- Patented performance. Three patent families cover the prefetching and file-storage techniques that set Object Mount apart: US 2025/0272265 A1, EP 4,535,182 A1 and EP 4,535,183 A1.
- Vendor-neutral. Works with any S3-compatible store, so a buyer can sell it alongside its own cloud, bundle it with hardware, or offer it as a standalone product.
- Proven use cases. Media and entertainment post-production, backup and archive, and data streaming for AI/ML workloads, each a large and growing market.
- Two brands, one product. The sale includes both the Object Mount brand and the airleap brand and airleap.com domain, giving a buyer flexibility in positioning.
- Mature code base. Production software with full source, documentation, build and deployment tooling, and the Storj engineers available for transition support.
What is included
Software, source and object code, the three patent families listed above, copyrights and trade secrets; the Object Mount and airleap brands, marks and domains (objectmount.com, airleap.com); inbound licenses; cloud accounts and configurations; books and records; marketing collateral; ancillary rights under warranties, indemnities and covenants; and all goodwill.
3. Storj Object Storage — the global decentralized cloud
A revenue-generating, S3-compatible cloud storage platform running on tens of thousands of nodes in over a hundred countries, priced far below the hyperscalers and ready for its next owner to scale.
Storj Object Storage is a globally distributed cloud storage service that works as a drop-in replacement for Amazon S3. Every file is encrypted at the client, split into erasure-coded pieces, and spread across a network of tens of thousands of independently operated storage nodes in more than one hundred countries. Storj's satellite software tracks metadata, audits node performance, repairs data automatically and pays node operators. Customers connect through a hosted or self-hosted S3 gateway, native libraries, a web console and a link-sharing service. The platform is also available as Storj Private Cloud, a self-hosted deployment on commodity hardware for enterprises that want to pool their own stranded capacity.
Why it is compelling
- Recurring revenue. Customer billings have stabilized at roughly $3m per year on a recurring, contracted base, with the monthly cost base cut to close to break-even. A buyer acquires a business, not a project.
- Enterprise customers. Media and entertainment, backup and archive, home-security and IoT video, scientific research and AI/ML workloads, plus a long tail of self-service developers. The full customer schedule and net-expansion data are in the data room.
- Structural cost advantage. Because the network monetizes under-utilized capacity instead of building datacenters, Storj has historically priced storage and egress at a substantial discount to hyperscale providers while running a materially lower carbon footprint.
- Security and resilience by design. End-to-end encryption and global distribution by default, engineered for 99.99% durability and 99.95% availability without replication, and fast from any geography because every customer is close to many nodes.
- Open-source core, proprietary edge. Substantial portions of the stack are open source and battle-tested in public, while the proprietary components, the brand, the live network, the node-operator relationships and years of operating data transfer with the sale.
- Already restructured. Since July 2026 the business has been resized to a focused engineering team, fixed infrastructure costs have been cut by about three-quarters, and the network has served customers without interruption throughout. The buyer inherits a lean, running operation.
- Sovereign and private cloud angle. Storj Private Cloud gives telcos, governments and regulated enterprises a way to run distributed storage on their own hardware, an increasingly attractive proposition in markets prioritizing data sovereignty.
What is included
The satellite, storage-node, uplink, gateway and link-sharing software (proprietary components and open-source contributions); the Storj name and marks; storj.io and related digital properties; customer contracts and relationships; the node-operator network and relationships; operational data accumulated over the life of the network; and all goodwill.
Process and timeline
Valdi and Object Mount
| Milestone | Date (all times U.S. Eastern) |
|---|---|
| Sign NDA; receive bid package and data-room access | On request, within one business day of a signed NDA |
| Management and technical demonstration calls (one for Valdi, one for Object Mount; recorded for the data room) | On or before November 10, 2026 |
| Bid Deadline (written, binding bids) | November 17, 2026, close of business |
| Top three bidders notified; 10% good-faith deposit requested | November 18, 2026 |
| Live auction among the top three bidders (Zoom) | November 20, 2026 at 1:00 p.m. |
| Sale hearing and closing | Promptly following the auction, subject to Court approval |
Storj Object Storage
The Court scheduled a hearing on December 3, 2026 to approve the bidding procedures. We are confident that the Court will approve a bidding deadline date of December 20, 2026, and auction date of December 21, 2026. When the Court enters an order approving the process, we will provide a copy of that order. The expected process is a four-to-five-week marketing period, management presentations in November, a written bid deadline of December 20, 2026 and a live auction on December 21, 2026 among the leading bidders shortly after. Parties that sign the NDA now will receive the data-room access and the timeline the moment the motion is filed.
How to bid
- Bids must be in writing on Storj's template, state a cash purchase price with no financing or diligence contingency, be accompanied by proof of funds, and remain irrevocable through the auction.
- The auction for each asset is limited to the three highest qualified bidders, so the strongest offer at the bid deadline is the one that gets a seat.
- Assets may be bid on individually or in combination.
Next step: sign the NDA
Access to the data room, the bid package and the management calls requires a signed Confidentiality Agreement. The agreement is a two-page, bidder-standard form approved by Storj's bankruptcy counsel. Because it must be applied uniformly to every participant in a court-supervised process, Storj is unable to accept edits to it. Please sign and return it to legal@storj.io.
Contact: Dr. Sayed Shuja Ali, Chief Restructuring Officer, Storj Labs Inc. · sali@inveniam.io
Disclaimer: This teaser is for information only and does not constitute an offer to sell or a solicitation of an offer to buy. Any sale is subject to bidding procedures approved by the United States Bankruptcy Court for the Northern District of Georgia, to higher or better offers, and to Court approval. Information is provided "as is" without representation or warranty; only representations in a definitive agreement approved by the Court will have any effect.