Longstanding Thunderbolt and network-attached storage company Drobo filed for Chapter 11 bankruptcy in late June, and will hold its first creditors meeting on July 17.
First formed as Data Robotics in 2005, Drobo manufactured solutions for remote and network storage. Parent company StarCentric filed bankrupcy papers with the California Northern Bankruptcy Court (San Jose) on June 20, 2022.
According to official court documentation, the company is to hold its first creditors meeting on July 19. There is also a final deadline for filing claims against the company, which is October 17, 2022.
The company has no commented publicly on the decision. However, the company appears to have been badly affected by the coronavirus. In February 2020, the company tweeted about production delays, and in March 2020, its CEO Mihir Shah addressed concerns over how the coronavirus would affect the company.
"We are in close contact with all of our suppliers and we are trying to mitigate the impact of any delay in the supply chain," he wrote in a blog post.
There have been no further blog posts since then. Drobo Support hasn't tweeted for over a year, and Drobo's main Twitter account has been silent since December 2021.
The company does also not appear to have made any announcements about Apple Silicon support since November 2020.
However, a Reddit user reports that Drobo Support has said the company is not closing.
"The restructuring process will enable us to continue servicing our customers and partners and make the necessary investments to achieve our strategic objectives," the Reddit user quotes. "StorCentric concluded that the voluntary Ch 11 reorganization is the best way to fix our balance sheet and we will remain fully functional during the restructuring process."
Drobo's online US and European stores are currently both showing every product as sold out.
The Chapter 11 filing implies that the company is trying to reorganize and return to full operations at some point. It isn't yet clear what the reorganization will look like, nor the magnitude of the creditors' demands.