Landa Digital Printing, the Israel-based developer of Nanographic digital printing technology, has filed for court protection as it grapples with significant financial challenges. According to reports in Israeli media, including tech news outlet Ctech, the company is burdened with approximately $516 million in debt and has encountered a critical cash flow shortfall following the abrupt withdrawal of shareholder funding.

The move comes after years of heavy investment and limited commercial return. Founded in 2011 by industry pioneer Benny Landa, the company introduced its first alpha and beta digital press models in 2017. However, commercial sales only began in earnest in 2022. To date, just over 50 machines have been sold globally.

Calcalist, an Israeli financial newspaper, reports Landa Digital Printing posted combined losses of $312 million over 2022 and 2023. Revenue reached $35 million in 2022, followed by $47 million in 2023, but losses deepened year-over-year due largely to interest on shareholder loans, many of which were later converted into equity. The company does not have audited financial results for 2024.

At drupa 2024, Landa reportedly secured 50 letters of intent from prospective buyers, prompting the company to order components from suppliers. Ultimately, just 11 of those letters translated into confirmed sales.

A statement issued by the company on June 29, 2025, confirmed the sudden halt in shareholder funding and acknowledged the resulting financial crisis. In response, Landa has implemented a company-wide reorganization, including staff reductions and cost-cutting measures. On June 30, the court granted Landa Digital Printing a 14-day freeze on legal proceedings as it seeks a path forward.

The news has sparked speculation about a potential acquisition by a larger digital print player. While no official discussions have been confirmed, some observers have drawn parallels to HP’s 2002 acquisition of Indigo — another Benny Landa-founded company that helped establish HP as a major force in digital print.

Landa Digital Printing has long positioned its Nanographic technology as a disruptive force in the digital press market, targeting applications across packaging, commercial print, and beyond. With the company now in restructuring, the industry will be watching to see what comes next for one of digital print’s most ambitious ventures.