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I've just seen this on Kickstarter and thought it was quite interesting. Galaxy the people that recently had the 4x5 direct positive paper on Kickstarter have now announced plans to create Hyper Speed direct positive paper in 120 size as well. Not sure if I'll back it as I've already got the 4x5 paper that I don't have a developer for, but it's interesting, and I'm always excited to see new film related things being tried.
https://www.kickstarter.com/projects/114183606/galaxy-hyper-speed-120-for-medium-format-camera
Here's a quote from their page
https://www.kickstarter.com/projects/114183606/galaxy-hyper-speed-120-for-medium-format-camera
Here's a quote from their page
With our first project, we created a new photo paper "Galaxy Hyper Speed" with extraordinary ISO 120, which made it possible to use the paper directly in the analog cameras. Our first project was dedicated to large format and pinhole photographers. Now we are taking the next logical step - introducing this paper to medium format photographers.
Basically, we took the format that was always used for film and replaced film for our photo paper creating new unique (or reviving long well-forgotten - see "The Story" below) photo medium.
However, our 120 photo paper is not a replacement for a classic medium format film. They work and serve us in different settings and situations. Film has a long history of doing a fantastic job for many photography professionals, and we don’t need to advocate it here. But with the film, after you take pictures, you are running the full marathon with all the pit stops - develop film, dry it, use an enlarger, print pictures on paper, and dry the prints.
Galaxy Hyper Speed 120 works differently - you just develop the paper. You don’t even have to go to the darkroom because with our RC-based positive photo paper you can develop your photos using just a changing bag and a small tank, and the pictures can be ready in about 7 - 10 minutes!