If we had some eggs, we could have eggs and ham. If we had some ham.
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In case people can’t open it…
24/7 Market News Publishes Report on Recent Spider Silk Production Breakthroughs Featuring Kraig Biocraft Laboratories
October 5, 2024 09:40
DENVER, Colo., May 10, 2024 (247marketnews.com)- Kraig Biocraft Laboratories (OTCQB:KBLB) and DuPont’s (NYSE:DD) are mentioned.
Spider Silk, the “Holy Grail” of Fibers, is coming and should Immediately Impact Several Significant Materials Sectors
The global mundane silk market is approximately $27.6 billion USD, as of 2023, and is expected to reach $52.6 billion, by 2029, according to Allied Market Research.
Spider silk is the toughest, which is a combination of strength and elasticity, fiber known to man.
Kraig Biocraft Laboratories (OTCQB:KBLB) is pioneering the production of genetically bioengineered spider silk, using silkworms modified to spin spider silk cocoons that can be harvested in commercial quantities.
Kraig Labs is employing existing conventional silk production and processing infrastructure to expedite expansion of its global production capabilities through partnerships and joint ventures.
Approximately 30 countries produce mundane silk, led by China, India, Japan, Thailand, Vietnam, and Brazil.
OTCQB:KBLB) is the leading developer of genetically engineered spider silk based fiber technologies." width="282" height="177" data-wp-pid="78415" /> Kraig Biocraft Laboratories (OTCQB:KBLB) is the leading developer of genetically engineered spider silk based fiber technologies.
However, before Kraig Labs’ bioengineered spider silk breakthroughs, there was no way to mass produce a high-quality version of this super fiber.
Spider silk’s tensile strength is comparable to high-grade steel and even stronger, in some cases, yet it elasticity allows it to stretch up to 5 times its length without breaking, so Kraig Labs’ Dragon Silk is even tougher than Kevlar, DuPont’s (NYSE:DD) antiballistic industry leading fiber.
Spider silk’s diverse potential applications should contribute to the growth of its future market value. It’s high-performance properties make it highly desired across various sectors including automotive, defense, healthcare, and textiles. For instance, in the automotive and defense sectors, spider silk’s high resilience and robustness make it an ideal material for manufacturing lighter and stronger components, such as bulletproof vests and other protective gear. The healthcare sector has experimented with innovative uses of spider silk, from biocompatible surgical sutures to other medical implants, leveraging its unique properties for various medical applications (Emergen Research)
The move towards producing spider silk at competitive costs could make it a viable alternative for Kevlar, plastics and other materials, especially considering its superior strength and biodegradability, but that transition could be expedited by the global focus on sustainability.
Non-Toxic Production: The production processes for many high-performance materials can be hazardous, involving toxic chemicals that pose health risks to workers. Biologically produced spider silk eliminates the need for harmful solvents and chemicals, promoting safer working conditions and improving the overall quality of life for those involved in the production chain.
Kraig Labs’ bio-degradable spider silk could significantly impact several markets by providing a sustainable alternative to traditional materials.
1. Wound Care: The global wound care market is extensive, with the demand driven by increasing cases of chronic wounds like diabetic ulcers and the rising number of surgeries. The market was valued at approximately $22.3 billion in 2023 and is expected to grow to around $31.7 billion by 2032, with a CAGR of about 4.51% during 2024-2032.
2. Textiles: While specific figures for eco-friendly or biodegradable textiles are less delineated, the global textile market size itself offers a perspective on potential. The market was valued at around $1000 billion in 2020 and is expected to grow substantially by the end of the decade, influenced by trends towards sustainability and innovative materials.
3. Medical Devices (specifically for wound care): This segment includes products like biodegradable sutures and meshes, where spider silk’s strength and compatibility could be particularly valuable. The advanced wound care products segment, a part of this market, is expected to see significant growth driven by innovations and an aging population susceptible to chronic wounds.
4. Protective Clothing: Including military and law enforcement gear, the market for personal protective equipment was valued at $52.7 billion in 2019 and is projected to reach $85.72 billion by 2027, potentially benefiting from materials like spider silk that offer high strength and flexibility.
*Grand View Research, Fortune Business Insights, Markets and Markets (source)
The integration of Kraig’s biodegradable spider silk into these markets could help reduce environmental impact significantly, replacing non-renewable, non-biodegradable materials like nylon and Kevlar. Moreover, the use of biodegradable materials aligns well with increasing regulatory and consumer demand for sustainable products, addressing several Environmental, Social, and Governance (ESG) concerns.
While specific financial metrics for Kraig Labs are not detailed in this report, the company’s investment appeal is enhanced by its innovative edge and potential to disrupt large, established markets with biodegradable alternatives. Financial incentives from governments and interest from industries seeking green alternatives could provide substantial revenue streams.
When Kraig Labs achieves its first commercial-size spider silk production run, the added value should be substantial, especially considering the following factors:
1. Market Positioning: Brining the first commercially viable bioengineered spider silk to market adds to Kraig Labs’ current leadership position in the next generation of advanced materials. This strengthened position should command premium pricing, especially in high-value markets like medical devices, aerospace, and defense.
2. Product Differentiation: Spider silk’s unique properties—such as its strength, flexibility, and biodegradability—offer significant advantages over traditional materials. This differentiation could allow Kraig Labs to penetrate various markets deeply, from textiles and apparel to more being specialized applications like surgical sutures and bulletproof vests.
3. Sustainability Appeal: Given the increasing consumer and corporate focus on sustainability, Kraig Labs’ ecofriendly spider silk could attract substantial interest from industries looking to improve their environmental footprint. This sustainability aspect could also open government subsidies or tax incentives, further enhancing its commercial value.
4. Scalability and Cost Efficiency: If Kraig Labs demonstrates that its spider silk can be produced on a commercial scale at a cost competitive with other high-performance fibers, this could rapidly accelerate adoption and increase the company’s market share in the materials sector.
5. Intellectual Property and Licensing: Many spider silk-based technologies will be patented, providing Kraig Labs with additional revenue streams through licensing agreements.
6. Collaborations: Commercial production could lead to strategic partnerships with major brands in various industries, enhancing Kraig Labs’ market reach and application spectrum.
Assuming successful scaling and market acceptance, for these fibers, the move to commercial production could significantly enhance Kraig Labs’ market capitalization, potentially by hundreds of millions of dollars, or more, depending on the scope and scale.
Kraig Labs just announced the completion of successful spring production trials. The company exclaimed, “These trials proved that the Company’s BAM-1 recombinant spider silk hybrids are ready for rapid production expansion. Simply stated, this has been the most fruitful and successful production cycle in the Company’s history.”
BAM 1 Cocoons from Kraig Labs Spring Spider Silk Production Trials, which yielded the Company’s most Fruitful and Successful Cycle
Observation and screening conducted throughout all phases of production exceeded all expectations for health and vigor within the colony. Not a single instance of disease or infection was detected at any point during the entire cycle. This result surprised local sericulture experts observing the trials. Working with mundane silkworms, they had never experienced an entire production cycle from egg to egg without any disease in a batch of thousands of silkworms.
“The BAM-1 parental lines have proven to be the strongest and most resilient we have ever fielded,” said Company founder and CEO, Kim Thompson. “This production run greatly exceeded our targets and has prepared us for the next phase of our business plan. With these production trials successfully concluded, we are now aggressively implementing the next phase of our business plan, which will expand our operations and target multiple production locations in multiple countries.”
Kraig Biocraft Laboratories’ spring production trials mark a groundbreaking moment in the field of material science and biotechnology. The company’s success in developing BAM-1 recombinant spider silk hybrids demonstrates not only the viability of their innovative approach but also sets the stage for significant scaling and commercial expansion. Thompson’s remarks underscore the importance of this milestone, highlighting the exceptional health and resilience of the BAM-1 lines throughout the production cycle—a feat never before seen by industry experts and a testament to the robustness of Kraig Labs’ genetic engineering capabilities.
This success propels Kraig Labs into the next phase of their strategic plan, which involves expanding operations across multiple countries. By doing so, they are not just increasing their production capacity but are also setting a new standard for the production of sustainable and high-performance materials. The implications of this expansion are profound, promising to meet the increasing demands for environmentally friendly materials in various industries worldwide. As Kraig Labs moves forward with its ambitious plans, it remains a key player to watch in the revolution of sustainable materials.
June 22 and July 7th are the same day?
I don’t see a connection between the two screen names other than that they both have “mojo” in the name.
They don’t even post on the same board. So what’s the point?
I don’t see any duplicity even if they were the same person. I’m not seeing the scandal here.
"With these production trials successfully concluded, we are now aggressively implementing the next phase of our business plan, which will expand our operations and target multiple production locations in multiple countries.”
Kim is initiating plan to fly right now. They've crawled, walked, & run for over a decade. They've proved the "drop in replacement" part of the claim to the locals.
Yes, big money in DS. That's what brought us all here.
"Not a single instance of disease or infection was detected at any point during the entire cycle. This result surprised local silkworm experts observing the trials."
Immunity worms were tested long ago. As we've heard today, Kraig possesses the technology to do it and it doesn't take long to ramp up. The locals have seen what KBLB can do with DS and that doesn't kill the mundane biz. They want both.
That's irritating. When it was still TD Ameritrade, it seemed to happen now and then. It wouldn't make the regular app, but it would be on the options (Thinkorswim) platform. Today's is not on Thinkorswim either.
I believe that little amount will be easy to come by. As confidence in the long awaited "credible production timeline" grows, the cost of securing that kind of earnest money drops. No doubt past offers meant ceding control to a certain degree. Those days of needing to settle are gone. The price to be in the front of the line of DS customers grows by the week.
We are sitting atop a super volcano. Several weeks in a row now have increased shareholder confidence exponentially each week, yet it’s not reflected in the share price.
Today’s PR could easily have been released as multiple different announcements. That tells me he’s got plenty of news to release between now and dropping little boy and fat man…
…Nobody was taking cover or prepared in any way because it was just a weather plane. So they ignored it. BOOM
I think this is setting up to go the same way.
“ His comments about quality, disease resistance and robustness are getting noticed and his confidence that a new standard may be being set by KBLB are words that will echo through the industry you can be assured.”
No doubt every member of the VSA that hasn’t been tapped for DS farming is wondering when they can get mundane worms that are disease free.
The mundane immunity worms alone would make KBLB the premier silkworm egg provider globally. That makes KBLB a strong buy regardless of DS adoption.
Well, whatever they’re doing, I’d like to see a marketing campaign get started by someone.
The news lately is fantastic but it seems to be exciting only for those of us in this echo chamber.
Plus side of that is realizing that we are sitting on a volcano.
I’d like to see Kim hire Adam Savage and Jamie Hyneman to conduct Dragon Silk tests on camera. That would definitely get people talking. lol
I'm not talking about boiling them for goo. I just mean boiling them as SOP in regular sericulture production. i.e. boil them to remove the sericin, kill the pupa, and reel the silk.
I know Kim has plans for the sericin and protein synthesis. I only mention it because I remembered he said this batch was for breeding, yet there are no holes in the cocoons.
Possible they collected them, snapped a pic, then put them somewhere else to let the moths do their thing.
No. That’s not what I’m getting at.
I’m suggesting that last photo may be for production and not breeding stock because there are no holes in them
Was wondering if you’d bother to move the cocoons off those racks if you’re going to let the moths emerge.
They may or may not. I can’t find any info on exactly where they would let the moths emerge if that were the plan. I’d think they’d stay put.
Those cocoons pictured have obviously been collected. Would you collect them if they are breeding stock? or leave them on the racks, let them be, and collect the eggs from the same trays.
Kim said yesterday…
“Over the next two weeks the Company will collect the moths from these cocoons to breed the next generation of production hybrid silkworms and conclude the critical parental line trial.”
Ok. But, when the moths emerge from the cocoons they leave a big hole in it rendering the silk useless.
The last photo in the PR shows a huge pile of cocoons without holes. Do they pull them off the trays to let them emerge somewhere else? Or do they let them emerge on those racks.
Or is that big pile in the photo headed for the boiling water?
FWIW, if you rewatch the videos of prodigy, you’ll see no floors like the one in today’s PR.
lol okay
That’s a pretty good post. But I still say your cost basis post was your greatest ever. I know you’re trying to break your own record. You’ll get there!
Yes. You’re dead wrong as usual. But don’t let that discourage you from contacting PETA and alerting them to the upcoming silkworm genocide. Although KBLB worms are healthier, that only means more will be boiled alive. Right now KBLB could use screaming protestors outside every office. We couldn’t pay for that kind of publicity!!
“Disease seems to be a fairly significant cause of silkworm mortality, killing between 10% and 47% of worms depending on the country. The country-to-country variation seems to be due to a combination of practices, disease prevalence, and environmental conditions. These high death rates suggest that disease reduction is potentially an area where improvements in conditions could not only improve silkworm welfare, but potentially could significantly decrease the number of animals killed by the industry (though this could reduce costs, potentially increasing demand for silk in the long-run).”
https://rethinkpriorities.org/publications/silk-production
“I'm surprised the share price hasn't moved. The last 2 press releases were quite significant.”
Agreed. It’s quite a reminder of how obscure this stock is. And of the incredible spike this stock will undergo once the market notices.
This is why I’d prefer Kings not be the recipient of the first metric ton shipment. It would require a huge marketing campaign to spread the word.
If it were UA, not so much.
No doubt something huge is in the works. Going to be quite a ride.
I agree! That “zero instances of disease in the colony” definitely did not go unnoticed by the VSA.
The immunity worms were the first thing I thought of when I read that.
Big news ahead!
“I'd love think India which generally is considered South Asia or Eastern South Asia. Dr. Nirmal Kumar could very well want to bring the new tech back to his home country.”
I suspect Dr Kumar (and Kim) have plans for India but I don’t believe Kim’s repeated references to Southeast Asia are meant to be hinting at India.
“Southeast Asia” the proper noun, means 11 specific countries. India not being one of them.
The ASEAN region includes 10 specific southeast Asian countries. (Including Singapore & Thailand)
Who knows though. But you’re right, it’s worth noting.
KBLB May be a bit further ahead than they’re letting on.
The VSA signing a deal was major. They signed the MOU and probably said…”you prove X to us and we’ll sign an actual contract, commit our resources, AND make a public statement.
Obviously the credible timeline was proved to them. That’s why i believe they’re further along than they have stated.
Of course I can’t prove it. But that, and the fact that Kim and the Indian guru have been in Vietnam for a month now… i suspect the first preliminary trial has been completed. So the VSA signed. A much larger scale test is underway.
Just a hunch.
“Potential customers just need to feel confident the company will be able to produce before making an announcement”
What was their confidence level when they signed deals with other companies? Obviously high or they wouldn’t have signed. But now they know all they got for their confidence was a few overpriced parkas, ties, & prototype shoes.
What are those same companies thinking now? They all want to be first to market. I’d say right now they’re calling their lawyers to find out if they’re stuck with their current spider silk suppliers.
They are watching. And they are now calling their partners and saying the same thing…”you told us that guy with the worms was NEVER going to be able to pull it off!”
Don’t forget that Jeff Dorton has a few contacts at UA on his speed dial.
With each PR since December, that “credible production timeline” that Jon said the company “hanging in my closet” needed in order to ink a deal with Kraig Labs becomes more and more credible.
They already presented a credible timeline to the VSA.
To any 800 lb gorilla that’s paying attention, it’s time to give Kim a call. Whether it’s in 3 weeks or 3 months, there’s tonnage coming. It’s time to part ways with the other companies and their parkas, ties, & shoes that never were.
MAJOR announcements coming in a matter of weeks!
I don’t see Kim selling too soon either. I think Kim wants to harpoon at least one whale in many different sectors.
He’ll sell when he’s accomplished what he set out to do:
* Engineering textiles
* Composites
* Cosmetics
* Defensive and protective textiles
* Bio-plastics that are biodegradable and bio-compatible
* Fiber optics
* Medical textiles, fibers, ligaments, wound dressings, skin grafts, and tissue engineering
* Protein synthesis.
Once there’s income from Vietnam the fuse will be lit. And he’s gonna do what they say can’t be done.
He’s not come this far to sell out for a measly few bucks.
That’s the second time he’s said “southeast Asia” rather than just Vietnam. Could just be referring to Spydasilk’s footprint in the region. Or not. You may be right about expansion into Thailand.
I suspect India is next. We’ll see.
Btw, you’ve got a great screen name!!! I’ve been saying that for years!
“The future is as bright as the sun during the eclipse today, almost blinding to Curbie and crew. “
Curbie? You talking about Gumby?
“which means that the Kings deal is probably dead.”
I hope you’re right. I don’t think so but I’ve always viewed that deal as an impediment to signing a deal with a company people have heard of.
It takes all of two minutes research to understand the number of global corporations standing in line for this product, and I never liked that they were stuck supplying an unknown initially.
Signed contracts are great. But the Kings name isn’t going to move the share price like a deal with UA would.
I’m fine if it’s still there. I’m happier if it’s not.
Great news for anyone needing stents. Spider silk could be the answer to a hemocompatible answer to avoid extended anti platelet therapy.
https://pubs.acs.org/doi/10.1021/acsami.3c17861
Well guess what Dick Zone, every one of yours is going to end like this if you don’t learn to get a grip on your ego. People have had enough of your bipolar bullshit.
“I was here being a dick long before either of you showed up…”
lol True. My apologies for attempting to claim the title.
In my defense, it’s crystal that I got sucker punched. Can’t blame me for fighting back.
That’s it? THAT’S your comeback?
Haven’t told one. It’s not a lie to think you’re a pompous narcissist that needs his ego stroked. Everyone was patting you on the back and you loved the ego stroking. Well, until you had to admit things.
Dang. Such a shame you mistook me for someone who takes bullshit.
And to think I stood up for you when everyone was calling you Dick Zone behind your back.
See. That wasn’t so hard was it.
Now admit that not everyone has all day to read every post and apologize to me for calling me a liar.
Just calling your bullshit.
The thread speaks for itself. I know exactly what you were trying to do and it was bullshit then, and it still is.
Stop being ridiculous and picking fights with people who are not your enemy. You’ve wasted a lot of everyone’s time just because you’re a narcissist.
LMAO
Spare me! You posted them with zero words. I called your bullshit with kid gloves.
Imjin pointed out your bullshit not as subtly albeit accurately…
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173916951
You have no reason to embarrass yourself like you are.
I said something reminds me of something else. I found out why So I posted it. You admit it’s irrelevant but just have to make sure you’re “right”. What a fragile ego.
So instead of saying “ hey I saw that. The status has no bearing on your overarching point but that patent was ultimately rejected”.
See? All without the need to drum up your past clear intent to deceive. I didn’t think so at the time, but the way you’re projecting makes it obvious. Imjin was clearly correct. You didn’t admit til I called you out.
Great work today. You called me a liar and I called you one. Happy Easter! lol
lol
No. I was the one who clarified it for everyone by asking you to explain your bullshit. People thought those were photos from prodigy and you knew that. (I can read minds too)
That’s how you do it. You don’t just respond in asshole mode.
God you’re a dickhead. I’d forgotten that about you
What’s my claim?
I didn’t post photos of a random truck being loaded in Vietnam and while hinting I had insider info on the inner workings of prodigy or anything like that.
That would REALLY be bullshit!
“Bullshit” like I made it up? Whatever.
Says pending on what I saw.
Could have missed it.
Don’t be such a dickhead.
It’s irrelevant
Why would the status of the patent make Kim’s expressed intent on getting into bio plastics and protein synthesis, and offering it as a possible explanation of why Kim PRd what he did, less interesting?
Did someone suggest that Kim getting into bio-plastics was dependent on that patent?
There’s gotta be a reason he PRd what he did.
Something in today’s PR reminds me of one of Kim’s patents that’s pending:
Today:
“This project used a new strain of Pseudomonas bacteria capable of converting depolymerized polyethylene into targeted recombinant proteins…While this approach using bacteria doesn’t directly create silk fibers, the potential impact of creating technologies to address the growing plastic waste and convert that into useful and biodegradable materials is very exciting.”
From the patent pending:
“Synthesis of Non-Native Proteins in Bombyx Mori by Modifying Sericin Expression”, moves beyond the heavy chain fibroin and creates opportunities for CO-PRODUCTION of non-fibrous proteins within sericin. Sericin is the stick glue-like protein holding the silk fibers together, making up roughly 20% of the cocoon, and is broadly considered a waste product. “