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Saturday, April 05, 2014 10:58:31 AM
That work is scientifically sound, but with production costs that could exceed $100,000 per kilogram, it is difficult to see how these programs could capture a significant part of the textile market. Kraig is able to produce its genetically engineered spider silks, including Monster Silk™, at less than 1% of that cost.
There is our first look at our costs.
Less than $500 a pound.
So the costs of our silk is under $10000 a ton. High grade silk is about $60000 a ton. So we will be better than 60% Profit margin.
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