Kraig Biocraft Laboratories Inc (KBLB)

[EOT]

I’d say with the HUGE SUCCESS announcement and then mass production right afterwards.... We are looking at a NEW contract!! MUCH BIGGER!!!



October 30th.....

KRAIG BIOCRAFT LABORATORIES SELECTS NEW HIGH PERFORMANCE RECOMBINANT SPIDER SILK FOR DELIVERY TO US ARMY

Specifically created in response to input from the Army, based on requirements for antiballistic applications, this new strain of recombinant spider silk silkworms is the second phase of the Company’s development agreement with the Army. Kraig Labs delivered shootpack panels to the Army, earlier this summer, made of its original Dragon Silk material and those panels are awaiting testing.

“When the Army chose to award the second phase of this project we knew that we were given a great opportunity to prove the power of our technology and our approach using silkworms,” said COO, Jon Rice. “Today we’re thrilled to announce that our work was a success and that we now have a line of silkworms that produce a recombinant spider silk better matched for the demands of protective textile applications. We expect this new strain will play a critical role in our expansion and commercialization of spider silk far beyond the market for bullet proof vests.”

Over the next several months Kraig Labs plans to scale up the production of this new recombinant spider silk fiber at the Company’s domestic facility, in order to fulfill the second phase deliverables to the Army.





November 7th......
Scale up of Dragon Silk 2.0 is well underway, with the production team already raising tens of thousands of the new transgenic silkworms at the Company’s US based pilot production facility. Over the next 30 days, Kraig Labs anticipates scaling up production volumes of this new silkworm strain into the millions, as it prepares to create the first silk threads and fabrics made of this next generation recombinant spider silk.

Further, the Company is laying the groundwork to partner with experts in multicomponent thread design and spinning, to develop new specialty threads blending the performance spider silk with other traditional materials. This work is expected to develop threads and fabrics focused specifically on products for the performance wear and other closely linked market segments.

“The ability to rapidly scale up this newly announced material, from initial testing to pilot scale production, is a major differentiator in our approach, which utilizes silkworms and the existing global silk infrastructure,” said COO, Jon Rice. “The current global infrastructure, equipment and skilled labor, is able to produce more than 150,000 metric tons of conventional silk per year. Our recombinant spider silk silkworm technology is a direct drop-in replacement for traditional silkworms and allows us to move quickly, with minimal investment, to bring new products to market.”