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Thursday, 02/27/2020 2:27:08 PM

Thursday, February 27, 2020 2:27:08 PM

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The Exciting Story of Kraig Biocraft Laboratories Inc (OTCMKTS: KBLB) 0
BY JACOB WATSON ON FEBRUARY 27, 2020 MEDIA & TECHNOLOGY, MICRO CAP INSIDER, SMALL CAPS

Kraig Biocraft Laboratories Inc (OTCMKTS: KBLB) is up big in a down market after the Company announced it is set to unveil a major scientific breakthrough in spider silk based polymers. Management will host an online presentation open to all press, stakeholders and interested parties on March 19. The fact they are inviting the press speaks volumes.

Microcapdaily has been covering KBLB in last year when we stated in July 2019 – “KBLB” move up started in April after the Company announced plans to bring to market the first fabrics made from spider silk. Initially developed for specialized military applications, these first-of-their-kind materials made from recombinant spider silk will eventually service the global market for high performance textiles and apparel. KBLB has been around for years developing their spider silk and bringing it to market represents a major breakthrough for the Company.

Kraig Biocraft Laboratories Inc (OTCMKTS: KBLB) is a biotechnology company focused on the development of commercially significant high performance polymers and technical fibers. Kraig Lab’s focus has been on the production of a transgenic silkworm incorporating specific gene sequences from the golden orb weaving spider. These specific gene sequences inserted are to enable the silkworm to spin a new recombinant fiber which incorporates spider silk proteins. With the scientific breakthrough announced on September 29, 2010, Kraig Labs is now working to commercialize the transgenic silkworms to compete in the garment industry silk market. The value for the chinese raw silk market alone is 3-5 billion per annum. With the creation of 20 seperate transgenic silkworms, all with unique properties, Kraig Labs is now working at an accelerated pace to build upon their first generation transgenic organisms to develop their second generation of transgenic silkworm incorporating spider silk proteins. The scientists nearly doubled the strength of the silkworm with these specific spider gene insertions. Their second generation of transgenics are expected to be complete in 2011. These second generation organisms are to be compared with the strength, flexibility and resiliency of the native spider in which the gene sequences are derived from. These fibers which will match the strength of spider silk are expected to compete in the technical textiles market valued in excess of 120 billion per annum. The 3rd generation organisms are currently in the planning phase. These organisms are expected to spin fibers exceeding the strength of native spiders and may incorporate gene sequences that release an antibiotic, or to help reduce scarring with use in bandages.

KBLB has been focused on the production of a transgenic silkworm for many years incorporating specific gene sequences from the golden orb weaving spider. These specific gene sequences inserted are to enable the silkworm to spin a new recombinant fiber which incorporates spider silk proteins. With the scientific breakthrough announced on September 29, 2010, Kraig Labs is now working to commercialize the transgenic silkworms to compete in the garment industry silk market.

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KBLB has long held that its genetically engineered protein-based fibers have properties that are in some ways superior to the materials currently available in the marketplace. For example, as noted above, the ability of spider silk to absorb in excess of 100,000 joules of kinetic energy per kilogram makes it a potentially ideal material for structural blast protection. Production of this material in commercial quantities holds the potential of a life-saving ballistic resistant material, which is lighter, thinner, more flexible, and tougher than steel. Other applications for spider silk based recombinant fibers include use as structural material and for any application in which light weight and high strength are required. We believe that fibers made with recombinant protein-based polymers will make significant inroads into the specialty fiber and technical textile markets.

While scientists have been able to replicate the proteins that are the building blocks of spider silk, the technological barrier that has stymied production until now has been the inability to form these proteins into a fiber with the desired mechanical characteristics and to do so in a cost effective manner.


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@KraigLabs
Kraig Biocraft Laboratories Set to Unveil Major Scientific Breakthrough in Spider Silk Based Polymers http://aweber.com/t/If7q3

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Currently trading at a $91 million market valuation KBLB is fully reporting OTCQB with just under $1 million in the treasury and manageable debt. KBLB has been around for years developing their transgenic silkworm incorporating spider silk proteins; a disruptive technology that addresses several multi-billion dollar markets. The Company has solid leadership behind it in CEO Kim Thompson and has already been featured in mainstream media. KBLB has a significant and loyal sharehlder base that is anxiously awaiting the major scientific breakthrough in spider silk based polymers set to be unveiled on March 19. We will be updating on KBLB when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with KBLB
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