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Friday, October 23, 2020 4:53:18 PM
•Kraig Labs has developed its first immune-enhancing genetic insert, designed to create disease-resistant silkworms.
•Generation II Spider Silk Technology- Essentially pure spider silk.
•Generation III Spider Silk Technology- More specific customization.
•The Company’s knock-in knock-out technology allows Kraig Labs to work with very complex protein sequences in silkworm, which are about four times more complex than published technologies.
•Dr. Trevor Kane, the Company’s Chief Scientific Officer, stated that his team is already working on producing even larger, more complex, constructs, based on the Darwin’s bark spider.
•Ambitious immunity boosting program will benefit not only the Company’s proprietary transgenics, but will help strengthen production for mundane silk market, which is a $5 billion a year industry.
•The New Technology, which is the result of over ten years of effort, hits the target of one of the Company’s primary technological goals and opens the door for large scale US production
•Preparing to fulfill material deliveries to numerous end markets that we are targeting for growth in 2020
•2019 brought us the beginning of production operations, perhaps the most significant milestone in the Company’s work to commercialize spider silk since the creation of the first transgenics.
•Kraig Biocraft Laboratories officially transitioned into the increased production and scalability phase of our operations. This operational focus will serve as the foundation in creating and maintaining long-term shareholder value. We are preparing to expand our footprint and deliver our largest ever commercial production of spider silk.
•Established Prodigy Textiles Ltd., our wholly owned Vietnamese subsidiary, which has been granted authorization and business licenses to open recombinant spider silk production operations.
•Signed a development agreement with a market leader in high performance textiles, to create the next generation of non-woven protective fabrics using spider silk.
•Secured a factory in Vietnam, to produce our recombinant spider silk, and signed agreements with suppliers and service providers to support growth.
•Produced the first sample of woven Dragon Silk fabric.
•Successfully completed a first of its kind, international shipment of transgenic silkworms.
•Established and staffed the Company’s first standalone R&D headquarters.
•Created new transgenics with the potential to surpass our existing technologies.
•Implemented new processes rapidly accelerating the pace of new transgenic development.
•Expanded our intellectual property position with additional provisional patent filings.
•Implemented new production quality control systems in preparation for rapid expansion.
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GLTA! Holding the Golden!!!
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