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Thursday, September 23, 2021 8:11:57 AM
If they are ready to weave a thousand yards of material does that mean that the silk is in existing inventory and ready to be used?
This is from the pr Aug 27
The Company is pleased to announce that Prodigy Textiles, Kraig Labs’ Vietnamese subsidiary, has now produced enough silk to create a number of different fabric blends. These fabrics were designed in partnership with PL Kings for use in products under the jointly owned SpydasilkTM brand. The Company expected to have these fabrics produced in Vietnam by the end of the second quarter, but must now source mills outside of Vietnam. The increasing COVID-19 related restrictions in Vietnam and elsewhere are preventing the delivery of finished fabrics to PL Kings. The Company is now coordinating the export of its finished recombinant spider silk. This effort is being coordinated with PL Kings to identify alternative mills within the ASEAN region capable of producing these fabrics.
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