Kraig Biocraft Laboratories Inc (KBLB)

[GTman1]

I will add that the pandemic changed everything. It exposed the U.S.'s reliance on foreign countries for basic component parts. It was a national embarrassment. This entire executive order signed by the president is a response to that embarrassment.

This was not the case in 2016 during the original Army contract. Back then, they didn't care where we produced our spider silk. There were plenty of ways to circumvent the Barry amendment since there were no domestic producers of spider silk.

Kim and Jon thought we were going to get production rolling in Vietnam much sooner, and would be able to supply the army with a mass produced, uniform product, using expert sericulturists (not available in the U.S.). But in reality, they went through 5 years of red tape and getting the run-around from the Vietnamese government. Their business certificates were perpetually "just around the corner". Then they finally got the certs and licenses, and then a year later the pandemic happened. Add that to the multiple missteps that the company self-inflicted, sprinkled with some bad luck, and you get Kraig Labs riddled past. It has nothing to do with their incredible technology. And the Air Force will pay top dollar to on-shore this tech.

But no one should kid themselves thinking the 2016 situation is the same as our current one.