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Wednesday, April 26, 2023 3:58:36 PM
There is a big difference between the $37,000/kilo production costs mentioned on the KBLB website for this process and the $761/kilo the paper proposed for a “Pioneer Plant”. Specifically the costs have been cut by 98%. I never said that Spiber had hit the $23/kilo mark, only that the paper indicated sub-$100 costs were achievable. I don’t remember your estimation about manufacturing costs, but they struck me as much closer to $37,000 than to $761.
$761 for a kilo of textile fibers is not a sustainable price for clothing applications. Spiber would have to do better or go out of business. If their fibers are only as strong as the one I recently posted (that used proteins from mussels to increase strength), then mundane silk is stronger and there is no reason to brew such fibers — as I mentioned in a previous post.
In summary: I don’t know how much it costs for Spiber to make their fibers. I don’t know how strong they are. I understand the protein length/yield trade off. You could be absolutely correct that they are making fibers weaker than mundane silk and a lot more expensive than mundane silk. If so, the investors who dumped hundreds of millions of dollars into Spiber are going to be disappointed. They may be that foolish, or perhaps Spiber has some tricks up their sleeve we don’t know about. Usually people who drop hundreds of millions of dollars into a company ask hard questions and don’t write checks unless they get good answers. But Theranos reminds us that people with big checkbooks can be duped by a savvy con man (or woman).
I also don’t know a lot about KBLB: how tough their current fibers are, how much they cost, what the yield is, or why they keep struggling to produce commercial quantities. That is even more concerning to me than Spiber. If Spiber goes belly-up, I haven’t lost a dime. If KBLB goes belly-up, I’ve lost lots of them.
Recent KBLB News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 06/10/2024 08:30:30 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/04/2024 04:15:03 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/22/2023 09:31:54 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/16/2023 09:30:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:43:51 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/11/2023 08:30:50 PM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 09/01/2023 08:30:52 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:35:05 PM
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