Friday, May 19, 2023 6:52:50 PM
This is no different than semiconductors. The US military isn't in the business of creating their own manufacturing facilities that produce semiconductors. But they need semiconductors for their own research and applications in microchips for computing and weapons systems. This was the basis of the CHIPS act. These federal programs that were created in response to the embarrassing supply chain issues caused by the pandemic all have the same theme: Grant funding for important technologies that need to be on-shored for domestic production, and do it at all costs. This way the U.S. can be self sufficient in sourcing important components.
KBLB doesn't need to do research into making ballistic armor, ropes, or tents, etc. They will get funding to become a domestic source of spider silk, and the AF will do research into making spider silk into products they can use. KBLB just needs the funding to make spider silk domestically, and spider silk is a resource that the DOD has specifically named as an important component.
To think the AF would not be interested in funding Kraig Labs is ludicrous.
Recent KBLB News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 08/16/2024 09:00:29 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:30:52 PM
- 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
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