Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

AmSilk is probably not making a chimeric silk, but they are almost certainly not making a spider silk. Like Spiber, they are making a RSSP (recombinant spider silk protein). Why is this not a chimeric silk? I doubt they incorporated mundane silkworm protein sequences into their bacteria.

Like Spiber, there is a lot we don’t know about their fibers. But they produced 6 metric tons of fiber last year and have collaborations with Mercedes-Benz, Adidas, and an aviation manufacturer. They recently received 25 million euros from their venture capitalists to expand production.

No, we don’t know how strong their fibers are. No, we don’t know how much it costs to produce a metric ton. What we do know is that they are competing in markets that KBLB hopes to enter: technical and luxury textiles, medicine, and structural materials.

Until KBLB can actually make a product, they will remain the winners in this competition.

Ouch!