Following the successful delivery of its first sample production run from its factory in Vietnam, the Company has further accelerated its expansion by doubling planned near-term silk output. To support this expansion, the Company has outlined plans to more than double the staff at its Prodigy Textiles subsidiary.
The silk resulting from this month’s operations is expected to begin filling existing material requests and contract deliverables to M the Movement, PL Kings. The Company is actively working now to develop the first line of apparel based on the unique properties of spider silk.
“Last month our team at Prodigy Textiles set the stage with the delivery of the first production samples of our recombinant spider silk. This month that team is delivering on the promise of a cost-effective and commercially scalable spider silk production system,” said COO Jon Rice. “I am very excited for the opportunities ahead for Kraig as we prepare to bring our spider silk to market.”
****** many companies are requesting sample deliveries.
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