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WebSlinger

03/26/24 8:38 AM

#274870 RE: arachnodude #274868

It looks like the DOD has already given another company (Technology Holding) the inside track on spider silk.

That can't be good for shareholders.

"BioSynthetic Spider Silk Testing

Original Published Date: Aug 07, 2023

The Naval Air Warfare Center, Weapons Division, China Lake, CA intends to procure on an other than full and open competition basis the following item 1) Biosynthetic Spider Silk. This requirement is sole sourced to Technology Holding, Inc. 1515 W. 2200 S, West Valley City, UT as they completed the initial testing and have the knowledge/specific detailed materials to perform the new testing."

Bearish
Bearish