Kraig Biocraft Laboratories Completes New Production Center, Expands Capacity more than Eightfold
KRAIG BIOCRAFT LABS INC (KBLB)
NASDAQ:AMEX Investor Relations:
kraiglabs.com/investors
Company Research
Source: GlobeNewswire
ANN ARBOR, Mich., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) ("the Company" or "Kraig Labs"), announces today that it has completed the second wave of its production expansion and is now transitioning spider silk manufacturing operations to its new, larger production center. Following the overwhelming success of the spring production trials, Kraig Labs outlined a strategic investment plan to rapidly scale its production capacity, slated to take part in two waves. The first phase was completed in July, providing the necessary space for the Company to operate through the rainy season. The second and larger project was the construction of a new production center for the Company’s spider silk manufacturing operations. Kraig Labs kicked off construction for this new production center in July. The new facility increases the Company’s rearing capacity by more than eight times its current operations. With dedicated production spaces for each BAM-1 p
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News
- Kraig Biocraft Laboratories Announces Successful Completion of Latest Recombinant Spider Silk Production BatchGlobeNewswire
- Kraig Biocraft Laboratories to Host Upcoming Investor Web Conference Highlighting Commercialization Progress of Spider Silk Technologies [Yahoo! Finance]Yahoo! Finance
- Kraig Biocraft Laboratories to Host Upcoming Investor Web Conference Highlighting Commercialization Progress of Spider Silk TechnologiesGlobeNewswire
- Kraig Biocraft Laboratories Nears Completion of Largest Production Batch of Parental Line Spider Silk SilkwormsGlobeNewswire
- Kraig Biocraft Laboratories Leverages New Production Center for Largest Ever Batch of Spider Silk Parental Lines [Yahoo! Finance]Yahoo! Finance
KBLB
Sec Filings
- 11/19/24 - Form 424B3
- 11/13/24 - Form 10-Q
- 11/4/24 - Form SEC
- KBLB's page on the SEC website