Kraig Biocraft Laboratories Completes New Production Center, Expands Capacity more than Eightfold [Yahoo! Finance]
KRAIG BIOCRAFT LABS INC (KBLB)
NASDAQ:AMEX Investor Relations:
kraiglabs.com/investors
Company Research
Source: Yahoo! Finance
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 parental line and a dedicated space for its BAM-1 hybrid hatchery, th
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News
- Kraig Biocraft Laboratories Completes New Production Center, Expands Capacity more than EightfoldGlobeNewswire
- Kraig Biocraft Laboratories Significantly Increases Spider Silk Reeling Efficiency, Boosting Per Cocoon Yield [Yahoo! Finance]Yahoo! Finance
- Kraig Biocraft Laboratories Significantly Increases Spider Silk Reeling Efficiency, Boosting Per Cocoon YieldGlobeNewswire
- Kraig Biocraft Laboratories Successfully Completes Third Commercial Spider Silk Production Cycle [Yahoo! Finance]Yahoo! Finance
- Kraig Biocraft Laboratories Successfully Completes Third Commercial Spider Silk Production CycleGlobeNewswire
KBLB
Sec Filings
- 8/16/24 - Form 424B3
- 8/14/24 - Form 10-Q
- KBLB's page on the SEC website