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0.0195428949983439 0.0195428949983439 0.0195428949983439 0.0195428949983439 -0.00960582974494852 -0.0129181848294136 -0.0327923153362039 -0.0843325604504804
Stock impact report

Kraig Biocraft Laboratories Increases Spider Silk Production with Next Generation of Hybrid Eggs Completed

KRAIG BIOCRAFT LABS INC (KBLB) 
NASDAQ:AMEX Investor Relations: kraiglabs.com/investors
Company Research Source: GlobeNewswire
ANN ARBOR, Mich., June 25, 2024 (GLOBE NEWSWIRE) -- Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) ("the Company" or "Kraig Labs"), announces today that it has expanded its production of spider silk with the creation of the next generation of BAM-1 hybrid. Kraig Labs recently announced the successful production of the first BAM-1 hybrid cocoons early this month. That production cycle ended with the significantly scaled-up output of hybrid eggs. These eggs were produced through careful selective breeding of the BAM-1 parental strains raised during this rearing cycle. Based on the strong results of the last production batch, Kraig Labs elected to increase egg production this cycle. This represents the largest egg production in the Company's history. These eggs are slated for rearing within the next 30 days. The Company's team is coordinating its rearing efforts and operational plans, for the next 60 days, to optimize its spider silk output, while factoring in the Augus Show less Read more
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