Kraig Biocraft Laboratories Increases Spider Silk Production with Next Generation of Hybrid Eggs Completed [Yahoo! Finance]
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KRAIG BIOCRAFT LABS INC (KBLB)
NASDAQ:AMEX Investor Relations:
kraiglabs.com/investors
Company Research
Source: Yahoo! Finance
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 August weather cycle, which typically sees a reduction in traditional silk production due to heavy rains and suboptimal rearing conditions. "The first half of 2024
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News
- Kraig Biocraft Laboratories Expands Facilities to Support Spider Silk Production Growth [Yahoo! Finance]Yahoo! Finance
- Kraig Biocraft Laboratories Expands Facilities to Support Spider Silk Production GrowthGlobeNewswire
- Kraig Biocraft Laboratories Increases Spider Silk Production with Next Generation of Hybrid Eggs CompletedGlobeNewswire
- Kraig Biocraft Laboratories Successfully Completes Cocooning in First Commercial Production Run of BAM-1 Spider Silk Hybrids [Yahoo! Finance]Yahoo! Finance
- Kraig Biocraft Laboratories Successfully Completes Cocooning in First Commercial Production Run of BAM-1 Spider Silk HybridsGlobeNewswire
KBLB
Sec Filings
- 6/10/24 - Form 424B3
- 6/4/24 - Form EFFECT
- 5/29/24 - Form POS
- KBLB's page on the SEC website