Kraig Biocraft Laboratories Launches Spider Silk Production at Recently Completed Higher Capacity Facility
KRAIG BIOCRAFT LABS INC (KBLB)
NASDAQ:AMEX Investor Relations:
kraiglabs.com/investors
Company Research
Source: GlobeNewswire
ANN ARBOR, Mich., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) ("the Company" or "Kraig Labs"), proudly announces the initiation of its first production cycle for the BAM-1 parental strains at its newly established production center. This new facility boasts a footprint eight times larger than its previous facility and, when fully utilized, has the capacity to support the production of 25 metric tons of spider silk per year. This transition to a larger facility marks a pivotal moment in the Company's growth and its commitment to transforming the textile industry. The new production center, strategically located to optimize operations and provide easy access to supporting infrastructure, is set to accelerate the Company's capacity for high-quality, bioengineered spider silk. This production center represents a monumental leap forward in capacity, enabling Kraig Labs to meet the demand for its groundbreaking spider silk materials and solidify its
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News
- Kraig Biocraft Laboratories Launches Spider Silk Production at Recently Completed Higher Capacity Facility [Yahoo! Finance]Yahoo! Finance
- Fed's Kashkari says 50 bps rate cut was 'right decision' [Yahoo! Finance Canada]Yahoo! Finance Canada
- Kraig Biocraft Laboratories Completes New Production Center, Expands Capacity more than Eightfold [Yahoo! Finance]Yahoo! Finance
- 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
KBLB
Sec Filings
- 8/16/24 - Form 424B3
- 8/14/24 - Form 10-Q
- KBLB's page on the SEC website