Kraig Biocraft Laboratories Launches Spider Silk Production at Recently Completed Higher Capacity Facility [Yahoo! Finance]
KRAIG BIOCRAFT LABS INC (KBLB)
NASDAQ:AMEX Investor Relations:
kraiglabs.com/investors
Company Research
Source: Yahoo! Finance
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 leadership in bio-engineered fibers. This facility was built to address the production space requirements for 2025 and to create a foundation for future expansion. With this proven production blueprint established, the Company anticipates building out additional production capacity in 2025 to bring additional silk production capacity online for 2026. "We are thrilled to embark on this new chapter in Kraig Labs' journey," said Company Founder and CEO, Kim Thompson. "Launching this first production cycle at this greatly expanded facility is not only a testament to our team's dedication and hard work
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News
- Fed's Kashkari says 50 bps rate cut was 'right decision' [Yahoo! Finance Canada]Yahoo! Finance Canada
- Kraig Biocraft Laboratories Launches Spider Silk Production at Recently Completed Higher Capacity FacilityGlobeNewswire
- 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