Kraig Biocraft Laboratories Significantly Increases Spider Silk Reeling Efficiency, Boosting Per Cocoon Yield [Yahoo! Finance]
KRAIG BIOCRAFT LABS INC (KBLB)
NASDAQ:AMEX Investor Relations:
kraiglabs.com/investors
Company Research
Source: Yahoo! Finance
that it has further boosted spider silk production with the introduction of new silk cocoon reeling protocols resulting in higher silk yields. Under the guidance of renowned sericulture expert, Dr. Nirmal Kumar, the Kraig Labs production team modified the processing of its finished silk cocoons, increasing total silk yields per cocoon and improving reeling performance. These mechanical changes to the processing and handling of the Company's spider silk cocoons resulted in a near doubling of reeling efficiency compared to the prior production runs. "Increasing processing efficiency and cocoon yield was one of Kraig's top three goals for increasing production," said Company founder and CEO, Kim Thompson. "Congratulations to the production team for these dramatic improvements. We anticipated many more months of work before seeing these results. Now we can focus on increasing individual cocoon size, and overall production volumes. I believe that even further gains in possessing yield
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News
- 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 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