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Kraig Biocraft developing materials for ballistics
10
Dec '15
Kraig Biocraft, a developer of advanced spider silk based fibres said it is in the process of developing materials to be evaluated for ballistics performance during a conference call with shareholders.

“The company also responded to a request from the Government and plans on providing test articles to the Government for evaluation in 2016,” it stated in a press release.

Kraig also informed that recently, it teamed with a globally recognised performance apparel manufacturer to develop applications for the company's silk.

“The first test article was produced in late November and Kraig is now scaling up that work to produce additional testing samples, as the companies work together to identify a best first product,” it added.

The Vietnamese production agreement is also nearly finalised, with the full agreement drafted and going through comment process and it has also appointed a person who is shepherding the agreement.

Vietnam's excellent infrastructure would allow Kraig to efficiently produce quality fibres and it is also actively exploring alternative production countries as a backup to Vietnam.

Kraig is also establishing its Vietnamese subsidiary and is preparing to open an office in Ho Chi Minh City.

Kraig also stated that the management will look to uplist to a higher exchange upon completing near term commercialisation goals.

Dragon Silk's tensile strength increased by an additional 11 per cent, with a number of samples exceeding 2GPa, and is ready for scale and sale.

The company's transgenics are showing increased generation on generation performance improvements through its selective breeding program.

Kraig also successfully produced the first hybrid fabric combining Monster Silk with a synthetic in partnership with Warwick Mills and since it blended well, it opens opportunities for new blended fabrics.

Kraig concluded by saying that it remains true to its founding objective of developing the best performing fibres and currently maintains 11 unique transgenic lines and has seven additional lines under evaluation. (AR)

Fibre2Fashion News Desk – India


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