The acceleration to the second phase of the program is designed to increase production capacity of Monster Silk, the Company's recombinant spider silk, by more than tenfold over the first stage. Kraig's strategy calls on further accelerating the production program by initiating a third stage, if the program continues to meet its targets.
The first phase of the pilot production program for Monster Silk is continuing, even as phase two is being launched. The purpose of the program is to verify scalability and favorable production economics of Monster Silk, to significantly increase production, and to form the basis of large scale commercial production of the Company's recombinant spider silks.
"The initial success of the first stage has given us the confidence to accelerate the program," said Kraig founder and CEO, Kim Thompson. "We are now well ahead of the schedule that we envisioned even a few weeks ago. This is a critical step forward in the commercializing of our laboratory discoveries. The launching of stage two, which I view as the heart of the pilot production program, is the most exciting and momentous event in the Company's history, second only to our invention of Monster Silk."
About Kraig Biocraft Laboratories, Inc.
Kraig Biocraft Laboratories, Inc. is a fully reporting biotechnology company that has achieved a series of scientific breakthroughs in the area of spider silk technology with implications for the global textile industry.
Kraig Biocraft Laboratories, Inc
Apparel/Garments | On 25th Jun 2017
Adobe has released its first Digital Price Index for apparels,...
Textiles | On 25th Jun 2017
First Insight, a technology company transforming how retailers make...
Surat dominates foiling, embossing and pleating
Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd
Increasing prices and lack of demand main issues facing industry
Setting up a brand for online selling is easy, but running the brand is not
Coating at a fibre level is a practice not usually seen in the...
Swerea IVF AB
Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...
Iago Castro Asensio
RCfil Distribuciones S.L.
Iago Castro Asensio, International Business Manager of RCfil...
Bridal couture created with rich Indian heritage, exquisite craftsmanship...
"We should not compare India and the West. There are things we do that...
Silvia Venturini Fendi
"Yes, my confidence and positive attitude are my strengths and should be...
Textiles | On 24th Jun 2017