KBLB - Kraig Biocraft Laboratories, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.1962
-0.0077 (-3.78%)
At close: 3:43PM EST
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Previous Close0.2039
Open0.2040
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.1931 - 0.2040
52 Week Range0.0400 - 0.5100
Volume1,189,444
Avg. Volume1,078,876
Market Cap165.685M
Beta (3Y Monthly)1.26
PE Ratio (TTM)N/A
EPS (TTM)-0.0030
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Business Wire

    Kraig Biocraft Laboratories Completes Scale-Up Production Cycle of Recombinant Spider Silk Silkworms

    The Prodigy Textiles operations team finished removing the cocoons from mounting frames on November 6th and silk moths began emerging by November 9th. The breeding of the emerged moths is complete, with the specialized silkworm eggs now in incubation and expected to emerge shortly. Each female silk moth lays upwards of 200-500 eggs and, as previously announced, all of the emerged silk moths were dedicated to breeding stock expansion, to rapidly scale up the Company’s silk production capacity.

  • Business Wire

    Kraig Biocraft Laboratories Completes Rearing of First Production Batch of Recombinant Spider Silk Silkworm in Vietnam Factory

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announced today that its operations team at its Vietnamese subsidiary, Prodigy Textiles, has completed rearing the Company’s first batch of production silkworms. The Company’s specialized spider silk silkworms were hatched over a 7 day period starting on October 8th, while Jon Rice, the Company’s COO, was in Vietnam. The Company is already in the process of removing the finished cocoons from the mounting frames, which will be complete by November 6th.

  • Business Wire

    Kraig Biocraft Laboratories Spider Silk Facility to Break Corporate Production Capacity Records within First Months of Operation

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announced today that operations at its Vietnamese production facility, which just formally kicked off earlier this month, are on track to set new production capacity records for the Company. As expected, the first batch of production silkworms, announced earlier this month, are thriving on their diet of fresh mulberry leaves and the warm, humid climate at the facility in Vietnam. The Company expects that this first round of production will be complete within two to three weeks.

  • Business Wire

    Kraig Biocraft Laboratories Confirms Selection of Jon Rice as a New Inside Director for its Board of Directors

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk-based fibers, announces today that it has selected Jon Rice, the Company’s COO, to join its Board of Directors, as the Company advances and strengthens its corporate governance. Rice has served as the COO of Kraig Biocraft Laboratories since 2015. In this role, Rice has overseen and led operations at the Company’s domestic research and development headquarters, as well as the recent breakthroughs in the scale up of its international production operations, through its subsidiary, Prodigy Textiles Co., Ltd. Prior to joining Kraig Labs, Rice served in a series of leadership roles developing and marketing advanced power systems, developed under contract with the US Department of Defense, which were successfully leveraged into commercial spinoff products.

  • Business Wire

    Kraig Biocraft Laboratories Launches Spider Silk Production Scale up with New Delivery of Silkworms to Prodigy Textiles

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, is very happy to announce today that the Company has officially initiated commercial production scale up of its recombinant spider silk production at its Vietnamese subsidiary, Prodigy Textiles. During a trip this week Jon Rice, the Company’s chief operating officer, successfully delivered the Company’s specialized silkworm eggs to the production team, at Prodigy Textiles’ recently renovated factory. This moment marks a pivotal milestone in the commercialization and production of eco-friendly and cost effective recombinant spider silk.

  • Business Wire

    Kraig Biocraft Laboratories COO Travels to Vietnam to Assist Transition of Production Operations to New Factory

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that Jon Rice, the Company’s chief operating officer, will travel to Vietnam, this week, to work with the Company’s subsidiary, Prodigy Textiles, on the transition of silk production operations into its recently renovated facility in Quang Nam province. During this trip, Rice expects to review the completed facility improvements, coordinate operations with Prodigy Textiles senior staff and production workers, finalize production and transportation logistics, discuss production throughput rates and targets, as well as review the security and quality control systems being implemented.

  • Business Wire

    Kraig Biocraft Laboratories Management Travels to Vietnam to Oversee Prodigy Textiles Construction and Expansion

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that a senior member of its leadership team is travelling to Vietnam to oversee operations at the Company’s subsidiary Prodigy Textiles Ltd., construction at the Company’s new facility, and to coordinate the transfer of silkworms from the temporary facility into their permanent home. Management also anticipates meeting with provincial leaders to discuss further expansion of Prodigy Textiles production. During this trip, a senior official from Kraig Labs plans to interview and select candidates for several key positions, including operational and financial leadership roles within Prodigy Textiles.

  • Business Wire

    Kraig Biocraft Laboratories Promotes Dr. Trevor Kane to Chief Scientist

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that, in recognition of the magnitude of multiple recent achievements, Dr. Trevor Kane has been promoted to the position of Chief Scientist. His successes in creating new transgenics in the lab, and expanding our intellectual property portfolio with several new provisional patent applications, mark a significant milestone and advancement in Kraig Labs mission to produce and commercialize eco-friendly materials that exceed the performance and strength of native spider silk. “These new powerful transgenics, recently created by Dr. Kane’s team, were designed for broad commercial appeal.

  • Business Wire

    Spider Silk Production Breakthrough from Kraig Biocraft Laboratories

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today the creation of the next generation of recombinant spider silk using the Company’s new design, gene editing, and incorporation approaches. Kraig Labs designed this approach to customize mechanical properties for specific commercial markets and has demonstrated the ability to more quickly, accurately, and efficiently, generate new transgenics. This achievement marks a significant milestone in Kraig Labs’ mission to produce and commercialize eco-friendly materials that exceed the performance and strength of native spider silk.

  • Business Wire

    Kraig Biocraft Laboratories Submits Provisional Patent Applications on Multiple Spider Silk Technologies

    Kraig Biocraft Laboratories, Inc. , the leading developer of spider silk based fibers, announces today that it has submitted five new provisional patent applications, for technologies related to its recombinant spider silk technologies.

  • Business Wire

    Kraig Biocraft Laboratories Takes Possession of Factory in Vietnam

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that its subsidiary Prodigy Textiles has taken possession of its factory in Vietnam. The Company is now retrofitting the nearly 50,000 square foot facility to produce its game changing recombinant spider silk materials. “Our people on the ground in Vietnam are wasting no time getting this facility into operation.

  • Business Wire

    Kraig Biocraft Laboratories to be Featured in Upcoming Documentary Series on Combating Terrorism

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that its recombinant spider silk technology will be featured in a documentary focused on combating terrorism. The Company opened the doors of its R&D headquarters, for the first time to the media, to host a French documentary film crew and provided them with access to the process of creating its incredible spider silk technologies. Tougher and more flexible than competing materials, spider silk offers the promise of increased protection, comfort, and mobility in protective textile applications.

  • Business Wire

    Kraig Biocraft Laboratories Expands Production Footprint in Vietnam

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announced today that, through its subsidiary Prodigy Textiles, the Company has signed a new 5 year lease on a factory, expanding its production footprint in Vietnam. The roughly 50,000 ft2 facility in Quang Nam province is expected to play a major role in supporting the Company’s increasing production capacity of its proprietary recombinant spider silk technologies.

  • Business Wire

    Kraig Biocraft Laboratories to Expand Corporate Board of Directors

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, today announced that it has initiated the process of identifying qualified corporate leaders, to assist in the Company’s growth, as it plans to add two new independent corporate board directors. “With the successful delivery of our proprietary spider silk technology to Prodigy Textiles, our Vietnamese subsidiary, we are now moving into the production phase of our business plan.

  • Business Wire

    Polartec and Kraig Biocraft Laboratories to Bring First Spider Silk Fabrics to the Performance Apparel Market

    Polartec, the premium provider of innovative and sustainable textile solutions, and Kraig Biocraft Laboratories (Kraig) (KBLB), the biotechnology company focused on the development and commercialization of spider silk, announce plans to bring to market the first fabrics made from spider silk. Initially developed for specialized military applications, these first-of-their-kind materials made from recombinant spider silk will eventually service the global market for high performance textiles and apparel. Among the strongest fibers produced in nature, scalable and cost-effective production of spider silk represents a ‘holy grail’ of material science.