KBLB - Kraig Biocraft Laboratories, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.04935
+0.00135 (+2.81%)
At close: 3:33PM EST
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Previous Close0.04800
Open0.00000
Bid0.00000 x 0
Ask0.00000 x 0
Day's Range0.00000 - 0.00000
52 Week Range
Volume0
Avg. Volume834,283
Market Cap40.313M
Beta (3Y Monthly)2.99
PE Ratio (TTM)N/A
EPS (TTM)-0.00100
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Business Wire9 days ago

    Kraig Biocraft Laboratories Begins Scale up of Second Generation Dragon Silk

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that it has begun the scale up of its recently announced second generation Dragon Silk. Consistent with the Company’s history of creating performance driven recombinant spider silk, this new material was specially designed at Kraig Labs’ Michigan research headquarters for application in protective textiles, where increased strength and decreased flexibility are expected to provide improved protection. Scale up of Dragon Silk 2.0 is well underway, with the production team already raising tens of thousands of the new transgenic silkworms at the Company’s US based pilot production facility.

  • Business Wire17 days ago

    Kraig Biocraft Laboratories selects new high performance recombinant spider silk for delivery to US ARMY

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that, working under its contract with the US ARMY (“Army”), it developed a strain of genetically engineered silkworms that better match the physical properties required for applications in protective textiles. Through the use of its fiber performance testing capabilities, paired with a select breeding program, the Company created a strain that is stronger, yet less elastic, than the original Dragon Silk.

  • Business Wirelast month

    Kraig Biocraft Laboratories prepares for shipment of recombinant spider silk silkworm eggs to Vietnam

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that it is finalizing the details of its first shipment of the Company’s proprietary recombinant spider silk silkworm eggs to Vietnam. The Company is coordinating the details of this shipment with senior officials within key central Vietnamese government ministries, as well as senior leadership within Quang Nam province. Kraig Labs will be working, in cooperation with leading sericulture experts in Vietnam, to demonstrate the performance and capabilities of the Company’s uniquely developed silkworms, as it moves to expand the production of its recombinant spider silk from pilot to full scale production.

  • Business Wire2 months ago

    Kraig Biocraft Laboratories Accelerates Development of New Recombinant Spider Silk Fibers

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers announces today that it has implemented two major advancements in the development of next generation recombinant spider silk fibers. These advancements are the result of new equipment and recently employed protocols at the Company’s R&D headquarters, based in Michigan. The Company expects to see higher throughput as this approach should result in shorter times to generate new transgenics.

  • Business Wire3 months ago

    Kraig Biocraft Laboratories Delivers Ballistic Shootpack Panels to U.S. Army

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that it has delivered ballistic shootpack panels to the U.S. Army made from the Company’s proprietary Dragon Silk™ material. Dragon Silk is a genetically engineered spider silk which mimics the strength and toughness found in native spider silk, but which can be produced at large quantities through the Company’s specially developed silkworms. This approach of adapting the existing production infrastructure is the key differentiator between the Company and others working to produce spider silk materials.

  • Business Wire4 months ago

    Kraig Biocraft Laboratories Reports Farming Cooperatives Break Ground in Vietnam

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that work has begun under the collaborative agreement signed between the Company and several farming cooperatives in Quang Nam Province, Vietnam. As part of the agreement reported earlier this month, these farming cooperatives have now begun planting mulberry. This mulberry is the key input for the Company’s newly formed subsidiary, Prodigy Textiles, its proprietary hybrid silkworms, and the commercialization of the Company’s recombinant spider silk materials.

  • Business Wire4 months ago

    Kraig Biocraft Laboratories Accelerates Its Spider Silk Production Ramp up, the Result of Recent Meetings with Senior Vietnamese and US Embassy Officials

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that Jon Rice, the Company’s COO, held meetings with senior Vietnamese officials in Quang Nam, and US government officials at the US Embassy in Hanoi, Vietnam, to advance its production ramp-up plan for Prodigy Textiles Co., Ltd. The Company has already received its business license for Prodigy Textiles and its investment authorization for up to $2.2 million to fund the first phase of its spider silk commercialization scale up efforts in Quang Nam.

  • Kraig Biocraft Laboratories Subsidiary Prodigy Textiles Signs Agreements for Mulberry Production
    Business Wire4 months ago

    Kraig Biocraft Laboratories Subsidiary Prodigy Textiles Signs Agreements for Mulberry Production

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers announces today that its subsidiary, Prodigy Textiles, has signed three agreements with local farming cooperatives in Quang Nam province, Vietnam. Under these agreements the farmers will produce the mulberry necessary to support the Company’s recombinant spider silk production. This collaboration with local farmers is a key element of Kraig Labs commercialization strategy, integrating advancements in high tech agriculture and a diverse supply base with the Company’s ground breaking spider silk production technology.

  • Kraig Biocraft Laboratories Celebrates the Opening of Prodigy Textiles Co. Ltd., Facility in Quang Nam, Vietnam
    Business Wire4 months ago

    Kraig Biocraft Laboratories Celebrates the Opening of Prodigy Textiles Co. Ltd., Facility in Quang Nam, Vietnam

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces that, during its trip to Vietnam last week, the Company celebrated the grand opening of Prodigy Textiles’ new facility in Quang Nam province. This facility will have the capacity, utilities, and security to support the planned capacity growth in Vietnam through the first phase of operations and will be the launch pad for future expansion on a pre-designated 50 hectare parcel of land located nearby. Working in partnership with its consultants in Vietnam, the Company reviewed numerous buildings and locations throughout the province.

  • Business Wire4 months ago

    Kraig Biocraft Laboratories Management Travels to Vietnam to Oversee the Opening of Its Spider Silk Production Subsidiary, Prodigy Textiles

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk-based fibers, announces today that Jon Rice, the Company’s COO, is in Vietnam this week reviewing the new facility, interviewing potential hires, and meeting with local officials, as the next phase in launching operations at its newly formed production subsidiary, Prodigy Textiles Co. Ltd. This trip marks the first time that Company management will be on the ground in Vietnam, since receiving its investment and enterprise registration certificates, the essential business licenses the Company had worked diligently to secure. Mr. Rice will remain in Vietnam through the end of the week, ensuring that the factory is on track to receive its first delivery of its proprietary hybrid silkworms.

  • Business Wire5 months ago

    Kraig Biocraft Laboratories Works with Local Cooperative to Expand Mulberry Production in Quang Nam, Vietnam

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that the Company’s representatives in Quang Nam province, Vietnam are working, in collaboration with a local cooperative, to expand mulberry production. This effort is a major element of the Company’s production expansion plans and marks a significant increase in capacity. News of this collaboration was recently published in a leading Vietnamese digital media outlet, which highlights the efforts to focus on high technology agriculture and re-energize the Vietnamese share of the multi-billion dollar sericulture industry.

  • Business Wire5 months ago

    Kraig Biocraft Laboratories produces first roll of pure Dragon Silk fabric for U.S. Army

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers announces today that it has just finished the production of its first roll of pure Dragon Silk fabric, marking the first time that the Company’s proprietary recombinant spider silk fibers were used to create a 100% pure woven silk fabric. The Company is now preparing to assemble the Dragon Silk material into finalized ballistic shoot packs, per the U.S. Army specifications.

  • Business Wire5 months ago

    Kraig Biocraft Laboratories Deploys New Spider Silk DNA Synthesis Methodology

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk-based fibers, announces today that the Company has completed more than 2,500 microinjections using the recently announced new spider silk DNA synthesis methodology. This new method allows for faster creation of larger and more complex spider silk proteins. To support this expanded research and development capability, the Company added two laboratory staff for increased testing throughput.

  • Business Wire6 months ago

    Kraig Biocraft Laboratories Develops New Breakthrough Spider Silk DNA Synthesis Protocols Accelerating Time to Market for New Products

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that its R&D team has achieved a major breakthrough in the construction of DNA encoding for spider silk proteins. With this new capability the Company believes that it should be able to reduce the customization timeframe, for new spider silk technologies, by several months. The new protocols were developed after Kraig Labs reached out to leading DNA synthesis facilities, which all stated that construction of the desired sequences would be practically impossible, due to the unique structure of spider silk proteins.

  • Business Wire6 months ago

    Kraig Biocraft Laboratories Takes Next Steps in Prodigy Textiles’ Spider Silk Commercialization Program

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk-based fibers, provides an update on progress towards the commercialization of spider silk technology following last week’s announcement of the formation of its Vietnamese subsidiary, Prodigy Textiles Co,. The Company is gearing up production of its proprietary spider silk silkworm eggs in preparation for shipment to Prodigy.

  • Kraig Biocraft Laboratories Granted Long Sought License for Business Operations in Vietnam; Prepares for Grand Opening
    Business Wire7 months ago

    Kraig Biocraft Laboratories Granted Long Sought License for Business Operations in Vietnam; Prepares for Grand Opening

    Kraig Biocraft Laboratories, Inc. , the leading developer of spider silk based fibers, is very happy to announce today the positive result of its five years of working with the Vietnamese government at both the central and provincial levels: The Company has been issued its long awaited Enterprise Registration Certificate required to begin its operations in Vietnam.

  • Business Wire7 months ago

    Kraig Biocraft Laboratories Announces Registration of New Vietnamese Subsidiary, Prodigy Textiles Co. Ltd.

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that it has received approval for the establishment of its new Vietnamese subsidiary, Prodigy Textiles Co. Ltd. The Company is happy to announce it has received, from Vietnam, its official investment registration certificate for the new subsidiary. The establishment of the Company’s first subsidiary is seen by management as a major milestone toward its long term goal of establishing large scale spider silk production.

  • Business Wire7 months ago

    Kraig Biocraft Laboratories Releases a Statement Regarding Spider Silk Industry

    Kraig Biocraft Laboratories, Inc. (KBLB) (“Company”), the leading developer of spider silk based fibers, releases the following statement regarding developments in the growing Spider Silk Industry. Spider silk’s toughness is said to be 10 times greater than steel and some silks are nearly as elastic as rubber. According to some studies, spider silks can be two to three times tougher than even Kevlar, which explains why so many researchers have targeted this fiber for protective clothing and body armor applications, as well as other potential military applications including technical undergarments and more practical ropes.

  • Business Wire7 months ago

    Kraig Biocraft Laboratories’ New R&D Facility Extends Its Competitive Advantages and Prepares for Large Scale Production

    Kraig Biocraft Laboratories, Inc. , the leading developer of spider silk based fibers, announces follow up to its recently introduced new Hybrid Spider Silk Silkworm Cocoons, which were produced at the Company’s new research and development facility.