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Kraig Biocraft Laboratories, Inc. (symbol: KBLB) is a biotechnology company specializing in the development and commercialization of spider silks. Leveraging genetic engineering research, the company has created a practical and cost-effective technology for producing recombinant spider silk fibers on an industrial scale. Their innovative spider silk technology is set to revolutionize the global textiles industry with stronger and more flexible fibers. They are moving rapidly towards commercializing their spider silk technology and continue to work with leading laboratories to enhance their spider silk-based fibers. With a strong focus on product development and genetic research, Kraig Biocraft Laboratories aims to provide effective solutions to global challenges through sustainable and environmentally friendly practices.
Kraig Biocraft Laboratories (OTCQB: KBLB) announced its preparation for a response to the U.S. Air Force under the Defense Production Act Investments program. This initiative aims to bolster U.S. bio-industrial manufacturing capabilities, specifically targeting materials like spider silk. Kraig Labs is set to submit its detailed response by April 19, 2023. While this does not guarantee funding or a proposal request, it signifies the growing interest in biomanufactured materials. COO Jon Rice expressed optimism about Kraig's role in enhancing domestic biomanufacturing and updating the DoD on its advancements.
Kraig Biocraft Laboratories (OTCQB: KBLB) has announced the creation of two senior-level genetic engineering positions within its research and development team in the U.S. This expansion aims to enhance the team's capabilities, accelerating the development of spider silk technologies. The company expects these new roles will significantly increase research throughput, allowing for faster transition from concept to production for various spider silk protein designs. COO Jon Rice emphasized the potential for advancing new materials and transgenics in this exciting phase for the company.
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