We have not talked about Kraig Biocraft Laboratories Inc (OTCMKTS:KBLB) in quite some time here on Street Register. The company specializes in genetic manipulation of silkworms to create synthetic ‘spider silk’.
Over the past couple of weeks the company has produced a couple of key updates on its spider silk technology that we wanted to relay to our readers today.
Kraig Biocraft Laboratories Inc (OTCMKTS:KBLB) announced this week that its R&D team 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. Refusing to accept that answer, Kraig’s research team then took on the task directly.
Using a combination of distinct approaches, Kraig Labs successfully synthesized the highly complex set of spider silk protein construct designs. This new approach should accelerate the pace of its research and production rollout efforts, as well as reduce costs to develop new transgenics for new potential markets and applications.
The newly designed protein constructs are currently being prepared for incorporation into the Company’s spider silk platform technology. Due to their construction, these new designs may have the potential to produce new silk fibers with even greater strength and flexibility than the Company’s current generation of recombinant spider silk.
“Today’s announcement is another in a long history of Kraig Labs proving the impossible, possible,” said Jon Rice, COO. “From our first transgenic silkworms, to the creation of Monster Silk and then Dragon Silk, to obtaining approvals for international expansion, the Company has proven, time and time again, that we have the tenacity to reimagine what is possible. These new constructs and the ability to rapidly adapt them could open new and wider applications in military and high performance technical textile markets. Today we celebrate yet another example of how the Company is changing the rules in biotech development.” (Source: Business Wire)
KBLB also provided an update on progress towards the commercialization of spider silk technology following a previous announcement of the formation of its Vietnamese subsidiary, Prodigy Textiles Co,. Ltd. The Company views Prodigy as its main production arm for spider silk technologies. The Company is gearing up production of its proprietary spider silk silkworm eggs in preparation for shipment to Prodigy. These Silkworms are slated to be the first transgenics produced at Prodigy.
To bring Prodigy production operations online, Kraig Labs has accelerated Prodigy’s staffing and hiring plans. Key technical and administration positions within Prodigy have been identified and the Company is working with its consultants in Vietnam to fill these positions. Company management is now preparing to travel to Vietnam to oversee Prodigy’s launch, where they will also be oversee hiring core staff, the transfer of the Company’s spider silk silkworm technology, and the beginning of operations.
“Momentum at Prodigy is growing and we’re focused on the exciting milestones ahead,” said Jon Rice, COO. “We are busy preparing silkworm eggs for shipment and putting the team in place at Prodigy to hit the ground running. We are now taking concrete steps to build on all the work we’ve done in Vietnam and to convert that into a thriving operation for spider silk production.” (Source: Business Wire)
While it may seem KBLB more often makes claims of breakthroughs than it does deliver real world results, the company has had government funding for its tech research and has come a long way with its concepts. We are eager to see it eventually commercialize a real world spider silk product. We’ll stay up on any further developments with KBLB and pass them along to you! Stay locked on StreetRegister.com and be sure you’re signed up for our 100% free small cap newsletter. It’s as easy as that! Simply submit your primary active email address in the box below. Subscribe now!
Disclosure: No one at Street Register has been compensated in any way for the publishing of this article, nor do we hold any position in KBLB stock, short or long.