Kraig
Biocraft Laboratories, the biotechnology company focused on the development and
commercialisation of spider silk, announces that the company received its first
small shipment of spider silk from Prodigy textiles, its wholly-owned
Vietnamese subsidiary.
The
company has received fibre requests from a broad range of interested parties,
including companies that produce products in the fields of sports apparel,
industrial textiles, first responder supplies, medical products, and other
manufacturers. In order to meet this
demand, the company established Prodigy Textiles to scale up the production of its
recombinant spider silk fibres, threads, and textiles.
The
company’s operations at its Prodigy Textiles facility are now moving forward to
significantly expand the company’s spider silk production. The company expects to begin filling the
backlog of material requests, including requests from Polartec LLC and
MtheMovement, as this added capacity comes online.
“I
want to thank the Prodigy Textiles team for making this milestone possible and
setting the stage for our expansion. This helps us transition from being the
leading developer of spider silk technologies to the producer and supplier of
high quality spider silk fibres,†said Jon
Rice, the Company’s Chief Operations Officer. “Now we can focus on meeting the substantial
demand for spider silk and solidifying market channel partnerships to reach our
goal to develop and bring new products to market.â€Â
Kraig
Biocraft Laboratories, a reporting biotechnology company, is a developer of
genetically engineered spider silk based fibre technologies.