Kraig Biocraft Laboratories, Inc. (KBLB.OB) Aiming for Multi-Million Dollar Fiber
Kraig Biocraft Laboratories Inc. is a biotechnology company pursuing a unique protein expression system with the goal of producing a new generation of technical fibers. The company is making use of state of the art genetic techniques in order to develop a transgenic silkworm capable of producing spider silk. Specifically, the company is aiming towards a sub-sector of the “technical textiles” market known as the high-performance fibers market. All of the products in this area are significantly stronger than steel of the same weights and diameters. Due to this superior strength and toughness, these fibers have been widely adopted into…