Kraig Biocraft Laboratories, Inc. (KBLB.OB) is a biotechnology company working on developing commercially significant polymers. Their proprietary genetic engineering technology is used to find solutions in material science. Kraig believes that these commercial polymers will have broad applications in the market for high-strength materials.
Kraig has obtained the exclusive rights to spider silk gene sequences, and uses this as the core of their technology. Spider silk is recognized as the strongest fiber produced in nature. The company’s only challenge is that there is currently no way to produce these fibers in commercially viable amounts. The company is working with two leading universities to put their proprietary genetic technology into practice for commercial production.
Kraig researches and develops through collaborative research and licensing agreements in the genetic field. The spider silk research has the potential to provide high-strength, lightweight materials for many uses, including bullet proof vests, suspension cables, seat belts, and artificial tendons and ligaments, to name a few.
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