Kraig delivers first genetically engineered silkworms to Vietnam

ANN ARBOR – Kraig Biocraft Laboratories Inc. (OTC: KBLB), the Ann Arbor-based developer of advanced fabrics produced by recombinant DNA technology, announced that it had successfully delivered the first two shipments of its genetically engineered silkworms to its mulberry plantation in Vietnam.

Kraig has spliced spider genes into silkworms, which leads them to spin cocoons whose silk has some of the high-strength attributes of spiderweb silk.

The company said the announcement is the culmination of more than 5 years of work, and challenging negotiation, with the government of Vietnam.  The silkworms from these first two shipments have already hatched and are now enjoying a fresh mulberry diet, so, for the first time in history, the global demand for spider silk materials has a viable, cost effective, and scalable means of production.

“The dream of commercializing our powerful technology is now materializing,” said Kraig COO Jon Rice. “This marks a dramatic leap forward in Kraig Labs’ business plan for commercial production and mass marketing of cost effective recombinant spider silk, and becomes the foundation for an entirely new industry. To our long-term shareholders, who have taken this journey with us, as well as our team in the U.S. and Vietnam, who have worked tirelessly to make this dream a reality, I cannot thank you enough. As we start the New Year, full of new opportunity, we truly have something incredible to celebrate.”

Company officials said they have been working with leading sericulture experts, biotechnology institutions, and governmental agencies in Vietnam in the effort, and are  currently finalizing renovation plans for a 46,000-square-foot production factory in Quang Nam Province, Vietnam.

Added Kraig CEO and founder Kim Thompson: “Our plan has always been to bring our technology to the silk producing regions of the world for rapid scale-up. Today we see the fruits of that effort.  With its massive silk infrastructure and production capacity, Vietnam is an ideal location to launch our technology scale-up. Congratulations to our team and shareholders, as we prepare for the realization of large scale production.”

For more information on Kraig’s spider silk technology, click here.

 

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