Kraig Biocraft Laboratories Expands Facilities to Support Spider Silk Production Growth
ANN ARBOR, Mich., July 01, 2024 (GLOBE NEWSWIRE) — Kraig Biocraft Laboratories, Inc. (OTCQB:KBLB) (“the Company” or “Kraig Labs”), announces today that it has achieved full capacity at its current production location. Hitting this milestone was part of Kraig Labs’ expansion plans for the first half of 2024. The Company now reports that it is moving forward with its planned investment into additional production facilities.
Related news for (KBLB)
- Morning Market Snapshot: Small‑Caps and Bio Tools Jockey for Attention
- Kraig Labs Unlocks Spider Silk at Scale, Solving a Centuries-Old Problem of Nature’s Strongest Fiber
- Kraig Labs Unlocks Spider Silk at Scale, Solving a Historical Problem for Nature’s Toughest Fiber
- Palisade’s Blockbuster Raise and Kraig’s Next-Gen Textiles Light Up the Morning
- Innovation Threads Drive Microcap Momentum