Kraig Biocraft Laboratories Delivers First Dragon Silk Fiber Samples to US Army | Apparel Resources
Home » News » Retailers News » Kraig Biocraft Laboratories Delivers First Dragon Silk Fiber Samples To Us Army

Kraig Biocraft Laboratories Delivers First Dragon Silk Fiber Samples to US Army

By Nasdaq Ι May 19, 2017

Share: 
      Newsletter

ANN ARBOR, Mich., May 19, 2017 (GLOBE NEWSWIRE) — Kraig Biocraft Laboratories, Inc. (OTCQB:KBLB) (“Company”), the leading developer of spider silk based fibers, today announced that it has delivered the first samples of Dragon Silk to the US Army for independent testing.  The Company provided several samples of individual silk filaments as well as finished Dragon Silk thread for evaluation.

“We are pleased to report that we have delivered the first samples of Dragon Silk to our US Army sponsor for independent performance confirmation,” said the Company’s COO Jon Rice.  “These samples mark the starting point for what we hope will be a long lasting and profound impact on protective equipment for those dedicated to protecting us.  The speed that our Indiana facility was able to ramp up to meet this request helps to confirm, that we have the ability to promptly deliver a top quality, cost effective, fiber to the Army and future commercial customers.”

The Company is producing Dragon Silk at its Indiana factory and expects to make final delivery of the shoot packs for ballistic testing later this year. 

To view the most recent edition of Kraig’s Spider Sense quarterly newsletter and/or to sign up for Company alerts, please go to www.kraiglabs.com/newsletter.

For more information about Spider Silk, check it out at www.kraiglabs.com/spider-silk.

About Kraig Biocraft Laboratories, Inc.

Kraig Biocraft Laboratories, Inc. (www.KraigLabs.com), a fully reporting biotechnology company is the leading developer of genetically engineered spider silk based fiber technologies. The Company has achieved a series of scientific breakthroughs in the area of spider silk technology with implications for the global textile industry.

Cautionary Statement Regarding Forward Looking Information
Statements in this press release about the Company’s future and expectations other than historical facts are “forward-looking statements.” These statements are made on the basis of management’s current views and assumptions. As a result, there can be no assurance that management’s expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as “believes,” “plans,” “expects,” “anticipates,” “foresees,” “estimated,” “hopes,” “if,” “develops,” “researching,” “research,” “pilot,” “potential,” “could” or other words or phrases of similar import. Forward looking statements include descriptions of the Company’s business strategy, outlook, objectives, plans, intentions and goals. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security.

CONTACT: Ben Hansel, Hansel Capital, LLC 
(720) 288-8495
ir@KraigLabs.com
Have some news? Let us know on news@apparelresources.com

Recommended by Apparel Resources

ABFRL to launch ‘Khadi by Peter England’

India-based Aditya Birla Fashion and Retail Ltd. (ABFRL) in association with Khadi and Village Industries Commission (KVIC) will launch a product line 'Khadi...

Off-White opens new Hong Kong store

Off-White continues to expand its retail presence in Asia with the opening of its second location in Hong Kong at Queen’s Road Central....

Walmart India conducts workshops on GST for its suppliers

Walmart India, a wholly-owned subsidiary of US-based leading multinational corporation Walmart Stores Inc., recently held training sessions for its small- and medium-sized enterprises...

G-III Apparel, PVH ink deal for DKNY brand in Canada, US

G-III Apparel Group Ltd., leading manufacturer and distributor of apparel and accessories, has entered into a multi-year license agreement with PVH Corp., which...

M&S may see slump in fourth quarter sales

Marks & Spencer, the UK-based retailer, may note decline in its fourth quarter trading due to Easter timing. According to analysts, the retailer’s...

Walmart reports rise in online sales

US retail biggie Walmart Stores Inc. has noted increase in its online sales in the first quarter of current fiscal. During the quarter...

Denham opens its first store in Shanghai

Denham, Amsterdam-based denim brand, launched its maiden store in the city of Shanghai in China earlier this month. Located in the city’s new...

David’s Bridal now in Mexico!

American bridal and special occasion retailer David’s Bridal links with Mexico’s leading manufacturer and retailer of intimate apparel Diltex to open its first...

Perry Ellis starts FY 2018 on a high!

US’ leading designer, distributor and licensor of a broad line of high quality men’s and women’s apparel, and accessories, Perry Ellis International has...

Bachrach Clothing files for bankruptcy protection

US-based Bachrach Clothing Stores, tradition of fashionable clothing for the everyday man, has become latest victim of financial problems and filed for Chapter...