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WHY KBLB

Kraig Biocraft Labs has crafted a once-in-a-lifetime technology, raising the performance bar with custom recombinant spider silk fibers and polymers. This new technology could displace current industry technologies and standards for advanced technical textiles and various other protective materials.

Kraig Labs was born out the necessity to produce improved fibers and polymers. We are dedicated to producing the best technologies both for our investors and end-users. Our target markets include military, police and DHS related applications; athletic wear, other industrial and consumer applications, clothing and fashion wear; and significant existing silk product markets.

Mother Nature played a hand in making spider silk the super fiber that it is. At Kraig Biocraft Laboratories we plan on improving products, and then lives, by producing it in commercial quantities.

Kraig Labs (KBLB) is taking the necessary steps to ensure success. Recently, the Company has:
• Entered into a collaborative development agreement with Warwick Mills, a leader in the engineering and development of advanced technical textiles and other protective materials.
• Launched Pilot Commercial Production of Monster Silk™.
• Delivered the first small shipment of its Monster Silk™ recombinant spider silk fiber to Warwick Mills.
• Produced the first sample weaves of Monster Silk™ for evaluation.
• Announced the development of our strongest silk to date, Dragon Silk™ and filed two additional patents, in conjunction with the University of Notre Dame, to strengthen our intellectual property protection surrounding its transgenic silkworms and spider silk technologies.
• Announced our first U.S. Army contract with whom we will be developing the next generation in soldier protective materials.
• Opened domestic production facilities in Indiana and Texas

Test weaves are an important components in the commercialization process for our silks. That’s because test weaves are the mother’s milk for the garment industry’s product engineers and other decision makers, so we plan on using these test weaves to close our Monster Silk™ and Dragon Silk™ commercialization loop.

Discover why Monster Silk™and Dragon Silk™ could be 2018’s Hot Commodity

• Demand for products made from lightweight and high strength fibers is at an all-time high and continues to grow.
• Kraig’s advanced fiber production platform method is a huge environmental boost. Spider silk is a protein based fiber, unlike artificial fibers which are most often petroleum based products.
• Spider Silk is highly desirable for its many high performance qualities. The Company plans to market its versions of spider silk (Monster Silk™and Dragon Silk™) in both the technical textiles market and the silk apparel markets. Plans also include incorporating and testing spider silk in anti-ballistic and other technical applications, and then onto medical uses.
• Potential sustained demand as new applications and future generations of custom designed polymers are created.
• Profitable to produce; although the Company hasn’t detailed the pricing strategy, economics was one of the main drivers for choosing the silkworm as our production platform.

– Strong Potential Global Demand, obvious marketing prospects, and cost effective options for spider silk production are seen as drivers of Monster Silk’s success –

Potential for Higher Rewards

As concerns escalate over the environmental issues resulting from chemical processing and the disposal of those toxins, new and intensified interest in biocompatibility is happening on a global basis.

Mother Nature made spider silk among the most powerful fibers and polymers on earth. We plan on making sure that they remain the cleanest commercial alternative to other high strength technical textiles.

Our production model is predicated on reducing waste and toxins, which we believe will ultimately help optimize company growth and sustain product desirability for our clients and investors.

• Our proprietary genetic engineering technology, and an environmentally sustainable model, could impact the mundane silk market and then grow from there.
• Kraig is on target to deliver the world’s 1st commercially feasible mass produced recombinant spider silk. Unique in this space with the first peer-reviewed scientific publication describing the creation of transgenic silkworms that spin a recombinant spider silk.
• We work with the very best minds in molecular biology.
• As a biotechnology company, upcoming developments could lead to impressive valuations.
• The Company is just starting to enter the Commercial Production Phase.
• KBLB has made amazing strides and has delivered incredible value.

The Company’s CEO is employing a comprehensive commercialization approach, which, considering the small size and limited corporate budget, has yielded impressive results. This strategy is designed to maximize shareholder equity.

 

THE ADVANTAGES OF SPIDER SILK

In addition to spider silk’s potential anti-ballistic qualities, spider silk’s amazing properties could make it the basis of many market disrupting technologies in industrial, military and consumer applications, requiring superior strength, toughness and flexibility.

The Advantages of Spider Silk

• Unequalled combination of elasticity and tensile strength represents technological paradigm shift.
• Genetically engineered spider silk fibers have uses in various applications and markets
• Biodegradable and biocompatible.
• Spider silk production could greatly reduce many of the toxins and pollutants used in conventional petroleum based fiber and polymer production process.

High performance technical fibers are currently used in a wide variety of military, industrial, and consumer applications requiring superior strength, toughness and flexibility.

Spider Silk Strength: Stronger Than Steel

Kraig envisions genetically engineered spider silk, with its superior mechanical characteristics, will surpass the current generation of high-performance fiber. We believe that spider silk is in some ways so superior to the materials currently available in the marketplace, that an expansion of demand and market opportunities will follow spider silk’s commercial introduction. For example, the ability of natural spider silk to absorb in excess of 100,000 joules of kinetic energy makes it a potentially ideal material for structural blast protection. The table below illustrates spider silk’s incredible toughness and strength to weight ratios.

Comparison of the Properties of Natural Spider Silk, Kevlar® and Steel

      Material Toughness¹ Tensile Strength² Weight³
Dragline spider silk 120,000-160,000 1,100-2,900 1.18-1.36
Kevlar® 30,000-50,000 2,600-4,100 1.44
Steel 2,000-6,000 300-2,000 7.84

 

The Market for Spider Silk

Spider silk has the potential to revolutionize the multi-billion dollar silk industry. The market for raw silk alone is in excess of $5 billion per year. Traditional silk is primarily used to create high quality clothing, however, it does not have many industrial uses. In contrast, the strength and performance that spider silk possesses allows it to be used in multiple industries for various uses other than just clothing. In the medical industry, spider silk could be used as extremely thin sutures for eye or nerve surgery. Spider silk also has the potential to replace Kevlar in body armor. Just one of these markets, technical textile, which prioritize material performance generates in excess of $120 billion in annually sales. With Kraig Labs recombinant spider silk technology we have the ability to access this wide range of potential markets.

SPIDER SILK, and RELATED TOPICS, NEWS and VIDEO LINKS

By clicking on the links below, you will be leaving Kraig’s website. Please note that KBLB does not control and is not responsible for the content on such sites.

NBC- Real- Life “Spider-Man” Suits On the Way?

Popular Mechanics- 6 Spider-Silk Superpowers

TED- Cheryl Hayashi: The magnificence of spider silk

Deutsche Welle- Dutch artist creates ‘bulletproof’ skin with spider silk

Science Daily- Spider silk coated with carbon nanotubes has multiple surprising uses

The Telegraph- Spider twist leads to hybrid silk yarn

BBC- Tangled webs: Why scientists want to recreate spider silk

Phys.org- Tough, light and strong: Lessons from nature could lead to the creation of new materials

Phys.org- Eco-friendly optics: Spider silk’s talents harnessed for use in biosensors, lasers, microchips

Phys.org- Spider silk conducts heat as well as metals, study finds

Ed Nieuwenhuys- Spider Silk

Wired- 1 Million Spiders Make Golden Silk for Rare Cloth

FloridaNature.org- Fiber Engineers, Meet Thy Master

Bill’s Channel- WORLD’S STRONGEST SPIDER WEB

The Hindu- Flexible wires from spider silk conduct electricity

NOVA- Smart Material: Spider Silk

University of Notre Dame – Scientists Create Transgenic Silkworms Capable of Producing Spider Silk

Illumin- Biomimetics: Engineering Spider Silk

Medical Daily- Spider Silk Turned Into Electrical Wire Could Pave The Way For ‘Green’ Medical Devices

Daily Mail- Bang – you’re not dead! Amazing video shows bio-engineered ‘bulletproof’ human skin reinforced with spider silk

Science Daily- Genetically engineered spider silk for gene therapy

US National Library of Medicine, National Institutes of Health- Silk as a Biomaterial

TED- FiorenzoOmenetto: Silk, the ancient material of the future

Lab News- Silk Spinning The Genetically Modified Way

Techtextil- North America Returns to Pre-Recession Levels

Gizmodo- A Brief History of Bulletproof

BBC- DuPont awarded $920m over stolen trade secrets

Kevlar

NBC Bay Area – Real-Life “Spider-Man” Suits On the Way?

Seeker – Genetically Engineered Silkworms Spin Like Spiders

Smart Planet – Silkworms on a diet make fluorescent silk, could green the coloring process

Genome News Network – Building a better silkworm with piggyBac

Materials Today – Hybrid silkworms spin stronger spider silk

Composites Manufacturing – The Rise of Bio Composites

Asia Bio Tech – Silkworms Give Spider Silk New Spin

TOXINS INFO LINKS

National Geographic – Great Pacific Garbage PatchBad Plastics- A commonsense guide to toxic plastics in your home, and how to avoid them.

OSHA- Hazardous and Toxic Substances

Body Ecology – Top 6 fabrics you should avoid

BIODEGRADABLE and BIOCOMPATIBLE INFO LINKS

World Wide Fund for Nature – Biodegradability

Tree Hugger – Is silk biodegradable?

Hearts – Surprisingly Compostable Textiles

 

¹Measured by the energy required to break a continuous filament, expressed in joules per kilogram (J/kg). A .357 caliber bullet has approximately 925 joules of kinetic energy at impact.

²Tensile strength refers to the greatest longitudinal stress the spider silk can bear, measured by force over area in units of newtons per square meter. The measurement here is in millions of pascals.

³In grams per cubic centimeter of material.

INDUSTRY ARTICLES/PUBLICATIONS

Collaborations with well-respected institutions, such as the University of Notre Dame, has accelerated and enabled a number of exciting breakthroughs in the laboratory. We are very thankful for the media coverage we receive, which helps us spread the word about recombinant spider silk, along with the Publication of the National Academy of Sciences (PNAS) peer-reviewed journal, which credibly confirms our proof-of-concept.

Highly Regarded Proceedings of the National Academy of Sciences (PNAS) Publishes Kraig Biocraft Laboratories’ Scientific Breakthrough “Silkworms Transformed with Chimeric Silkworm/Spider Silk Genes Spin Composite Silk Fibers with Improved Mechanical Properties”.

Recombinant spider silk protein results in a strong fiber

Silkworms transformed with spider silk genes spin composite silk fibers with improved mechanical properties

KBLB NEWS and VIDEO LINKS

KBLB-Breakthrough

Union Leader-Genetically modified silkworms produce miracle fiber for New Ipswich firm

Textile World- Kraig Biocraft, Warwick Mills To Codevelop Spider-silk Based Textiles

Textile World-Kraig Biocraft Develops Big Red Spider Silk

Textile World-Quality Fabric of the Month

Voice of Vietnam- KraigBiocraft Laboratories CEO welcomed in Hanoi

TechRevu- KraigBiocraft Laboratories, Inc. Announces That It Has Successfully Created Transgenic Silkworm

National Geographic- Hybrid Silkworms Spin Spider Silk—A First

BBC- GM silk worms make Spider-Man web closer to reality

The Telegraph- Scientists make silkworms ‘spin spider webs’

The Independent- Well it worked for Peter Parker Genetic Scientists unleash Power of the Spider Web

University of Notre Dame- Hybrid silkworms spin stronger spider silk

Science Daily- Scientists genetically engineer silkworms to produce artificial spider silk

Notre Dame Press Conference: Silkworms Produce Artificial Spider Silk

Notre Dame Research: Transgenic Silkworms Spin Artificial Spider Silk

MetaCafe- KraigBiocraft (KBLB), Notre Dame Spider Silk Worm Press Release

Phys.org- Scientists genetically engineer silkworms to produce artificial spider silk (w/ Video)

Innovation in Textiles- KraigBiocraft Laboratories in spider silk breakthrough

MIT Technology Review-Transgenic Worms Make Tough Fibers

University of Notre Dame- Notre Dame and University of Wyoming scientists genetically engineer silkworms to produce artificial spider silk

QMed- For Medical Applications, Two Silks Are Better than One

Wired- Mutant Worms Produce Piles of Spider Silk

The Register- New GM worms mean large scale spider-silk production

Science Business- Biotech Company, Universities Produce Artificial Spider Silk

UPI- Modified silkworms spin spider silk

One India News- Genetically engineered silkworms to produce artificial spider silk

Genome News Network- Building a better silkworm with piggyback

NBC- Researchers: Silkworms make artificial spider silk

Red Orbit- Genetically Engineered Silkworms Produce Artificial Spider Silk

Discover Magazine- Genetically engineered silkworms with spider genes spin super-strong silk

Fibre2Fashion- KraigBiocraft creates composite spider silk fibre

The Washington Times – Army Tests Genetically Engineered Spider Silk

Defense One – The Army is Testing Genetically Engineered Spider Silk for Body Armor

Gizmodo – The Army wants to make Body Armor Out of Genetically Engineered Spider Silk

Popular Mechanics – The Army is Testing Body Armor made from Genetically Engineered Spider Silk 

Huffington Post – Soldiers Could Be Wearing Armor Made from Genetically Engineered Spider Silk

Vocativ – Body Armor Made from Spider-Silkworm Hybrid

Synbiobeta – Kraig Biocraft Laboratories Expands Domestic Spider silk Production Capacity

OTCMarkets – Kraig Biocraft Laboratories Awarded Investment Certificate in Vietnam

Innovation in Textiles – Kraig Biocraft Laboratories delivers first Dragon Silk fibre samples to US Army

DailyDomer – Real Life Spider Suit?

Space Mart – Hybrid Silkworms Spin Stronger Spider Silk

Gillette News Record – UW Prof Weaves ‘Monster Silk’ With Spider DNA

Before its News – Transgenic Silkworms Spin Super Spider Silk, Stronger Than Steel And Kevlar

South Bend Tribune – Tough new fiber a breakthrough

By clicking on the links above, you will be leaving Kraig’s website. Please note that KBLB does not control and is not responsible for the content on such sites.

LEADING INSTITUTIONS

Kraig Biocraft Laboratories has assembled a team of leading biotechnology experts, and others with experience spanning critical areas of science and business. The Company has formed relationships with some of the world’s top institutions.

You can tell a lot about a Company by the company they keep:

University of Notre Dame

University of Wyoming

Warwick Mills

By clicking on the links above, you will be leaving Kraig’s website. Please note that KBLB does not control and is not responsible for the content on such sites.

LEADING EXPERTS

Company Founder and Chief Executive Officer: Kim K. Thompson

Mr. Thompson received his B.A. in Applied Economics from James Madison College at Michigan State University. He received his Juris Doctorate from the University of Michigan Law School.

Kim Thompson invented the spider silk production platform and founded Kraig Biocraft Laboratories in his pursuit of the development of new biotechnologies with industrial applications.  The Company was founded to develop this spider silk technology and reduce it to practice in collaboration with leading university scientists.

Mr. Thompson brings a wealth of experience in business management and consultation to Kraig. Following the completion of his undergraduate degree, Mr. Thompson joined California Craftsman, Inc. as a Vice-President with primary responsibility for both financial operations and marketing.

Kim Thompson was the director of business development at Franchise Venture Partners, LLC. He subsequently joined the firm of Shearson, Lehman, Hutton where he specialized in equity trading and research of small-cap companies. His experience in those small-cap equity markets has proven to be invaluable both in his legal and business successes.

Prior to founding Kraig, Mr. Thompson was the founder and senior litigation partner in a successful California commercial law firm where he worked as corporate and litigation counsel to privately held and public companies. His many accomplishments in corporate law include winning and collecting in full what his firm believes to have been the largest award of lost profits in a California commercial arbitration up to that time. An important part of his work was winning victories on behalf of corporate clients in disputes over intellectual property and distribution rights. He has represented business clients ranging from small start-ups and micro-caps to Fortune 100 companies.

With a background in business leadership and in advising public and private corporations, Kim Thompson continues to bring a unique perspective to the successful management of the Company. His extensive business and legal background enables him to create practical solutions to business problems and seize opportunities for growth.

Mr. Thompson is a member of the Triple Nine Society for persons with documented genius level IQs (having tested above the 99.9th percentile). He is active in the realm of science and invention where he has to his credit a number of provisional patent applications, including innovations in the areas of biotechnology, organic polymers, genetic engineering and magnetic field manipulation, among others.

Chief Operations Officer: Jon R. Rice

Mr. Rice has over 13 years’ experience growing development stage businesses with a focus on technology development, commercialization, and go to market strategies.  Mr. Rice holds a B.S. in Chemical engineering from Michigan Technological University and a Masters of Business Administration from the Eli Broad College of Business: Michigan State University.

Prior to joining Kraig Biocraft Laboratories Mr. Rice was the Director of Advanced Technologies for Ultra Electronics, AMI.  In this role, Mr. Rice was responsible for the identification, capture, and execution of new technology programs.  During his tenure with AMI, Rice secured more than twenty five million dollars in funded development programs from the US Department of Defense which his team successfully leveraged into commercially viable spinoff products.  Mr. Rice was also responsible for technical sales, marketing, and promotion of AMI’s products and capabilities.   Rice joined AMI as the third full time employee and helped to lead the organization through its rapid growth and ultimate acquisition by Ultra Electronics in 2011.

Earlier in his career Mr. Rice developed unique advanced manufacturing techniques, established and trained a production staff, led engineering development, authored numerous technical papers, and is a recognized subject matter expert.  Mr. Rice holds 5 issued patents and numerous provisional patents.

Mr. Rice brings a history of transforming revolutionary ideas into viable commercial products.

BOARD OF SCIENTIFIC ADVISORS

MALCOLM J. FRASER, JR. PH.D.

Dr. Fraser received his Ph.D. from Ohio State University, and performed postdoctoral research at both Penn State University and Texas A & M University. At Texas A & M he was a part of the team which developed the genetic expression system which is now a widely used methodology for producing organic molecules, including pharmaceuticals, on an industrial scale.

He is the co-inventor of the gene splicing technology “piggyBac”, as well as the inventor of various piggyBac improvement patents. It was his work on piggyBac which first caught the attention of Kraig Biocraft Laboratories.

He was recently selected as a fellow of the American Association for the Advancement of Science. This was awarded in recognition for his distinguished contributions to genetics and transgenesis, and for his discovery of the piggyBac transposable element and derived transgenic vector system.

In 2006, Dr. Fraser was awarded $2.5 million from the Bill and Melinda Gates Foundation to fund “deliverable technologies” in the field of transgenesis, for the prevention of mosquito born disease.

Dr. Fraser is a member of the faculty at the University of Notre Dame, where he heads the Fraser Laboratory. The focus of his work is molecular genetics. He is the author or co-author of numerous scientific articles in the field of genetic engineering and gene manipulation.

Dr. Fraser is also the co-author of the famous peer reviewed science journal PNAS (the Journal of the National Academy of Sciences).  In which Dr. Fraser describes his work in creating genetically engineered spider silk.  Kraig was a sponsor and collaborator in that work.

Notre Dame News – Hybrid Silkworms Spin Stronger Spider Silk

Malcolm J Fraser Jr Biography

DONALD L. JARVIS, PH.D.

Dr. Jarvis received his B.S. and M.S. in microbiology at Idaho State University and his Ph.D. in Virology at Baylor College of Medicine.

He heads a research laboratory within the University’s of Wyoming’s Department of Molecular Biology which focuses on biochemistry and biosynthesis.

Donlad L. Jarvis Biography

 

BUSINESS ADVISORY BOARD

HENRY WENDT

Henry Wendt is the former CEO and Chairman of SmithKline Beecham, one of the world’s largest and most successful corporations. He has an unparalleled track record for fostering and managing corporate growth through mergers and acquisitions, as well as through organic growth and global marketing. In fact, he is generally recognized as the principal architect of the successful merger that created SmithKline Beecham.

In his term as CEO of the pharmaceutical giant, Wendt focused on a “3 point strategy” to help strengthen the business. His strategy consisted of increasing support of SmithKline’s best products, such as Tagamet, weeding out less profitable products, and increasing shareholder value. This strategy lead to the successful merger of SmithKline with UK-based Beecham Company. The creation of SmithKline Beecham (SKB), engineered by Wendt and Beecham’s chief, created the world’s second largest pharmaceutical company in both prescription and over-the-counter drugs.

In addition to his groundbreaking leadership at SmithKline Beecham, Mr. Wendt literally wrote the book on successful strategies for corporate growth in the global marketplace, Global Embrace: Corporate Challenges in a Transnational World, a ‘must read’ for corporate executives.

Mr. Wendt is the Co-Founder of Healthcare Investment Partners, as well as the Founder of Global Health Care Partners. He is a graduate of Princeton University.

Henry Wendt’s Announcement of Joining Kraig Lab’s Business Advisory Board

Bloomberg – Henry Wendt

RAYMOND KUTSUNAI

Raymond Kutsunai’s unique accomplishments and lifetime experiences have enabled him to forge a path that has left his mark on history and international business.

Mr. Kutsunai grew up in pre-statehood Hawaii, the geographical and cultural hub that links North America and Asia. When he was a teenager he was sent to Hiroshima to study Japanese and renew his family and cultural ties. Unfortunately, this was just prior to the outbreak of the Second World War. He attended high school in Hiroshima. Unable to return to Hawaii during the war, he attended university in Japan.

Immediately after the war, Mr. Kutsunai was distinctively positioned to assist both the United States and the people of Japan. Upon his homecoming to the United States, Mr. Kutsunai returned to school and completed his university degree at the University of Michigan.

Mr. Kutsunai subsequently rose rapidly through the ranks at SmithKline & French and was named General Manager of SmithKline & French Laboratories Japan. He was able to parlay his business instincts and extensive understanding of the Japanese culture and business environment into stunning successes for the Company’s Japanese operations.

As remarkable as Mr. Kutsunai’s incredible personal and professional experiences have been, they are exceeded by his loyalty to his family, friends, associates and country.

Raymond Kutsunai’s Announcement of Joining Kraig Lab’s Business Advisory Board

Bloomberg – Raymond Kutsunai

 

JOE CUNNING, PH.D.

Dr. Joe Cunning is a leading figure in the textile industry and member of the Textile Institute’s governing board, with 45 years of experience in the fibers, textile and apparel industry. He was awarded the Textile Institute’s Medal for outstanding contribution to the industry in 2000. In 2010 he was presented with the Textile Institute’s Companion Membership award, as one of fifty living persons who have made a significant impact on the textile industry.

Dr. Cunning completed a highly successful 28 year career at DuPont, where he headed the pioneering research laboratory in Wilmington, and was in charge of worldwide research on all fiber types. His manufacturing experience included worldwide responsibility for non-woven products, as well as polyester filament and staple fibers.

In addition to his work on various corporate boards, Dr. Cunning served on the governing boards of the Fiber Society, vice-president of the Textile Institute, the Technical Advisory Committee, and on the board of governors of the Iowa State University Foundation. In 1992, Cunning was named the National Textile Center ‘s (a research consortium of eight universities) first Executive Director, a post he held for 12 years. Dr. Cunning is also the President of Cunning & Associates, Ltd., a leading textile industry consulting firm.

Joe Cunning’s Announcement of Joining Kraig Lab’s Business Advisory Board

Bloomberg – Joe Cunning

 

By clicking on the links above, you will be leaving Kraig’s website. Please note that KBLB does not control and is not responsible for the content on such sites.

KBLB MISSION STATEMENT

Kraig Biocraft Laboratories Mission Statement

Kraig Biocraft Laboratories is an innovative biotechnology company that is applying cutting edge technology to the creation and development of high-performance fibers. A primary focus of our work is the development and commercialization of genetically engineered recombinant spider silk. The Company believes that this technology is revolutionary in terms of its potential to impact the markets for industrial, consumer and military materials. Our work is based on proprietary genetic engineering technology and a model of environmental sustainability. Combining human ingenuity with the bounty of nature will help to expand the realms of high-tech with never before seen materials. Accordingly, our mission consists of 3 unified parts:

Technological Mission:

To develop and commercialize new types of protein-based fibers that will improve consumer, industrial and defense industry product lines, as well as craft entirely new product possibilities. Our first and second generation spider silk technologies, which we call Monster Silk™ and Dragon Silk™, respectively, have been in pilot production and are moving toward commercial scale production. Initial target markets include the apparel markets, while our future vision for our silks includes industrial uses and lifesaving technologies, ranging from anti-ballistic applications to medical breakthroughs. To materialize our vision, we must strive for the highest possible quality in our products and ensure that our research arm remains focused on continuing our history of laboratory breakthroughs.

Social Mission:

To remain focused on improving our world; the original motivation for pursuing the creation of transgenic recombinant spider silk and founding the Company. We view ourselves as partners with our environment, as well as responsible guardians of our natural resources, and, by working with nature, we believe that we can replace toxic technologies that hurt our environment with natural and ethical production methods that also yield improved materials.

Financial Mission:

To maximize shareholder and enterprise value. There are three focus areas which are key to achieving our financial mission:

1) Moving our Monster Silk™ and Dragon Silk™ (recombinant spider silk) technology into commercial scale production and commercialization;

2) Become a globally recognized brand name by capitalizing on the vast interest in spider silk technologies, and;

3) Continue to develop new advanced spider silk based fibers which can capture larger and larger portions of the technical textile market.

We will continue to advance the Company’s spider silk vanguard position, by focusing on our biotech engineering core competencies. We will be the providers of material science products and strategies that deliver long term commercial benefits, based upon our clients’ needs. We have confidence that as we deliver on all dimensions of our viable mission plan and seize market opportunities, we will enjoy the kind of success that is reflected in enterprise value.

Kraig Labs believes that the most powerful fibers and polymers on earth can also be the cleanest and by valuing Kraig’s three mission segments we will build on our successes both in the short and long term. We know that we can advance our objectives by supporting inquisitive, skilled, and caring young people (and some who are not so young) who share our vision to help create a better world. We can do that through sustainable technologies, as well as serving as an important gathering point for innovative and creative minds.