ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
Kraig Biocraft Laboratories Inc (QB)

Kraig Biocraft Laboratories Inc (QB) (KBLB)

0.09883
0.00123
(1.26%)
Closed April 24 4:00PM

Unlock more advanced trading tools

Join ADVFN today

Key stats and details

Current Price
0.09883
Bid
0.09
Ask
0.1073
Volume
538,093
0.095 Day's Range 0.105
0.025 52 Week Range 0.15
Market Cap
Previous Close
0.0976
Open
0.10
Last Trade
5000
@
0.09883
Last Trade Time
Financial Volume
$ 52,295
VWAP
0.097185
Average Volume (3m)
1,750,661
Shares Outstanding
1,033,374,219
Dividend Yield
-
PE Ratio
-34.48
Earnings Per Share (EPS)
-0
Revenue
-
Net Profit
-3.03M

About Kraig Biocraft Laboratories Inc (QB)

Sector
Plastics,resins,elastomers
Industry
Plastics,resins,elastomers
Headquarters
Ann Arbor, Michigan, USA
Founded
1970
Kraig Biocraft Laboratories Inc (QB) is listed in the Plastics,resins,elastomers sector of the OTCMarkets with ticker KBLB. The last closing price for Kraig Biocraft Laborator... (QB) was $0.10. Over the last year, Kraig Biocraft Laborator... (QB) shares have traded in a share price range of $ 0.025 to $ 0.15.

Kraig Biocraft Laborator... (QB) currently has 1,033,374,219 shares outstanding. The market capitalization of Kraig Biocraft Laborator... (QB) is $103.34 million. Kraig Biocraft Laborator... (QB) has a price to earnings ratio (PE ratio) of -34.48.

KBLB Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.0127314.78513356560.08610.1150.0839203220.09338716CS
40.000830.846938775510.0980.1150.06986512471080.08524754CS
120.05913148.9420654910.03970.150.037617506610.08766785CS
260.06983240.7931034480.0290.150.02511347560.0726118CS
520.05683135.309523810.0420.150.0258155770.06293457CS
156-0.06057-37.99874529490.15940.17490.02510795010.07085781CS
260-0.01767-15.16738197420.11650.5070.02515118190.15755055CS

Market Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
NIVFNewGenIvf Group Ltd
$ 2.23
(74.22%)
137.08M
MTCMMTec Inc
$ 2.24
(43.59%)
6.07M
OPRTOportun Financial Corporation
$ 3.16
(40.44%)
11.71M
SHIMShimmick Corporation
$ 3.05
(35.56%)
1.19M
HKITHitek Global Inc
$ 1.35
(32.35%)
411.78k
ABEOAbeona Therapeutics Inc
$ 3.39
(-53.94%)
5.51M
GWAVGreenwave Technology Solutions Inc
$ 0.0696
(-44.89%)
37.05M
LICNLichen China Limited
$ 0.56
(-42.19%)
6.61M
MLECMoolec Science SA
$ 1.71
(-30.77%)
3.16M
VAXXVaxxinity Inc
$ 0.1971
(-26.89%)
2.11M
CYNCYNGN Inc
$ 0.113
(-6.61%)
326.58M
PEGYPineapple Energy Inc
$ 0.0561
(22.49%)
185.74M
SQQQProShares UltraPro Short QQQ
$ 11.91
(-4.49%)
139.15M
NIVFNewGenIvf Group Ltd
$ 2.23
(74.22%)
137.08M
TSLATesla Inc
$ 144.68
(1.85%)
124.55M

KBLB Discussion

View Posts
arachnodude arachnodude 5 hours ago
That's fine. Still can't violate those NDA's, though! Muy importante!
🎯 2 👍️ 2
WebSlinger WebSlinger 6 hours ago
FTC Announces Rule Banning Noncompetes

https://www.ftc.gov/news-events/news/press-releases/2024/04/ftc-announces-rule-banning-noncompetes

Since the Douchebag CEO is a lawyer, you can bet that he makes every employee sign a noncompete.

Well, not anymore....
👍️ 2 💯 2
WebSlinger WebSlinger 6 hours ago
>

That would take a TREMENDOUS amount of man-hours to accomplish. Imagine having a million cocoons in each room. And lets just say that you work 24 hours a day, 7 days a week, and you could grab a male and a female and put them under a cup every 10 seconds (which is impossible). It would still take about 116 days (or almost 4 months) to complete the task.

According to some websites, it takes about 5.5 MILLION silkworms to make a metric ton of silk.
👍️ 1 💯 1
Money4Nothing-M4N Money4Nothing-M4N 7 hours ago
Well, whatever they’re doing, I’d like to see a marketing campaign get started by someone.

The news lately is fantastic but it seems to be exciting only for those of us in this echo chamber.

Plus side of that is realizing that we are sitting on a volcano.

I’d like to see Kim hire Adam Savage and Jamie Hyneman to conduct Dragon Silk tests on camera. That would definitely get people talking. lol
👍️ 1
DimesForShares DimesForShares 7 hours ago
I understood your question. Are they planning to reel some of the cocoons for silk, or are they rearing them all for egg production. Since these cocoons have been taken out of the spinning racks, it’s a great question to ask.

I don’t have the answer.

I was adding new information, that even the silkworms raised for egg production can contribute something useful to KBLB.
👍️0
Money4Nothing-M4N Money4Nothing-M4N 8 hours ago
I'm not talking about boiling them for goo. I just mean boiling them as SOP in regular sericulture production. i.e. boil them to remove the sericin, kill the pupa, and reel the silk.

I know Kim has plans for the sericin and protein synthesis. I only mention it because I remembered he said this batch was for breeding, yet there are no holes in the cocoons.

Possible they collected them, snapped a pic, then put them somewhere else to let the moths do their thing.
👍️ 1 😀 1
trainer2 trainer2 9 hours ago
I would say that KBLB is the Daddy Rabbit. HeHe!
👍️0
jake12 jake12 10 hours ago
Isn’t it about time for you to get tech holdings in Salt Lake to test your version of spider silk in theirvacant office again? Maybe you can get the US Navy pay for it again, another $240K. Maybe your friends in Hunan.
👍️ 2 💩 1 🤡 1 🤣 2
igotthemojo igotthemojo 10 hours ago
"Wouldn't want anyone to think KBLB is the only one in the sector."

its China and kblb...there will be others, eventually, but they will be insignificant...

spiber, bolt and the rest are no competition at all...
👍️ 2 💩 1 💯 2 🤡 1
rayovac812 rayovac812 10 hours ago
If it's good enough to acknowledge on their company websites and in SEC filings...

It's good enough to post the acknowledged competitors latest developments.


Then why do you have to keep repeating yourself? If what you were saying still applied, you wouldn't have to keep trying. You know everything has changed, including how those you are so desperately trying to keep relative. They have moved on to brewed proteins etc. Who is in the Spider Silk space?
👍️ 2 💩 1 💯 2 🤡 1
bananarama bananarama 10 hours ago
Well stated, Mojo! GO KBLB!
👍️ 1 🤡 1
TRUISM TRUISM 10 hours ago
Wouldn't want anyone to think KBLB is the only company in the specified sector.

If it's good enough to acknowledge on their company websites and in SEC filings...

It's good enough to post the acknowledged competitors latest developments. 😉

Once again, thanks for sharing DD about KBLB’s competitors.
👍️ 2 💩 1 💯 1 🤡 2
igotthemojo igotthemojo 10 hours ago
" The moths only live a few days after hatching. "

more like a week or two...
👍️ 2 💩 1 😁 2 🤡 1
igotthemojo igotthemojo 11 hours ago
"If the word is out and some think that the pps could get to 0.15PPS by the end of April and 1.00PPS till end of June 2024 why dont we see that Volume wise , PPS wise, Social Media wise , Neswpaper wise in VM and U.S"

we are still at the beginning of things...i dont believe there are as many INVESTOR eyes on kblb as many think...the news is great but it isnt the kind of news that screams "BUY!"....

this isnt aapl...the rise in the pps wont be gradual...this is an unknown KBLB on the OTC...when the right news comes out that tells investors this is a buy the pps rise will be explosive...the volume will be huge...as usual, everyone will talk about the overnight success of the company...except those who have been here for years...everyone will think they are buying super cheap shares at .50 and .75 etc...and they will be correct...

"i hope it will get there but i can not see any indection"

every pr is an indication of what is coming...the volume and pps will follow...
👍️ 3 💩 1 💯 1 🤡 1 ♥️ 1
DimesForShares DimesForShares 11 hours ago
During the mating process, a male silkworm and a female silkworm are placed underneath a cup on a piece of special material. It is easy to determine the male and female silkworms: females are much larger than males. After mating, the female will lay her eggs on the material underneath her cup. She dies shortly after laying eggs.

Because silkworms are blind, they don’t really care that things are happening in the dark.

In short, this process is part of the normal activity in rearing silkworms. All KBLB has to do is to keep the parent lines in separate rooms. As they hatch, they grab a female from one room and a male from the other, put them under the cup, and nature takes its course.

The only real trick here is that the parent lines have to hatch at the same time. The moths only live a few days after hatching. They can’t eat or drink in moth form.
👍️0
DimesForShares DimesForShares 11 hours ago
Money4Nothing: “The last photo in the PR shows a huge pile of cocoons without holes. Do they pull them off the trays to let them emerge somewhere else? Or do they let them emerge on those racks.

“Or is that big pile in the photo headed for the boiling water?”

Good questions. I’ve always assumed the cocoons were removed from the spinning racks before hatching, but that may not be the case.

There are apparently a couple of methods that can turn cocoons back into ‘goo.’ This can be done on hatched cocoons and is potentially a way to use the silk in other applications. The ratio is about 150:1, but if you think of raising 5.5 million silkworms for a metric ton of silk, that still leaves you with around 40,000 cocoons that could be used for goo purposes.
👍️0
ChiJ ChiJ 11 hours ago
Welcome baack. I ee you found the log out and log in button.
👍️ 1 💩 1 🤡 1 🤣 2
DimesForShares DimesForShares 11 hours ago
Once again, thanks for sharing DD about KBLB’s competitors. Always useful to me to keep track of what they are up to.
👍️ 1 💩 1 💯 1 🤡 2
Money4Nothing-M4N Money4Nothing-M4N 11 hours ago
No. That’s not what I’m getting at.

I’m suggesting that last photo may be for production and not breeding stock because there are no holes in them

Was wondering if you’d bother to move the cocoons off those racks if you’re going to let the moths emerge.

They may or may not. I can’t find any info on exactly where they would let the moths emerge if that were the plan. I’d think they’d stay put.

Those cocoons pictured have obviously been collected. Would you collect them if they are breeding stock? or leave them on the racks, let them be, and collect the eggs from the same trays.

👍️ 3 💯 2 😀 1
EOT EOT 11 hours ago
Some may have missed this……,

“DOD Launches Distributed Bioindustrial Manufacturing Program to Bolster Domestic Supply Chains

Jan. 31, 2024
“The Department expects to announce awards in May for approximately 30 proposals, which will each receive up to $2 million to deliver a business and technical plan detailing how they intend to build a U.S. bioindustrial manufacturing production facility. Selected proposals will be eligible for follow on efforts as part of the OUSD A&S five year investment plan for the Department's bioindustrial manufacturing base. “
👍️ 7 💯 3 ♥️ 1
EOT EOT 11 hours ago
I’m just thankful to be in at this level! Because Kraig is now well established and ready!!!

Don’t forget that the DoD will start announcing company awards for seeding US infrastructure next week…..
👍️ 6 💩 1 💯 1 🤑 4 🤡 1
MrAce MrAce 11 hours ago
Hey webby...how ya been? Where ya been?

Is that all you could come up with? Wow, I'm impressed bro. That's says alot! Maybe more than the PR itself! I'm ALL IN....LOL🤣😂
👍️ 4 💩 1 🤑 3 🤡 1 🤣 1
WebSlinger WebSlinger 12 hours ago
The Douchebag CEO said that the trial isn't finished, and that they will be letting the silkworms break out of their cocoons (therefore ruining them) in order to let them breed and create the BAM-1 hybrid. That will entail breeding Parent 1 with Parent 2.

I'm not sure how they will prevent Parent 1 from breeding with Parent 1 or Parent 2 from breeding with Parent 2.

If they are manually separating each Parent line by gender, then that will take a HUGE amount of man-hours and increase expenses exponentially.
👍️ 1 💩 1 💯 1 🤮 1
silkmaster silkmaster 12 hours ago
If the word is out and some think that the pps could get to 0.15PPS by the end of April and 1.00PPS till end of June 2024 why dont we see that Volume wise , PPS wise, Social Media wise , Neswpaper wise in VM and U.S i hope it will get there but i can not see any indection - The worse thing for KBLB - IMO- is the OTC could it be also the best thing for it once things get to the place KT wants it to be at in 2024?!? Time will tell ...Good luck to us long term. P.S why does NITE - MM blocks the prices each day? will they be run over whhen news comes?
👍️0
EOT EOT 13 hours ago
“I hear there is much chatter in Vietnam of folks anxious to get possession of the new eggs. Word spreads fast.“

Makes sense the entire industry in Vietnam, and likely every silk producing country would want those premium eggs. I believe anyone getting eggs is under contract to produce the spider silk for Kraig. We are in control. Just think of all the partnerships we have signed to jointly develop products!!

These 3 alone would take a huge amount of our Spider Silk for quite a while…..

-Warwick Mills = Military and NASA+++
-Polartech = Military Clothing. And most big brands +
-Spydasilk = Luxury Streetwear

Then we have Medical products being developed, but yet to see a contract…this will be amazing imo

All of Kraig’s partners are Based on we supply the spider silk, they develop the products, we split profits. And with just those 4 the numbers will be crazy$$


This was our first partnership. Premature, yes, but NOW the Spider Silk is ready to flow….


KRAIG BIOCRAFT LABORATORIES AND WARWICK MILLS SIGN STRATEGIC JOINT DEVELOPMENT AGREEMENT

Joint Intellectual Property Agreement Covers the Collaborative Development of Spider Silk Based Textiles

LANSING, Mich., Oct 21, 2013– Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB)

“Under terms of the agreement, the two companies will jointly develop innovative textile products based on Kraig’s Monster Silk(TM) fibers. Under the terms of the agreement, the two companies will jointly own textile product related intellectual property which is developed as a result of the collaboration. “
👍️ 8 💩 1 💯 4 🤡 1
jetow jetow 13 hours ago
"I'll remain with the TRUTH. "



Which is it? All the years you stated how great KBLB was or the years since you got booted out of what you thought to be the inner circle?

You keep bringing up the past....... but with very selective memory. Very. You call them truths when you know you aren't presenting a full picture nor an untainted picture. If you aren't getting paid you are really a package. This has made many to come to know you as Curbie.

YMIGH!!!
🎯 1 👍️ 4 💩 1 🤡 1 🤣 2
rayovac812 rayovac812 14 hours ago
We have designed and built a better mousetrap in an industry that has not seen a better mousetrap in 6,000 years.

Let those that dwell on past failures do their worst to amplify those failures. The day and future is ours now Beacham. We've come a long way, fully aware of the past.
👍️ 5 💩 1 💯 1 🤡 1 ♥️ 1
arachnodude arachnodude 14 hours ago
Oh I know! It's good the company continues to refute all attempts to rewrite its history. I just wish the naysayers would give it up. Maybe it's therapeutic for them? Lord knows they need therapy! LOL
🎯 2 👍️ 4 💩 1 💯 1 🤡 1
Money4Nothing-M4N Money4Nothing-M4N 14 hours ago
Kim said yesterday…

“Over the next two weeks the Company will collect the moths from these cocoons to breed the next generation of production hybrid silkworms and conclude the critical parental line trial.”

Ok. But, when the moths emerge from the cocoons they leave a big hole in it rendering the silk useless.

The last photo in the PR shows a huge pile of cocoons without holes. Do they pull them off the trays to let them emerge somewhere else? Or do they let them emerge on those racks.

Or is that big pile in the photo headed for the boiling water?
👍️ 3
silkcash silkcash 14 hours ago
Dadofduck
where are you?
what do you know?
are you hearing anything?
are u still in Vietnam?
And yankeeclipper, zinkfinger are you guys still following KB?
👍️ 1 💯 1
TRUISM TRUISM 14 hours ago
Keep believing the falsehood...

If you want to incorrectly give credit, where it isn't due, that's your prerogative.

I'll remain with the TRUTH.

👍️ 1 💯 1
TRUISM TRUISM 14 hours ago
It's clear to see that I did. 💯

Did you really bring up Q&A from 2015?

=============

To inform, as this isn't KBLB's first rodeo, with the intent on metric ton production.

What was the goal?

=============
👍️ 2 💯 2 🤡 1
rayovac812 rayovac812 14 hours ago
Repeated deliberate misinterpretations over and over again.

"I am very impressed with the robustness of the BAM-1 parental lines," said Dr. Nirmal Kumar. "The colony has exhibited perfect health and grown very quickly. The team's rearing skills are rapidly advancing, and they are ready to increase production. Based on what I have observed from rearing this first generation, I expect that the Company will have a very successful production scale-up."

KBLB wasn't the sericultural expert in 2015. Dr. Nirmal Kumar is a world leading expert. The new results are in and KBLB is going about it very differently.

On the discussion of a higher amount of usable silk Gimme asked if it was worth the hybrids. Once you get your breeding up to 1M cocoons, if you only get 1 foot of additional usable silk, that is 189 miles of usable silk, from the same million cocoons.

I hear there is much chatter in Vietnam of folks anxious to get possession of the new eggs. Word spreads fast.

Truism repeatedly posited that Lam Dong kicked KBLB to the curb back when. They have seen the same successes we are seeing and that's not good enough for truism. Lam Dong knows what they are looking at and they are ready to Wakey wakey.

""We have been following developments at Kraig Labs for many years and are very happy now to be working directly with them," said Dr. Le Quang Tu, President of the Vietnamese Sericulture Association. "We believe that Kraig's technology will have a significant positive impact on our industry."

Truism has a way of marginalizing his own opinions.
🎯 1 👍️ 5 💩 1 💯 2 🤡 1 ♥️ 1
ImjinBridger ImjinBridger 16 hours ago
Did you really bring up Q&A from 2015?
I think you underestimate how badly he was hurt when Kim explained to him, he was irrelevant. His ego was crushed and will never recover.
🎯 3 👍️ 4 💩 1 😴 1 🤡 1 🤥 1
gimmegimmeminemine gimmegimmeminemine 17 hours ago
From the january 26th PR.

The result of first-generation cross-matings yield larger cocoons and more resilient silkworm offspring. As these increased performance attributes only last one generation, it is vital that central silkworm egg production operations sustain each of these separate lines in order to create successive generations of hybrid crosses.
👍️ 1 💯 1
TRUISM TRUISM 18 hours ago
One of the most promising methods Jones and his colleagues have explored is production in silkworms.

“When you ask a goat, or you ask a bacteria to produce spider silk for you, all you get is the raw protein powder, then you have to formulate it into a fiber or some other material form.

Whereas silkworms have very similar systems of spinning silk, and an industry exists and has existed for 1000s of years to raise silkworms,” said Jones.

Silkworms offer a replacement to “Spider-Goats” but in terms of yield they’re still limited.

Famous 'Spider Silk Lab' redirects focus to new biomaterials- April 18, 2022
💩 2 🤡 2 🤫 1 🫢 1
want2retire want2retire 18 hours ago
Did you really bring up Q&A from 2015? What was the goal? Hoping people wouldn’t notice it is 10 years old, 10 years behind the advancements they have seen?

So we are clear, your posts are focused on Spiber, AmSilk and now attempting to mislead investors on where Kim Thompson feels the company is TODAY?

Curious have you see the relevance of statements from almost 10 years ago?

And again raising the issue of testing. Can you provide ANY technical and performance data on the NON-SPIDER SILK MATERIALS your beloved Spiber and AMSilk have been working on? Any testing data at all would be a great start.

I know this is getting hard to watch for you. KBLB is continuing to advance without you while the goo making “competition” continues to flounder.

Might be time for a new hobby. Harassing KBLB and its investors likely won’t be as much fun, or effective, as we move FORWARD.

Sorry to disappoint..

🎯 3 👍️ 5 💩 1 💯 3 🤡 1
arachnodude arachnodude 18 hours ago
Ignorance is not the company's fault. Neither is deliberately choosing not to understand. That axe gets duller and duller with each deliberate misinterpretation. Failing to understand then, and continuing to do so up to today, is on those choosing that path. Not the company. That's the deja vu of things. Repeated deliberate misinterpretations over and over again.
🎯 2 👍️ 5 💩 1 💯 2 🤡 1
TRUISM TRUISM 18 hours ago
"We are not producing metric ton quantities at the pilot production facility.

That facility does have that capacity and I do believe that we could produce many metric tonnes of material at that facility.

We did report early on that production was increasing and it was and we have an ability to increase it further.

We also began looking at the quality of the material coming out of that facility.

And although we can produce a very large quantity of material, or a very large quantity; many metric tonnes, it didn't make any sense when looking at the quality of this material.

👍️ 1 💩 1 💯 2 🤮 1 🫢 1
arachnodude arachnodude 19 hours ago
Candid statements from '15. Coming to fruition looks like this:



Astute investors follow key indicative statements such as this:

In short, when we ship product sample to a potential customer, or a potential collaborative partner, it's important that that material reflect the properties of spider silk; of the strength and elasticity, so that these potential partners can see what our material can do.

After all, the plan isn't to be known for novelty items.

It's one of the reasons we've been looking more and more at countries like Vietnam that have very established production of silk and excellent quality control.

KBLB and Vietnam are forever bound now. No pivots from Spider Silk here!
👍️ 4 💩 1 💯 3 🤡 1
TRUISM TRUISM 19 hours ago
Q & A: DID KBLB PRODUCE METRIC TON CAPACITY? -12/2015 CC


CEO Kim Thompson states:



"We are not producing metric ton quantities at the pilot production facility.

That facility does have that capacity and I do believe that we could produce many metric tonnes of material at that facility.

We did report early on that production was increasing and it was and we have an ability to increase it further.

We also began looking at the quality of the material coming out of that facility.

And although we can produce a very large quantity of material, or a very large quantity; many metric tonnes, it didn't make any sense when looking at the quality of this material.

In short, when we ship product sample to a potential customer, or a potential collaborative partner, it's important that that material reflect the properties of spider silk; of the strength and elasticity, so that these potential partners can see what our material can do.

And frankly we weren't seeing that out of the QC of the production facility.

The main problem really with quality control was local infrastructure.

Yes we have infrastructure necessary for actually producing raw fiber; but not the infrastructure necessary to take that fiber, process it and spin it into a quality product that maintains our standard of quality control.

And we feel strongly; with the custom that we have potentially one real chance at making that impression and study for a material that's coming out into the market.

It's one of the reasons we've been looking more and more at countries like Vietnam that have very established production of silk and excellent quality control.

Because we know from what what we've seen at the pilot production program, that we can take our genetically modified silkworm, feed that into that infrastructure and what we're going to get out is something similar in quality control as to what they're producing natively there, in terms of, not the material strength; certainly our material strength is going to be significantly improved compared to any other silk product; in terms of general quality control over silk.

And that's the reason we haven't ramped up production there to the metric tonne levels.

We could've done that; we could've spent the money to do that but to what effort?

So that we could put out a press release saying we've produced metric tonnes?

I didn't really see the point in that; not in producing material and warehousing it.

We want to produce material that we can stand behind,have confidence in, send it out to potential development partners and have it knock their socks off."

LOCATED HERE
👍️ 2 💩 1 💯 2 🤮 1
TRUISM TRUISM 19 hours ago
AMSilk STRENGTHENS MANAGEMENT TEAM WITH KEY HIRES OF RALPH FRAUNDOFER AND CTIBOR KOHUTOVIC TO MANAGEMENT BOARD
NEWS PROVIDED BY AMSilk Apr, 23, 2024-3 HOURS AGO
PR




NEURIED, Germany, April 23, 2024 /PRNewswire/ -- AMSilk GmbH ("AMSilk"), a global leader in advanced materials made from spider silk-based proteins, today announces the appointments of Ralph Fraundorfer and Ctibor Kohutovic to its Management Board starting immediately.

Ralph Fraundorfer has been appointed as Chief Financial Officer (CFO) and will lead the finance team, with responsibility for all financial issues, such as company accounts, financing and risk management. Ralph's professional finance career spans over 20 years, having worked for companies such as Shell, Syngenta and Actelion Pharmaceuticals.

Most recently, Ralph was CFO of Tropic Biosciences, a pioneering company in the field of agricultural gene editing, where he built the finance function, enabling strong growth from 40 to over 150 employees and successfully closing several financing rounds.

Ralph Fraundorfer officially succeeds Arne Treinies as CFO, with Arne leaving the Company to pursue other opportunities. "We would like to thank Arne for his important contribution to the scale-up of AMSilk", Ulrich Scherbel (CEO) says. "In his role as CFO he has professionally built up the finance and organizational structures of the Company. We wish him continuous success and all the best for his new challenges."

Ctibor Kohutovic joins as Chief Production Officer (CPO), with responsibility for driving AMSilk's industrial scale up as it moves into the commercialization phase. Ctibor will focus on the Company's global protein production, developing production capacities with new and existing CMOs, improving capabilities and reducing costs.

Ctibor has extensive experience in global production processes, process improvement and contract manufacturing, beginning his professional career at Evonik in 1998 as a Fermentation Process Engineer at the Fermas site. Most recently, he was Head of Strategic Projects at Evonik Operations, as well as Site Controller and Strategic Project Manager at Evonik Fermas.

The key appointments of Ralph and Ctibor complete the AMSilk Management Board, alongside current Chief Executive Officer, Ulrich Scherbel, and Chief Scientific Officer, Gudrun Vogtentanz.

Ulrich Scherbel, Chief Executive Officer at AMSilk, said: "Ralph and Ctibor are two proven experts, whose industry knowledge, experience and track record are of immense importance for the future development of AMSilk. These appointments complete our Management Board, and I look forward to working alongside them both to drive the Company's continued industrial scale-up towards profitability."

Ralph Fraundorfer, Chief Financial Officer at AMSilk, added: "AMSilk has a stellar team and I am looking forward to helping scale up production of a fantastic product that the world really needs. AMSilk has products with a real purpose and people with great passion. For me, these are the most important elements of a successful company, and AMSilk has them all."

Ctibor Kohutovic, Chief Production Officer at AMSilk, said: "Joining AMSilk feels like the perfect alignment of my passions, expertise, and aspirations. AMSilk's vision and potential are truly inspiring. I am very motivated to play my part in ramping up production so that we can launch our spider silk-based products to the market."

Wolfgang Colberg, Chairman of the Board, AMSilk, commented: "AMSilk is at a pivotal point in its development. To attract individuals of this caliber to the Management Board is testament to the progress AMSilk has made towards its goal of becoming a leading protein solutions business for a variety of industries."

AMSilk's spider silk-based protein fibers are the gold standard, offering high-performance qualities which translate to a wide range of applications in the textile and automobile industries. Based on their exceptional natural properties, which can be tailored to the specific needs of the market or customer, AMSilk's high-performance material outweigh many natural or fossil-based materials, while being verifiably biodegradable.

In January 2024, AMSilk announced a partnership with 21st.BIO to accelerate production using a new protein production strain created from highly specialized precision fermented microorganisms, ensuring that AMSilk can meet demand as it increases production from the laboratory to industrial scale.

The new strain ensures extracellular expression of silk proteins, enabling manufacturing at unprecedented productivity levels due to higher yield and greater efficiency, thereby reducing production costs.

In March 2024, AMSilk also announced an update on its strategic R&D collaboration with BRAIN Biotech, which allows the structural proteins underlying AMSilk's protein fibers to be modified at the amino acid level enabling products to be easily tailored to specific market requirements.
👍️ 2 💩 1 💯 1 🤣 1
TRUISM TRUISM 19 hours ago
Without producing a prototype or two, for testing durability, etc...



Next thing it will be told by some, this was already done...

Like the storing of metric ton quantities at Warwick Mills years ago.

Now they accelerate the drive to metric ton production, which means they ramp up the parental strains and hybrid numbers and start to send out eggs to whoever the VSA signs up to produce, inline with our agreement.
🎯 1 👍️ 2 💩 1 🤫 1 🤮 1
rayovac812 rayovac812 1 day ago
Will crossing them give you that much better results?

YES!!!!

"This enhanced silkworm hybrid, designated by the Company as BAM 1, is the result of careful selective breeding to maximize both robustness and the ratio of usable silk per cocoon." Feb 6th

Increasing usable silk per each individual cocoon is paramount to maximizing production. That is one of the goals. Getting more eggs per moth. Getting the highest yield of hatched eggs is another. These are examples of control parameters. No telling what the exact parameters are, but the results are excellent.

" Kraig Labs has successfully produced cocoon at rates that exceeded all expectations and control parameters for these trials." The results define the meaning of robustness. The results were excellent, even compared to the hybrid currently in production....on some limited basis.

Now they accelerate the drive to metric ton production, which means they ramp up the parental strains and hybrid numbers and start to send out eggs to whoever the VSA signs up to produce, inline with our agreement.
👍️ 2 💩 1 💯 2 🤡 1
SilkRoad SilkRoad 1 day ago
This pps is a joke. Should be way higher knowing what we know now. Might take some time for folks to catch up on the news. Bottom line is either Kings/Spydasilk, or Polartec, or medical supplier, or somebody is going to be getting silk to weave or knit or put into final products by the end of the year. Those racks are full of cocoons and the process and facility can be replicated over and over.
👍️ 1 💯 1
SilkRoad SilkRoad 1 day ago
Metric ton dreams are here again! Maybe we’ll be able to buy those Spydasilk ties sooner rather than later.
👍️ 1 🤣 1
jake12 jake12 1 day ago

Or something to that effect “

You’re not pulling anybody
👍️ 2 💯 2
igotthemojo igotthemojo 1 day ago
beats me...but they have Dr Kumar who is ramrodding the trials and he sees fit to do it this way...and the results of how hes making it happen, so far, are freakin great...so i really dont care what dfs thinks about it...i like the results...and im willing to let Dr Kumar do his thing...
👍️ 3 💩 1 💯 3 🤡 1
rayovac812 rayovac812 1 day ago
As if we need more reminders that you don't know what you're talking about.
👍️ 4 💩 1 🤡 1 🤣 3
bananarama bananarama 1 day ago
Another phenomenal post, Beacham! GO KBLB!
👍️ 3 💩 2 💯 2 🤑 1 🤡 2

Your Recent History

Delayed Upgrade Clock