ANN ARBOR—Officials at Kraig Biocraft Laboratories Inc. announced the company had received an additional $1.5 million in capital from YAII PN Ltd., a fund managed by Yorkville Advisors Global LP, a private equity firm in Mountainside, N.J. The $1.5 million received this week is the second half of a $3 million fund agreement signed with
ANN ARBOR — Kraig Biocraft Laboratories Inc. has announced that it is finalizing the first shipment of its genetically engineered silkworms to Vietnam, where it plans to produce silk with superior strength in Quang Nam province. The company says it is coordinating the details of this shipment with senior officials within key central Vietnamese government
ANN ARBOR — The future of body armor might be silk spun by silkworms that has the amazing strength of spiderwebs. Kraig Biocraft Laboratories Inc., the company that has bred genetically engineered silkworms with spider genes, resulting in super-strong silk, announced Monday it has shipped panels of its Dragon Silk material to the United States
ANN ARBOR — Kraig Biocraft Laboratories Inc., the developer of gene splicing techniques to give silk the strength of spiderwebs, said Monday it had completed its initial deliveries to the United States Army of its Dragon Silk product for testing as a bullet-resistant material. The product converted into material for ballistic testing by New Ipswitch,
