Kraig Biocraft Laboratories Announces Successful Production Test Utilizing a Two Strain Hybrid System

ANN ARBOR, Mich., – December 19, 2023 –Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company” or “Kraig Labs”), the biotechnology company focused on the development and commercialization of spider silk, today announces that it has successfully completed the first pilot production test using a new two strain hybrid system. 

The two strain hybrid system was successfully tested using an early version of Kraig Labs’ new hybrid production model slated for trials this spring. The pre-trial test of the early version of the hybrids was conducted in order to obtain preliminary data before moving to the next step. The Company’s analysis of the first generation of early production hybrids confirms their increased vigor and significantly increased cocoon size.

“This early version of our hybrid system was tested specifically to confirm that we are on track for our spring trials,” said company CEO and Founder Kim Thompson. “The resulting silkworms as well as the resulting cocoons, were the largest I have ever seen in our production. This is critical,” Thompson continued, “because cocoon size translates directly to increased silk yield and production efficiency. In my view, silkworm size is also a very good indicator of silkworm health. We needed to see good results before committing resources to the upcoming field trials. These results greatly exceed our expectations. Just as significantly, we have been doing a lot of work and research to improve the robustness of our stains. This preliminary data strongly suggests that we are hitting that target as well.”

This advancement in the Company’s commercialization of recombinant spider silk will significantly increase silk production per rearing cycle and will likely improve the quality of the finished silk.  

The Company is now planning to transition all of its spider silk production to a two strain hybrid model in the near term. The Company hopes to be able to utilize even more advanced hybrids before the end of the upcoming field trials.

To view the most recent news from Kraig Labs and/or to sign up for Company alerts, please go to www.KraigLabs.com/news   

About Kraig Biocraft Laboratories, Inc.

Kraig Biocraft Laboratories, Inc. (www.KraigLabs.com), a 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.

Ben Hansel, Hansel Capital, LLC

(720) 288-8495

ir@KraigLabs.com

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Kraig Biocraft Laboratories Announces Early Start to Production Season with Successful Small Batch Delivery of Spider Silk

ANN ARBOR, Mich., – December 14, 2023 –Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company” or “Kraig Labs”), the biotechnology company focused on the development and commercialization of spider silk, today announces the early start to the production season with the successful manufacture and delivery of the most recent batch of recombinant spider silk.  Silk from this production cycle was processed into finished reeled raw silk and happily received on-site by the Company’s Senior management this week. 

The delivery of this silk further reinforces the Company’s production model.  With this success, the Company is now accelerating its plans for the upcoming 2024 production season and beyond.

“I am very excited to have produced this small batch ahead of our upcoming field trials scheduled for this spring.  This early production bodes very well for the pending trials, and indicates, to me, that we are well on track to meet our 2024 production targets.  The purpose of the recently completed production batch was to test our production model.  The purpose of the upcoming field trials is to gain data from hybrids which we have developed over the last 12 months. Having those two pieces working together is key to commercial scale production.” said CEO and Founder Kim Thompson.

To view the most recent news from Kraig Labs and/or to sign up for Company alerts, please go to www.KraigLabs.com/news   

About Kraig Biocraft Laboratories, Inc.

Kraig Biocraft Laboratories, Inc. (www.KraigLabs.com), a 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.

Ben Hansel, Hansel Capital, LLC

(720) 288-8495

ir@KraigLabs.com

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Kraig Biocraft Laboratories Prepares for Silk Production Season

ANN ARBOR, Mich., – December 06, 2023 –Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company” or “Kraig Labs”), the biotechnology company focused on the development and commercialization of spider silk, today announced that its senior management team is en route to Vietnam to prepare for the spring rearing season.  They will meet with the team from its wholly owned Vietnamese subsidiary, Prodigy Textiles, third-party contractors, and government officials, including provincial leadership.

This trip will lay the groundwork for the upcoming spring rearing season, strengthening its team, and preparing its facilities.  The Company is leveraging the winter offseason to align its staff and contractors to ensure ideal conditions for the launch of the 2024 season.  Senior management will also meet with hatcheries and spinners to look for opportunities to expand the Company’s integration into the supply chain and to vet additional production locations and partners, for 2024 and beyond.

Kraig Labs U.S. team just concluded a very productive month of onsite work with it senior sericulture consultant for India. Following up on that work, management plans to implement advanced rearing protocol across all of its operations domestically and overseas. The Company also plans to bring these consultants to Vietnam in the spring of 2024 to work directly with its production team as the Company builds out its capabilities.

To view the most recent news from Kraig Labs and/or to sign up for Company alerts, please go to www.KraigLabs.com/news   

About Kraig Biocraft Laboratories, Inc.

Kraig Biocraft Laboratories, Inc. (www.KraigLabs.com), a 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.

Ben Hansel, Hansel Capital, LLC

(720) 288-8495

ir@KraigLabs.com

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Kraig Biocraft Laboratories Strengthens Spider Silk Production Operations with Sericulture Experts from India

ANN ARBOR, Mich., – November 27, 2023 –Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company” or “Kraig Labs”), the biotechnology company focused on the development and commercialization of spider silk, today announced its continued investment into building its world-class team with the addition of leading sericulture consultants from India. Before joining Kraig, these individuals spent more than 30 years in senior-level positions overseeing all aspects of India’s silk production on a national scale.

The first of these experts is currently at Kraig’s R&D headquarters for 30 days of hands-on work with the team to provide onsite training for technical staff, strengthen its rearing operation fundamentals, and support the field testing of our production operations. 

Following the overhauling of U.S. operations and providing production-oriented training with its U.S. staff, the Company plans to bring these technical experts to review and overhaul its overseas operations and facilities. The primary focus is to improve production yields and increase throughput.

Kraig Labs assembled this team of outside production experts to address all aspects of spider silk production, including new strain development and purification, optimizing and selection of ideal hybrid breed pairing, disease prevention and screening, construction and management of rearing facilities, and large-scale production.

“We believe that building the best team means assembling the absolute best people, in both gene engineering and production. I am delighted to welcome some of the best minds in silk production from around the world to support our operations in the U.S. and overseas,” said Kraig Labs COO Jon Rice. “We are already implementing significant changes in our U.S. operations based on their recommendations, and I look forward to integrating their expertise into our production operations as we prepare for Spring field trials.”

The Company is actively developing numerous pure-line silkworm strains utilizing its recombinant spider silk technology. One key area of focus for work at Kraig Labs’ overseas production operations with these new experts will be testing and creating the optimal pairing of these pure-line strains to produce ideal hybrid cocoons and spider silk. 

To view the most recent news from Kraig Labs and/or to sign up for Company alerts, please go to www.KraigLabs.com/news   

About Kraig Biocraft Laboratories, Inc.

Kraig Biocraft Laboratories, Inc. (www.KraigLabs.com), a 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.

Ben Hansel, Hansel Capital, LLC

(720) 288-8495

ir@KraigLabs.com

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Kraig Biocraft Laboratories Creates Synergy by Onboarding Key Elements and Scientists from the University of Notre Dame Spider Silk Research Operations

ANN ARBOR, Mich., – October 12, 2023 –Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company” or “Kraig Labs”), the biotechnology company focused on the development and commercialization of spider silk, today announced that it hired key scientists from the University of Notre Dame (“UND”) spider silk research lab following the retirement of Dr. Malcolm Fraser, Professor Emeritus. Onboarding their expertise and blending it with the Company’s R&D operations has created significant synergies in both molecular biology and sericulture. 

This merger of Kraig Labs operations with significant elements, including scientific personnel, from the UND Fraser Lab, comes after more than a decade of close collaboration between Kraig Labs and the University that created the Company’s first spider silk transgenics, including Monster Silk® and Dragon Silk®.

The core technologies initially envisioned by the Company’s Founder and CEO, Kim Thompson, were first driven to practice in the UND labs, creating the first recombinant silkworms spinning spider silk. Following that success, the Company opened its R&D headquarters and has been advancing the state of spider silk transgenics utilizing the latest gene editing technologies.

Integrating members from the UND spider silk research program into Kraig Labs’ R&D operations further strengthens the Company’s expertise and leading role in commercializing cost-effective and eco-responsible spider silk manufacturing.

“I’m very excited to see the continuation of the groundbreaking work in recombinant spider silk that was developed in my lab at Notre Dame,” said Dr. Fraser. “The merger of these two teams holds great promise for the future spider silks. Our collaborations over the last decade have created incredible advancements in recombinant spider silk and transgenic silkworms. I am delighted to see Kraig Labs beefing up its team and increasing the depth of its sericulture expertise as it prepares for larger-scale production of spider silk,” continued Dr. Fraser.

The Company continues to develop new and exciting spider silk technologies utilizing its readily scalable silkworm-based production model. The effect of merging these two industry-leading operations is expected to advance next-generation transgenics development rapidly and strengthen the Company’s international production operations.

“From my initial development of these concepts to our collaboration with Notre Dame and the resulting scientific breakthroughs, we have had one clear vision: large-scale production and commercialization of spider silks,” said Founder and CEO, Kim Thompson. “At each stage in this process, we have faced unique hurdles. Now, as we work to achieve larger-scale production of spider silks, we are harnessing the opportunity to expand our team with scientists from the Fraser Lab with a proven history of success in spider silk development. We are proud to announce that we are fully integrating key members of Fraser’s spider silk program into our operations. This has given us a tremendous needed boost to our operations as we prepare for the successful relaunch of spider silk production.”

To view the most recent news from Kraig Labs and/or to sign up for Company alerts, please go to www.KraigLabs.com/news   

About Kraig Biocraft Laboratories, Inc.

Kraig Biocraft Laboratories, Inc. (www.KraigLabs.com), a 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.

Ben Hansel, Hansel Capital, LLC

(720) 288-8495

ir@KraigLabs.com

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Kraig Biocraft Laboratories Announces Management Changes and Recalibration at its Vietnam subsidiary, Prodigy Textiles, to Support Production of Spider Silk

ANN ARBOR, Mich., – October 2, 2023 –Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company” or “Kraig Labs”), the biotechnology company focused on the development and commercialization of spider silk, today announced a shakeup of the management of its Vietnamese subsidiary, Prodigy Textiles (“Prodigy”). The changes in management personnel and the implementation of new procedures are intended to refocus and re-energize Prodigy, as the Company’s silkworm breeding and egg production/distribution center to support large-scale spider silk manufacturing.

These changes are part of the Company’s larger efforts to optimize operations and fulfill its vision to commercialize spider silk using its scalable, cost-effective, and eco-responsible technologies.

Prodigy’s day-to-day will be led by its new general manager under the supervision of Kraig Labs’ COO. Mr. Ken Le will retain his position as Prodigy Textiles Director, focusing on business development and government relations. The Company is also replacing Prodigy’s head of sericulture and onboarding industry expertise.

“These steps, designed to improve efficiencies and encourage innovation, were taken after thoroughly assessing Prodigy’s operations, procedures, and management,” said COO Jon Rice. “The spider silk technologies developed at Kraig Labs are ready for large-scale production. I am confident that the changes we are making at Prodigy will provide the platform for that growth.”

To view the most recent news from Kraig Labs and/or to sign up for Company alerts, please go to www.KraigLabs.com/news   

About Kraig Biocraft Laboratories, Inc.

Kraig Biocraft Laboratories, Inc. (www.KraigLabs.com), a 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.

Ben Hansel, Hansel Capital, LLC

(720) 288-8495

ir@KraigLabs.com

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Letter to Shareholders from Kraig Labs’ CEO Kim Thompson

As many of you may know, our R&D headquarters is located near the center of a storm that saw seven separate tornados touch down on the evening of Thursday, August 24th.   This storm caused significant power outages across the state, with hundreds of thousands of individuals affected and tens of thousands without power for more than three days, including our R&D headquarters.

I am very pleased to report that our team at Kraig Labs was prepared for this storm, immediately implementing our disaster preparedness plan, and was able to maintain all critical operations at our R&D headquarters throughout the storm and its aftermath. 

As a result of our teams’ quick actions, all critical genetic materials and transgenics are secure, and we remain on track to deliver the next generation of production hybrids to our third-party production partner as scheduled.  Our team maintained around-the-clock watch of our facility and our backup power systems throughout the weekend to ensure all critical systems remained online.  

In the coming weeks, we plan to share additional exciting details on the significant progress we’ve made in all core aspects of our business plan, from molecular biology to the status of our manufacturing operations in Vietnam and the coming roll-out of our next-generation recombinant spider silk hybrids. 

From all of us here at Kraig Labs, we wish you and yours a happy and safe Labor Day weekend.

   – – –

Kim Thompson, Founder and CEO

Kraig Biocraft Laboratories, Inc.

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New Sericulture Experts Join Kraig Biocraft Laboratories, Bringing Extensive Experience Supporting Acceleration of Production Ramp-Up

ANN ARBOR, Mich., – July 19, 2023 –Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company” or “Kraig Labs”), the biotechnology company focused on the development and commercialization of spider silk, announces today that it has filled two key researcher positions. These new hires hit the ground running with nearly 50 years of combined sericulture experience. The new staff members have been integrated into roles at the intersection of R&D and production to strengthen the transition of new technologies from the lab to the field. 

The new staff has introduced new egg treatment/hatching protocol systems that could reduce the rearing cycle by up to 40% during scale-up. Once proven, this approach may allow the Company to accelerate the delivery of its four-strain “double hybrid” production system to its 3rd party contract manufacturer, cutting several months from its original timeline.

The new staff also identified and implemented alternative methods for screening the strength and health of our diverse silkworm colony. That work has led to addressing a previously unknown bottleneck in both laboratory and commercial production. We anticipate that over the next 60 days, this will lead to significantly increased throughput in our U.S. facility. Strengthening our team with these two sericulturists has dramatically enhanced the processes and systems for commercializing our spider silk technologies. We anticipate they will continue to add substantial value to our enterprise over the coming months.   

“We are very excited to welcome these additional members to the Kraig Labs team,” said COO Jon Rice. “The  50 years of combined expertise and hands-on sericulture knowledge they bring to the team perfectly complements the bio-engineering prowess of our molecular biology team.”

The Company remains laser-focused on the commercial production of its recombinant spider silk technology. The Company has moved to allocate these additional resources and this new staff as part of its commitment to bringing its revolutionary spider silk technology to market. The Company remains on track for the rollout of its double hybrid production system, and these additional team members further strengthen that timeline.

To view the most recent news from Kraig Labs and/or to sign up for Company alerts, please go to www.KraigLabs.com/news   

About Kraig Biocraft Laboratories, Inc.

Kraig Biocraft Laboratories, Inc. (www.KraigLabs.com), a 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.

Ben Hansel, Hansel Capital, LLC

(720) 288-8495

ir@KraigLabs.com

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Letter to Shareholders from Kraig Labs’ CEO Kim Thompson

Last month Kraig Labs submitted its response to the U.S. Air Force Research Laboratories (AFRL) Request For Information (RFI) solicitation. This RFI sought out U.S. industrial supply base members that could help strengthen the country’s bio-engineering and bio-manufacturing sectors. This request was intended to ensure that the United States remains at the forefront of bio-manufacturing capabilities and to ensure a domestic supply base for future defense-related production capacity. 

In addition to the renewed interest from the U.S. Department of Defense for the domestic production of bio-engineered materials and manufacturing technologies, Kraig Labs has also been approached by the Ministry of Defense from one of our ally nations. They requested samples of our recombinant spider silk materials for evaluation in protective textile applications. 

The last few weeks have been a busy and exciting time for Kraig Labs and our research and development team. We welcomed several new staff members to our research and development team who are filling many diverse roles, from silkworm colony management to research and creation of the next generation of transgenics. We are still in the hiring process and anticipate adding one or two more qualified R&D team members over the next sixty days.

Our team is bustling as we continue to strengthen our operations through the introduction of more robust commercial silkworm background genetics. The work that we started in late 2022 with the first cross-hybrids, blending our spider silk technology with commercial silkworm strains, has now expanded to nearly a dozen strains of robust production silkworm lines. These strains were sourced from around the world and selected for their strong genetic background and cocoon performance. With these additional strains in-house, we are now starting to cross-breed our spider silk transgenes into these various commercial lines.

Over the next several months, we expect to create enough unique strains of spider silk transgenics to implement a multi-line “double hybrid” production system. We have already begun this process of breeding spider silk-producing variants of the first of these commercial strains that, when crossed with each other, should produce the largest and most robust production silkworms in the Company’s history. 

The program to increase robustness in our spider silk transgenics remains on track and is proceeding as scheduled. We expect to be able to announce the creation of several new lines of production spider silk strains as early as the third quarter.

Beyond the creation of additional robust production strains of our spider silk transgenics, our research team has been quietly working over the last months on multiple projects that we hope to begin sharing more details on soon.

As the research team works to advance the genetics and robustness of our silkworms for the production environment, the Company has also been working in collaboration with its textile consultant and yarn spinners to develop the first materials and applications for spider silk in textiles. The first of these yarns, designed in late 2022, has now been spun. After consultation with several mills, the Company successfully created the first composite silk, pima cotton yarns, with one of the world’s premier cotton spinners. This initial trial proved to be a great success, giving us great insight into aspects of blending silk and cotton that we have used to further refine our silk processing steps. 

Based on the technical analysis of the first silk and cotton composite yarn, the Company partnered with leading U.S. textile engineers to improve several aspects of the silk cutting, washing, and opening processes. The results are a set of processing steps and protocols that have proven to improve the silk staple fiber separation and alignment, which will increase the overall quality and uniformity of the composite yarns. To ensure the quality of these processes as we scale up production, we have invested in the production equipment necessary for the in-house manufacturing of silk staple fibers. These are essential processing steps done after the cocoons have been reeled into raw silk and before the silk can be blended and spun with other fibers. 

We have taken the detailed technical analysis from the spinning of the first yarn and revamped our staple fiber processing with the guidance and advice of top experts here in the U.S. We believe that perfecting the processing of the fibers and yarns which will, in turn, create fabrics and garments of the highest quality is critical for the launch of our joint venture apparel brand, SpydaSilkTM.  Kraig Labs and our partner Kings Group have intentionally slowed down the marketing and launch of the SpydaSilk, the website, and its social media presence, to align with the future release of the brand’s first products.  

Many of you have asked, in recent months, about the near-term potential for an up-listing to a national exchange. Our focus is on building the Company and its fundamentals, most particularly larger scale production. The robustness of our silkworms in the production environment is now the largest bottleneck to large-scale production, and that is the reason for our emphasis on Mendelian genetics and hybridization. Management believes that it would be a miscalculation to attempt an up-list while experiencing a production bottleneck. The sooner we can create new strains and achieve large-scale production, the better for our fundamentals and for the prospect of moving to a larger exchange. 

Our focus remains on developing and improving the robustness of our silkworm strains that can sustain large-scale spider silk production and leveraging that to build a sustainable market presence for Kraig Labs, SpydaSilk, and other future partnerships.

A few shareholders raised questions about the high temperatures that Vietnam recently experienced. First, those record temperatures were set in Thanh Hoa province, more than 700km north of our facilities in Quang Nam. Prodigy Textiles has not experienced any record-setting local temperatures, and even if such climate abnormalities occur in the future, it is equipped to handle them. Prodigy Textiles operates from a historical silk breeding facility constructed with double-insulating brick and concrete walls to regulate temperatures inside. When we renovated the facility, we added air processing and conditioning equipment to all of our rearing facilities to ensure tight control of climate conditions in our egg breeding center, allowing year-round operation. This heat wave also hit the country while our third-party contractor has paused their operations as they await the delivery of more robust silkworms from our teams here at Kraig and Prodigy. The increased robustness that we are building into our transgenics through the global sourcing of commercial silkworm genetics should strengthen their operations for climate variances and disease resistance.

As our team works to eliminate the current production bottleneck by improving background genetics through cross-breeding and hybridization, another emphasis is on creating new transgenics for the production of more advanced materials.   Those two main thrusts of our operation are the reason behind the expansion of our R&D staff. We are excited about the progress we have made internally over the last quarter, and we are very excited to see the continuing progress we are making on enhancing background genetics. 

I want to thank our R&D team for their dedication to this work and I also want to thank our team at Prodigy as well as our contractors for their insights on production. Production is our goal; production is our focus. Production is the key to our fundamentals and all the opportunities that lay ahead. 

   – – –

Kim Thompson, Founder and CEO

Kraig Biocraft Laboratories, Inc.

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Kraig Biocraft Laboratories Preparing Response to U.S. Department of Defense Request for Information on Domestic Biomanufacturing of Spider Silk

ANN ARBOR, Mich., – April 5, 2023 –Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company” or “Kraig Labs”), the biotechnology company focused on the development and commercialization of spider silk, announces today that it is preparing a response to the United States Air Force under the Defense Production Act Investments (DPAI) program. In its efforts to strengthen the U.S. bio-industrial manufacturing capabilities, the U.S. Government is seeking input from industry to identify target areas for governmental investment. 

Under the 2023 National Defense Authorization Act and through executive order, the Secretary of Defense has been authorized to “incentives the expansion of domestic, flexible industrial biomanufacturing capacity for a wide range of materials.” Biosynthetic fibers such as spider silk were specifically identified as a material/technology of interest under this directive. 

Kraig Labs is preparing a detailed response for submission to the U.S. Air Force by its April 19 deadline. While this request for information does not guarantee a subsequent request for proposal or that funding will be available, it does signify the importance that materials, such as spider silk, can play both economically and defensively.   

“We are very pleased to see the renewed support and interest from the Department of Defense (DoD) to strength the U.S. industry supply base for bio-engineering and bio-manufactured materials,” said Company COO Jon Rice. “I believe that Kraig Labs is and will remain a key player in our domestic biomanufacturing capabilities, and we welcome the opportunity to bring the DoD up to date with our progress and the opportunities that lie ahead.”

To view the most recent news from Kraig Labs and/or to sign up for Company alerts, please go to www.KraigLabs.com/news   

About Kraig Biocraft Laboratories, Inc.

Kraig Biocraft Laboratories, Inc. (www.KraigLabs.com), a 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.

Ben Hansel, Hansel Capital, LLC

(720) 288-8495

ir@KraigLabs.com

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