Company Data
Kraig Biocraft Labs Inc
Ticker
KBLB
Current Price
$0.0925 -0.54%
Market Cap
$96.0M
Price Target
Refer to Report
Volume
386.8K
52wk Range
$0.06 - $0.15745
Overview
Kraig Biocraft Laboratories Inc is engaged in the development of high strength fibers using recombinant DNA technology mainly for commercial applications in both the specialty fiber and technical textile industries. It uses genetic engineering technologies to develop fibers with greater strength, resiliency and flexibility for use in its target markets, namely the textile, specialty fiber and technical textile industries. Its principle offering is a genetically engineered spider silk known as Monster Silk which is a composite fiber, spun by its line of transgenic silkworms. It generates the majority of its revenues from its business across the United States.