Kraig Biocraft management prepares for Vietnam launch

17/05/2018
Developer of spider silk-based fibres Kraig Biocraft Laboratories has said it is preparing silkworm eggs for shipment to Vietnam to make sure its newly announced subsidiary there, Prodigy, can “hit the ground running”.

As well as going to work on the eggs, Kraig has said it has identified “key technical and administration positions” for the operation at Prodigy and is now working with consultants in Vietnam to fill these positions.

Company management is now preparing to travel to Vietnam to oversee Prodigy’s launch and the beginning of operations.
 
“Momentum at Prodigy is growing and we’re focused on the exciting milestones ahead,” said chief operating officer, Jon Rice.  “We are now taking concrete steps to build on all the work we’ve done in Vietnam and to convert that into a thriving operation for spider silk production.”