Prodigy Textiles, the subsidiary of Kraig Biocraft Laboratories, the leading developer of spider silk based fibers, has acquired the company’s factory in Vietnam. The company is retrofitting the nearly 50,000 sq ft facility to produce its game changing recombinant spider silk materials. This facility was selected based on its optimal layout and existing infrastructure.

The company has outlined an aggressive timeline for commissioning the factory. It expects to deliver the first batch of its recombinant spider silk thread, from this factory to one of its strategic market channel partners in the third or fourth quarter.

Kraig Biocraft Laboratoriesis a fully reporting biotechnology company focused on the commercialisation of new textiles and high performance fibers including spider silks. As the leading developer of genetically engineered spider silk based fiber technologies, Kraig Biocraft has been able to achieve a series of scientific breakthroughs in the area of spider silk technology.