Core Insights - Kraig Biocraft Laboratories, Inc. has confirmed that its production operations in Vietnam remain secure and uninterrupted despite recent typhoons affecting Southeast Asia [1][2] - The company's strategic relocation of operations to the highlands in 2024 has proven beneficial for operational resilience and long-term stability [2][4] - Kraig Labs is committed to contributing to relief efforts for those affected by the storms while ensuring its facilities and personnel are safe and operational [3] Company Operations - The spider silk production facilities and infrastructure of Kraig Labs sustained no damage from the severe weather events, including mulberry feedstock supplies [2] - The former facility in Quang Nam province was closed and relocated successfully before the storms, ensuring no disruption to production [3] - The company has adopted a strategy of maintaining multiple, parallel production facilities to enhance scalability and safeguard against potential disruptions [4] Strategic Investments - Investments in infrastructure, redundancy, and strategic location have positioned Kraig Labs in a strong operational stance [5] - The company aims to advance its spider silk production capacity and meet market demand for innovative materials [5]
Kraig Biocraft Laboratories Confirms Spider Silk Production Operations Unaffected by Southeast Asia Typhoons due to Strategic Relocations to Highland Over Last 24 Months
Globenewswire·2025-11-03 12:05