Kraig Biocraft Laboratories signs agreement with Vietnam Sericulture Association

The company has achieved a series of scientific breakthroughs in the area of spider silk technology with implications for the global textile industry.

As part of this agreement, Kraig Labs disclosed its production plans and schedule for the next two years to the VSA to obtain cooperation in reaching its production targets. This agreement establishes a collaborative working effort between Kraig Labs and the VSA, something the company has been actively working towards for some time.

Under the terms of the agreement, in addition to support and advice on production logistics, the VSA has agreed to assist Kraig Labs in obtaining formal intellectual property registration of its BAM-1 hybrid silkworm strain in Vietnam.

This definitive agreement strengthens the collaboration between Kraig Labs and the VSA, building on and expanding the MoU announced on January 30. This landmark agreement establishes the framework and much of the logistical support needed for the American company to achieve metric-tonne levels of production.

"This agreement is the culmination of many years of work with various governmental and non-governmental agencies to demonstrate our technology and its potential," said Kim K. Thompson, founder and CEO of Kraig Biocraft Laboratories. "This new relationship with the VSA underlines our commitment to Southeast Asia and, we believe, significantly strengthens our position as we scale up production. With this agreement finalised, we are now working jointly with a capable partner to see that vision fulfilled."

Le Quang Tu, chairman of the Vietnamese Sericulture Association said, "We have been following developments at Kraig Labs for many years and we are very happy now to be working directly with them. We believe that Kraig's technology will have a significant positive impact on our industry. They have applied a thoughtful, step-by-step approach. Now, we will take steps together."

US biotechnology company ramps up expansion in Vietnam Kraig Biocraft Laboratories, Inc. (Kraig Labs), the American biotechnology company focused on the development and commercialisation of spider silk, has strengthened its operation in Vietnam to tap into the country’s silk production.

American spider silk manufacturer invests in Viet Nam Kraig Biocraft Laboratories, Inc, a leading American manufacturer of spider silk-based fibre, has signed an agreement with a government entity in Viet Nam to develop its advanced silk technology.

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