Investment
Features
FeesSafety
Academy
More
Pluang+

Kraig Labs ships first commercial spider silk yarn, marking a breakthrough in biotech textile production.

Market News
14 Oct 2026
GlobeNewsWire
View Source
Bullish
Kraig Labs ships first commercial spider silk yarn, marking a breakthrough in biotech textile production.

Kraig Biocraft Laboratories has shipped its first commercial order of spider silk yarn, produced by genetically engineered silkworms that spin fibers combining spider silk proteins with native silk. This milestone demonstrates the company's progress in scaling production and advancing genetic tools to create stronger, tougher fibers for commercial use, including performance apparel. Kraig is expanding production capacity and refining genetic combinations to develop customized fibers, with potential applications in protective textiles, industrial materials, and medical research. The company’s approach merges advanced genetic engineering with traditional silk farming, positioning spider silk as a commercially viable, high-performance material.

Kraig Biocraft Laboratories' spider silk yarn marks a breakthrough in genetically engineered fibers. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 14, 2026 20:32 WIB: of 83 priced US stocks, 16 rose and 66 fell. Notable movers include AYA at USD 25.25 with a -3.59% change, HYMC at USD 16.97 with a -3.41% change, and SSRM at USD 32.00 with a -3.29% change, where typical hold time on Pluang is 2 days and order activity is 0% Sell / 100% Buy.

More News

Genesis Global wins Best AI Solution for Software Development at 2026 AI in Capital Markets Awards

Genesis Global wins Best AI Solution for Software Development at 2026 AI in Capital Markets Awards

Genesis Global won the Best AI Solution for Software Development award at the 2026 AI in Capital Markets Awards for its product Genesis Create. This software combines AI with reusable components and financial expertise to help firms develop productio...

Others
Bullish
35 minutes ago
nuVizz named Accelerator in 2026 Nucleus Research TMS Value Matrix for last-mile delivery tech

nuVizz named Accelerator in 2026 Nucleus Research TMS Value Matrix for last-mile delivery tech

nuVizz has been recognized as an Accelerator in the 2026 Nucleus Research Transportation Management Value Matrix for its specialized last-mile delivery technology. The platform excels in coordinating complex delivery networks involving private fleets...

Market News
Bullish
35 minutes ago
ASML reports strong Q3 2026 EPS of $14.65 on high chip equipment demand despite slight revenue miss.

ASML reports strong Q3 2026 EPS of $14.65 on high chip equipment demand despite slight revenue miss.

ASML Holding posted a strong Q3 2026 earnings per share of $14.65, beating estimates of $12.17, driven by a 55% year-over-year sales growth and a 57.5% gross margin. Although revenue was slightly below expectations at $13.05 billion, the company bene...

Company Fundamentals
Bullish
1 hour ago
Charles Schwab Q3 earnings expected to rise on strong trading and asset management revenue.

Charles Schwab Q3 earnings expected to rise on strong trading and asset management revenue.

Charles Schwab is set to report its Q3 2026 earnings with an estimated EPS of $1.66 and revenue around $7.18-$7.19 billion, reflecting significant growth driven by an 18.2% increase in trading revenue, net interest income, and asset management fees. ...

Company Fundamentals
Bullish
1 hour ago
TSOs prioritize software investments to boost grid security and capacity amid rising demand

TSOs prioritize software investments to boost grid security and capacity amid rising demand

Transmission System Operators (TSOs) are increasingly investing in software like Energy Management Systems and grid planning tools to modernize aging infrastructure, enhance cybersecurity, and expand grid capacity. Cybersecurity remains their top con...

Market News
Neutral
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App