NEWS COMMENTARY

Kraig Biocraft partners with textile developer Polartec to commercialize spider silk fabrics

Published:
May 06, 2019
Coverage:
Accelerating Materials Innovation More...
Activities:
Partnership
by Gihan Hewage
Very important

While the two have been partnered since 2016 to develop military-grade textiles, this is Kraig Biocraft's first venture into consumer markets. However, it can be the first spider silk player to sell a high-performing textile product to consumers, as it lacks the challenges in spinning fibers faced by the developers producing protein from microorganisms. Moreover, while competitors are partnered with specific brands, Kraig Biocraft has potential access to Polartec's numerous brand partners. Nevertheless, its overall growth will be limited by the inability to scale up silkworm production – while any products from this partnership may reach a meaningful number of consumers, we anticipate that these products will remain luxury goods.

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