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24/7 Market News - Upgrades Signal Bright Future for Kraig Biocraft Labs and Spider Silk
24/7 Market News - Upgrades Signal Bright Future for Kraig Biocraft Labs and Spider Silk

Associated Press

time30-06-2025

  • Business
  • Associated Press

24/7 Market News - Upgrades Signal Bright Future for Kraig Biocraft Labs and Spider Silk

Denver, Colorado--(Newsfile Corp. - June 30, 2025) - a pioneer in digital media dedicated to the swift distribution of financial market news and insights, reports that two prominent companies, one in athletic apparel and the other in aerospace, received significant analyst upgrades, signaling robust growth prospects. Concurrently, Kraig Biocraft Laboratories (OTCQB: KBLB), the only producer of high-performance spider silk fibers surpassing natural silk's qualities, is poised to deliver its revolutionary SpydaSilk® to major global brands, aligning with these industries' push for innovative materials. This convergence of upgrades and biomaterial innovation underscores a transformative moment for both sectors. Please click here for a 24/7 Market News editorial that discusses the Analyst Upgrades and implications for Kraig Labs. Spider Silk: The Material Revolution Athletic apparel and aerospace manufacturers have explored spider silk for its exceptional properties: five times stronger than steel by weight, more elastic than nylon, lightweight, and biodegradable. In apparel, spider silk promises durable, flexible, and sustainable performance wear, reducing reliance on petroleum-based synthetics like polyester, which dominate 65% of the athletic market. Its breathable, tear-resistant nature enhances athlete performance while aligning with sustainability goals. In aerospace, spider silk's strength-to-weight ratio, surpassing Kevlar and carbon fiber, is ideal for composite materials in interiors and structural components. Its flexibility enhances cabin textiles, and its toughness supports lightweight panels, cutting fuel costs in the $100 billion aircraft materials market. As the aerospace industry targets net-zero emissions by 2050, spider silk's lightweight strength supports fuel efficiency and sustainability. The challenge has been scaling production, as natural spider silk harvesting is impractical and synthetic alternatives often lack its full tensile strength and elasticity. Kraig Labs addresses this gap with its proprietary recombinant spider silk technology. Kraig Biocraft Laboratories: Leading the Spider Silk Revolution As the only commercial-scale producer of spider silk fibers that exceed natural silk's performance, using genetically engineered silkworms to create Monster Silk®, Dragon Silk®, and SpydaSilk, Kraig Labs is uniquely positioned to meet this demand. Key milestones include: Kraig's fibers target a $20 billion high-performance fiber market, spanning apparel, aerospace, defense, medical textiles, and filtration. On June 3, 2025, Kraig announced, in a shareholder letter, that it entered active commercial discussions with three major global brands that are on standby to receive initial spider silk shipments. 'We are in regular communication with three major global brands that are standing by to receive their first shipments of materials,' the letter stated. These include: 'Currently, we expect to begin deliveries to these customers in the second half of this year.' Market Implications and Outlook Spider silk is entering prime time, from lab-bench fascination to boardroom priority. With delivery-worthy fiber products expected within months, Kraig stands as the leading spider silk materials partner. Analyst upgrades across key sectors align with Kraig's material readiness, an unusual but powerful convergence of capital markets and tech innovation. Kraig's SpydaSilk, outperforming natural silk, positions it as a critical supplier for these industries and beyond. Please click here for the full CEO letter to shareholders. Please click here to read the full Kraig Labs analyst report on For more information, please visit: [ This image cannot be displayed. Please visit the source: ] KBLB Logo To view an enhanced version of this graphic, please visit: About Kraig Biocraft Laboratories, Inc. Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) is a biotechnology company focused on the development and commercialization of spider silk-based fiber technologies. Through its proprietary silkworm-based genetic engineering platform, Kraig Labs produces high-performance, cost-effective, and scalable spider silk materials for use in defense, performance apparel, technical textiles, and medical applications. Contact [email protected] for Analyst Report coverage and other investor/public relations services. 24/7 MARKET NEWS, INC Disclaimer Please go to for disclaimer information. About 24/7 Market News 24/7 Market News is a leading platform for public company market news. As a pioneer in digital media, we are committed to the rapid dissemination of financial market news and information. We excel in creating innovative public relations campaigns to help our clients effectively reach their target audience. 24/7 Market News offers paid coverage for public companies. For more information or PR inquiries, please contact: [email protected] Please go to for further information. CONTACT: 24/7 Market News [email protected] Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company's ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words 'intends,' 'may,' 'will,' 'plans,' 'expects,' 'anticipates,' 'projects,' 'predicts,' 'estimates,' 'aims,' 'believes,' 'hopes,' 'potential' or similar words. Actual results could differ materially from those described in these forward-looking statements due to a number of factors, including without limitation, the Company's ability to continue as a going concern, the popularity and/or competitive success of the Company's acquired football and other sports teams, the Company's ability to attract players and staff for acquired clubs, unsuccessful acquisitions or other strategic transactions, the possibility of a decline in the popularity of football or other sports, the Company's ability to expand its fanbase, sponsors and commercial partners, general economic conditions, and other risk factors detailed in the Company's filings with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update such forward-looking statements except in accordance with applicable law. To view the source version of this press release, please visit

CPX Holding acquires spiderSilk to drive global cybersecurity expansion
CPX Holding acquires spiderSilk to drive global cybersecurity expansion

Wamda

time07-05-2025

  • Business
  • Wamda

CPX Holding acquires spiderSilk to drive global cybersecurity expansion

UAE-based CPX Holding has acquired spiderSilk, a UAE-based cyber-AI startup, including its leading platform for managing exposure, Resonance. The deal merges CPX's comprehensive threat detection and response capabilities with spiderSilk's product innovation and AI-driven platforms to deliver more intelligent and agile defence solutions. Founded in 2019, spiderSilk has developed regionally built cybersecurity products now used across public and private sectors, including autonomous SOC AI agents and a first-of-its-kind cyberintelligence platform built on a global knowledge graph. The acquisition supports CPX's international growth strategy, with expansion plans into key markets including North America, Saudi Arabia, and the GCC. CPX Holding, a leading provider of cutting-edge cyber and physical security solutions and services, has announced the acquisition of spiderSilk, a pioneering cyber-AI product company renowned for its proprietary AI-powered defensive technologies, including the flagship exposure management platform, Resonance. The acquisition combines CPX's trusted end-to-end expertise in threat detection, analysis, and remediation with spiderSilk's product-led innovation and AI-driven technologies. Together, they aim to offer organisations more intelligent, integrated and agile solutions to defend against today's most complex cyberthreats. This alliance paves the way for expansion into key international markets, including North America, Saudi Arabia and the GCC, and positions the UAE as a fast-rising hub for world-class cybersecurity innovation. 'This acquisition marks a new era of growth and innovation,' said Hadi Anwar, CEO of CPX. 'By uniting two of the best cybersecurity innovators from the UAE, we're building a powerhouse in cyberthreat detection and response – locally rooted, globally competitive. This acquisition underscores our commitment to rapid growth and global expansion, further strengthening our cybersecurity leadership. Together with spiderSilk, we are poised to deliver cutting-edge, AI-powered solutions that proactively address the most sophisticated cyberthreats, helping organisations around the world stay one step ahead in an increasingly digital world.' Since its inception in 2019, spiderSilk has successfully built and commercialised cybersecurity products from the UAE for both regional and global audiences. This includes newly launched product offerings such as autonomous SOC AI agents and the first of its kind cyberintelligence platform using a truly Internet-wide knowledge graph. The company's products are being used by customers in both the public and private sectors across the region. Its robust R&D center will continue to lead innovation, creating new solutions and keeping the company at the forefront of cyberthreat defence. 'This strategic relationship marks a watershed moment for the cybersecurity ecosystem, redefining how state-of-the-art capabilities are developed in the region with a global audience in mind,' said Rami El Malak, CEO and Co-Founder of spiderSilk. 'As the first cyber-AI start-up in the region, we have been dedicated to pushing the boundaries of innovation in cybersecurity for the last six years. This acquisition is a game-changer, enabling us to amplify our impact, scale across multiple international markets, and collectively reach new heights in protecting businesses globally.' Global Ventures (MENA's leading VC firm) and Dara Holdings, will remain part of the journey, supporting CPX's leadership in driving the company's continued growth.

UAE Cybersecurity Leader CPX Acquires Pioneering Cyber-AI Firm spiderSilk - Middle East Business News and Information
UAE Cybersecurity Leader CPX Acquires Pioneering Cyber-AI Firm spiderSilk - Middle East Business News and Information

Mid East Info

time06-05-2025

  • Business
  • Mid East Info

UAE Cybersecurity Leader CPX Acquires Pioneering Cyber-AI Firm spiderSilk - Middle East Business News and Information

A strategic acquisition to further advance UAE's cyber defense capabilities and its growing global cybersecurity footprint Abu Dhabi, UAE –May 2025: CPX Holding, a leading provider of cutting-edge cyber and physical security solutions and services, today announced the acquisition of spiderSilk, a pioneering cyber-AI product company renowned for its proprietary AI-powered defensive technologies, including the flagship exposure management platform, Resonance. The acquisition combines CPX's trusted end-to-end expertise in threat detection, analysis, and remediation with spiderSilk's product-led innovation and AI-driven technologies. Together, they aim to offer organizations more intelligent, integrated, and agile solutions to defend against today's most complex cyber threats. This alliance paves the way for expansion into key international markets, including North America, Saudi Arabia, and the GCC, and positions the UAE as a fast-rising hub for world-class cybersecurity innovation. 'This acquisition marks a new era of growth and innovation,' said Hadi Anwar, CEO of CPX. 'By uniting two of the best cybersecurity innovators from the UAE, we're building a powerhouse in cyber threat detection and response—locally rooted, globally competitive. This acquisition underscores our commitment to rapid growth and global expansion, further strengthening our cybersecurity leadership. Together with spiderSilk, we are poised to deliver cutting-edge, AI-powered solutions that proactively address the most sophisticated cyber threats, helping organizations around the world stay one step ahead in an increasingly digital world.' Since its inception in 2019, spiderSilk has successfully built and commercialized cybersecurity products from the UAE for both regional and global audiences. This includes newly launched product offerings such as autonomous SOC AI agents and the first of its kind cyber intelligence platform using a truly internet-wide knowledge graph. The company's products are being used by customers in both the public and private sectors across the region. Its robust R&D center will continue to lead innovation, creating new solutions and keeping the company at the forefront of cyber threat defense. 'This strategic relationship marks a watershed moment for the cybersecurity ecosystem, redefining how state-of-the-art capabilities are developed in the region with a global audience in mind,' said Rami El Malak, CEO and Co-Founder of spiderSilk. 'As the first cyber-AI start-up in the region, we have been dedicated to pushing the boundaries of innovation in cybersecurity for the last 6 years. This acquisition is a game-changer, enabling us to amplify our impact, scale across multiple international markets, and collectively reach new heights in protecting businesses globally.' Global Ventures (MENA's leading VC firm) and Dara Holdings, will remain part of the journey, supporting CPX's leadership in driving the company's continued growth. This acquisition further highlights the UAE's global leadership in advancing AI and cybersecurity innovation, aligning perfectly with the nation's vision to foster cutting-edge technological growth and reinforcing its position as a strategic hub for pioneering cyber defense capabilities.

CPX Acquires Cyber-AI Firm spiderSilk
CPX Acquires Cyber-AI Firm spiderSilk

Channel Post MEA

time06-05-2025

  • Business
  • Channel Post MEA

CPX Acquires Cyber-AI Firm spiderSilk

CPX Holding has announced the acquisition of spiderSilk, a pioneering cyber-AI product company renowned for its proprietary AI-powered defensive technologies, including the flagship exposure management platform, Resonance. The acquisition combines CPX's trusted end-to-end expertise in threat detection, analysis, and remediation with spiderSilk's product-led innovation and AI-driven technologies. Together, they aim to offer organizations more intelligent, integrated, and agile solutions to defend against today's most complex cyber threats. This alliance paves the way for expansion into key international markets, including North America, Saudi Arabia, and the GCC, and positions the UAE as a fast-rising hub for world-class cybersecurity innovation. 'This acquisition marks a new era of growth and innovation,' said Hadi Anwar, CEO of CPX. 'By uniting two of the best cybersecurity innovators from the UAE, we're building a powerhouse in cyber threat detection and response—locally rooted, globally competitive. This acquisition underscores our commitment to rapid growth and global expansion, further strengthening our cybersecurity leadership. Together with spiderSilk, we are poised to deliver cutting-edge, AI-powered solutions that proactively address the most sophisticated cyber threats, helping organizations around the world stay one step ahead in an increasingly digital world.' Since its inception in 2019, spiderSilk has successfully built and commercialized cybersecurity products from the UAE for both regional and global audiences. This includes newly launched product offerings such as autonomous SOC AI agents and the first of its kind cyber intelligence platform using a truly internet-wide knowledge graph. The company's products are being used by customers in both the public and private sectors across the region. Its robust R&D center will continue to lead innovation, creating new solutions and keeping the company at the forefront of cyber threat defense. 'This strategic relationship marks a watershed moment for the cybersecurity ecosystem, redefining how state-of-the-art capabilities are developed in the region with a global audience in mind,' said Rami El Malak, CEO and Co-Founder of spiderSilk. 'As the first cyber-AI start-up in the region, we have been dedicated to pushing the boundaries of innovation in cybersecurity for the last 6 years. This acquisition is a game-changer, enabling us to amplify our impact, scale across multiple international markets, and collectively reach new heights in protecting businesses globally.' Global Ventures (MENA's leading VC firm) and Dara Holdings, will remain part of the journey, supporting CPX's leadership in driving the company's continued growth. This acquisition further highlights the UAE's global leadership in advancing AI and cybersecurity innovation, aligning perfectly with the nation's vision to foster cutting-edge technological growth and reinforcing its position as a strategic hub for pioneering cyber defense capabilities. 0 0

UAE Cybersecurity Leader CPX acquires pioneering cyber-AI firm spiderSilk
UAE Cybersecurity Leader CPX acquires pioneering cyber-AI firm spiderSilk

Zawya

time06-05-2025

  • Business
  • Zawya

UAE Cybersecurity Leader CPX acquires pioneering cyber-AI firm spiderSilk

Abu Dhabi, UAE: CPX Holding, a leading provider of cutting-edge cyber and physical security solutions and services, today announced the acquisition of spiderSilk, a pioneering cyber-AI product company renowned for its proprietary AI-powered defensive technologies, including the flagship exposure management platform, Resonance. The acquisition combines CPX's trusted end-to-end expertise in threat detection, analysis, and remediation with spiderSilk's product-led innovation and AI-driven technologies. Together, they aim to offer organizations more intelligent, integrated, and agile solutions to defend against today's most complex cyber threats. This alliance paves the way for expansion into key international markets, including North America, Saudi Arabia, and the GCC, and positions the UAE as a fast-rising hub for world-class cybersecurity innovation. 'This acquisition marks a new era of growth and innovation," said Hadi Anwar, CEO of CPX. 'By uniting two of the best cybersecurity innovators from the UAE, we're building a powerhouse in cyber threat detection and response—locally rooted, globally competitive. This acquisition underscores our commitment to rapid growth and global expansion, further strengthening our cybersecurity leadership. Together with spiderSilk, we are poised to deliver cutting-edge, AI-powered solutions that proactively address the most sophisticated cyber threats, helping organizations around the world stay one step ahead in an increasingly digital world." Since its inception in 2019, spiderSilk has successfully built and commercialized cybersecurity products from the UAE for both regional and global audiences. This includes newly launched product offerings such as autonomous SOC AI agents and the first of its kind cyber intelligence platform using a truly internet-wide knowledge graph. The company's products are being used by customers in both the public and private sectors across the region. Its robust R&D center will continue to lead innovation, creating new solutions and keeping the company at the forefront of cyber threat defense. "This strategic relationship marks a watershed moment for the cybersecurity ecosystem, redefining how state-of-the-art capabilities are developed in the region with a global audience in mind," said Rami El Malak, CEO and Co-Founder of spiderSilk. 'As the first cyber-AI start-up in the region, we have been dedicated to pushing the boundaries of innovation in cybersecurity for the last 6 years. This acquisition is a game-changer, enabling us to amplify our impact, scale across multiple international markets, and collectively reach new heights in protecting businesses globally.' Global Ventures (MENA's leading VC firm) and Dara Holdings, will remain part of the journey, supporting CPX's leadership in driving the company's continued growth. This acquisition further highlights the UAE's global leadership in advancing AI and cybersecurity innovation, aligning perfectly with the nation's vision to foster cutting-edge technological growth and reinforcing its position as a strategic hub for pioneering cyber defense capabilities. About CPX Holding CPX, a G42 company, is a leading provider of end-to-end cyber and physical security solutions and services. Founded in 2022 and headquartered in Abu Dhabi, CPX employs over 600 cyber and physical security specialists serving enterprises, governments, and critical infrastructure sectors in the UAE and beyond. With a strong focus on delivering transformative security across the AI ecosystem, CPX empowers organizations to assess risks, protect assets, and operate with unwavering confidence. About spiderSilk spiderSilk, founded in 2019 by Rami El Malak and Mossab Hussein, is the region's pioneering cyber-AI product company, renowned globally for its innovative AI-powered cybersecurity solutions. spiderSilk provides advanced defensive technologies including its flagship exposure management platform, Resonance, autonomous SOC agents, and an internet-wide intelligence platform. Headquartered in the UAE, spiderSilk serves a global customer base across the UAE, Saudi Arabia, and the United States, with a dedicated R&D center continuously driving innovation.

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