This does sound incredible. If there's anywhere to follow your progress please let us know.

This is exciting, please post updates somewhere!

the impact of this would be significant. You should check out Issey Miyake's "A Piece of Cloth" (Issey Miyake: A-POC and 132 5) collection, which was clothing based on a single piece of fabric. It's old, like 1999 era, but the concept has come up a few times since.

https://www.moma.org/collection/works/100361 is a start, but there are other examples. Rei Kawakubo also did a collection called Square based on a similar concept. Yoji Yamamoto did a couple as well, there were a few moments in Japanese fashion that would work extremely well with a full garment knitter.

These pictures are the top level concepts, but the rest of the collections if you can still find them have more examples.