Also Known As:
142, Shahid Reza Farshadi and Shahid Hasan-e streets, Lavizan, Iran
Added on October 13, 2017 to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), freezing its assets under U.S. jurisdiction and prohibiting transactions with U.S. parties, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMD) and their delivery systems; foreign parties facilitating transactions for the entity or otherwise assisting the entity are subject to U.S. sanctions.
Shahid Alamolhoda Industries (SAI) was designated for being owned or controlled by Iran's Naval Defence Missile Industry Group (SAIG); SAIG, which is involved in the development and production of cruise missiles and is responsible for naval missiles, was designated pursuant to E.O. 13382 on June 16, 2010; SAIG also is sanctioned by the United Nations and the European Union; SAI, a direct subordinate to SAIG, is involved in the development of missile components.