An Iran-based company that specializes in building air-breathing engines for airplanes, helicopters, and drones; a subsidiary of the Iran Aviation Industries Organization (IAIO), a state-owned enterprise subordinate to the Iranian Ministry of Defense and Armed Forces Logistics (MODAFL); according to the U.S. Department of the Treasury, a front company that has carried out covert procurement activities for Iran Aircraft Manufacturing Industries (HESA).

According to the U.S. Department of the Treasury, was involved in the research, development, and production of the Shahed-171 unmanned aerial vehicle (UAV); was also involved in the development of the Owj turbojet engine unveiled in 2016 and the Jahesh-700 turbofan engine unveiled in 2020; according to the U.S. Department of the Treasury, customers have included the Islamic Revolutionary Guard Corps (IRGC) and the Aerospace Industries Organization (AIO).

Controls Turbine Engineering Manufacturing (TEM); considered by the U.S. Department of the Treasury's Office of Foreign Assets Control to be the same entity as Turbine Engineering Manufacturing (TEM).

Former officials have included Hossein Pourfarzaneh (managing director) and Abdolkarim Bani Tarafi (chairman).

Established in 2014 or 2015.

Sanctions

Listed by the European Union on December 12, 2022, as an entity responsible for actions that undermine or threaten the territorial integrity, sovereignty, and independence of Ukraine; with limited exceptions, EU member states must freeze assets owned or controlled by the entity, directly or indirectly, and prevent assets from being made available to it.

Listed by the European Union on February 25, 2023, as an entity in Russia's defense sector; designation prohibits E.U. member states and entities within their jurisdiction from supplying the entity with certain dual-use goods or technology, or facilitating its acquisition thereof, pursuant to E.U. Regulation 833/2014 of July 31, 2014, concerning restrictive measures in view of Russia's actions destabilizing the situation in Ukraine.

Added on September 8, 2022, 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 and their delivery systems; foreign parties facilitating transactions for the entity or otherwise assisting the entity are subject to U.S. sanctions; also subject to the Iranian Financial Sanctions Regulations; foreign financial institutions facilitating transactions for the entity may be prohibited from opening or maintaining correspondent or payable-through accounts in the United States.

Added on January 31, 2023, to the U.S. Department of Commerce's Entity List of end users subject to heightened export license requirements (with a policy of denial) due to involvement in proliferation activities or other activities of national security concern; exports, reexports, or transfers to the entity of certain foreign-produced items also require a license (with a policy of denial).

Sanctioned by the governments of Australia and Canada, restricting business and/or financial transactions with the entity and/or freezing its assets in those countries.

Listed by the Japanese government in 2023 as an entity of concern for proliferation relating to missiles and nuclear weapons.