An Iran-based trading company; according to the U.S. Department of the Treasury, part of a network that has facilitated and financed the sale of Iranian unmanned aerial vehicles (UAVs) to Russia on behalf of Iran's Ministry of Defense and Armed Forces Logistics (MODAFL).

As of January 2023, held shares in Sahara Thunder, which serves as the main front company overseeing MODAFL's commercial activities related to the sale of UAVs to Russia; has used the services of information technology firm Mobin Tadbir Sharif Company.

Considered by the U.S. Department of the Treasury to be a MODAFL subsidiary.

Reportedly established in 1993.

Sanctions

Added on April 25, 2024, 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 14024, which targets the Russian government and entities connected to it for harmful foreign activities; foreign parties facilitating transactions for the entity or otherwise assisting the entity may be subject to U.S. sanctions; foreign financial institutions facilitating transactions for the entity may be prohibited from opening or maintaining correspondent or payable-through accounts in the United States; subject to heightened export license requirements (with a presumption of denial) due to involvement in activities related to Russia's invasion of Ukraine.