Provides financial and material support to Iran’s Islamic Revolutionary Guard Corps (IRGC), according to the U.S. Department of the Treasury; has designed components for Iran’s missile systems.

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.

In 2011, received U.S.-origin synthesizers and analog devices from Malaysia-based Green Wave Telecommunication, Sdn Bhn that could reportedly be used in weapon guidance systems; Negar Ghodskani, who is an employee of both Green Wave and Fanavari Moj Khavar, allegedly facilitated the export of the items to Green Wave in Malaysia, which transshipped them to Fanavari Moj Khavar in Iran; Green Wave employee Alireza Jalali allegedly repackaged the goods and falsified invoices that understated the value of the items to Malaysian customs authorities.

Oversees Rastafann Ertebat Engineering Company; has close commercial ties with Iran Electronics Industry (IEI), Iran Communications Industry (ICI), and the Islamic Republic of Iran Broadcasting (IRIB).

Manufactures radio links, digital video broadcasting products, and technology for terrestrial and satellite broadcasting, including modulators, digital receivers, compact transmitters, and re-multiplexers.

Company officials include Mahmood Fakhraei (director) and Fahimeh Noori (managing director); registration number is 171433; established in 1998.