Also Known As:
Hava Pishran Sazeh Sepehr Co. Ltd.
HPSS
Fanavarihaye Imen Pishran Sazeh Sepehr Company
شرکت فناوریهای ایمن پیشران سازه سپهر
شرکت فناوری های هوا پیشران سازه سپهر
Weapon Program:
- Military
Address:
North Sohrevardi St., Barazandeh P. 24 Floor 1, Tehran, Iran
An Iran-based company affiliated with Rayan Roshd Afzar Company, which leads an arms proliferation network supporting Iran's military; has procured critical parts for Iran's unmanned aerial vehicle (UAV) program, according to the U.S. Department of the Treasury.
According to the U.S. Department of the Treasury, has attempted to evade sanctions and procure electro-optical components for Iran; according to the U.S. Department of Justice, has been used as an alias by Rayan Roshd Afzar Company in procurement transactions following the imposition of U.S. sanctions on Rayan Roshd Afzar.
Company activities include the design, construction, installation, and repair of aviation devices and components.
Members of the board of directors include Seyyed Reza Ghasemi (chairman) and Rayan Fan Cav Andish Company (deputy chairperson) represented by Mohsen Parsajam.
Has shared an address with Rayan Roshd Afzar Company and Mersad Mohajer Co LLC.
Established in 2013; changed its trade name from Fanavarihaye Hava Pishran Sazeh Sepehr to Fanavarihaye Imen Pishran Sazeh Sepehr in 2020.
Sanctions
Added on May 31, 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 13382, which targets proliferators of weapons of mass destruction (WMD) and their delivery systems; also subject to the Iranian Financial Sanctions Regulations, which restricts the use of the U.S. financial system for transactions involving Iranian entities.
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; also subject to heightened U.S. export license requirements (with a presumption of denial) due to involvement in activities related to WMD proliferation.