An Iranian company that designs and manufactures optical components and devices; a subsidiary of Iran Electronics Industries (IEI), which is wholly owned by the Iranian Ministry of Defense and Armed Forces Logistics (MODAFL) and manufactures electronic components for Iranian weapon systems, according to the European Union.

According to the U.S. Department of Justice, in 2007 illicitly purchased a Maxicam 3002 high-speed camera that has military and nuclear applications from a U.S. company via Canada and the United Arab Emirates (UAE) through intermediaries Bahram Aran, Shahin Golshani, Asghar Mahmoudi, Aran Modern Devices Kish Company, and Modern Technologies FZC.

Activities include the design and manufacture of complex lenses and prisms, multilayer coatings, binoculars, periscopes, and collimators; performs computer aided design (CAD) of optical elements and multilayer coatings; produces interference filters, long range binoculars, military periscopes for tanks, reticles, transparent conductive coatings, and optical sights for guns.

Products include Oghab series aerial imaging cameras, which can be mounted on piloted aircraft and unmanned aerial vehicles (UAVs), Fater series thermal cameras, and Sadad series long-range cameras; products used by Iran's armed forces reportedly include the Sadad 103 monitoring system, the Fadak 8 laser rangefinder, and the EOVP-4 aerial camera; other products reportedly include electro-optical monitoring systems, digital displays for ships and helicopters, and air defense simulators.

According to the United Kingdom, subsidiaries include Sairan Medical Equipment Industry.

Established in 1987; changed its trade name from Isfahan Optics Industries Company to Sairan Electro-Optic Industries Company in 2009.

Sanctions

Listed by the European Union on July 26, 2010, as an entity linked to Iran's proliferation-sensitive nuclear activities or Iran's development of nuclear weapon delivery systems; with some 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.

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