Front company for the AIO (Aerospace Industries Organization); involved in the Iranian ballistic missile program; acts or purports to act for or on behalf of SHIG (Shahid Hemmat Industrial Group).

Sanctions

Designated by the U.N. Security Council on March 3, 2008, pursuant to resolution 1737 (2006), as an entity involved in Iran's proliferation sensitive nuclear activities or development of nuclear weapon delivery systems; subsequently designated by U.N. Security Council resolution 2231 (2015); removed from the U.N. list on October 18, 2023, following the expiration of targeted sanctions contained in resolution 2231.

Listed by the European Union on March 12, 2008, as an entity linked to Iran's proliferation-sensitive nuclear activities or Iran's development of nuclear weapon delivery systems; with some exceptions, E.U. member states must freeze assets owned or controlled by the entity, directly or indirectly, and prevent assets from being made available to it.

On August 12, 2008, added to the Specially Designated National (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; foreign parties facilitating transactions for the entity or otherwise assisting the entity are subject to U.S. sanctions.

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

Listed by the Japanese government in 2022 as an entity of concern for proliferation relating to missiles.