Also Known As:
Kavan Electronic Company
Kavan Electronic Sadr Aria Engineering Limited Liability Company
شرکت بامسولیت محدود کاوان الکترونیک بهراد
شرکت مهندسي کاوان الکترونیک صدر آریا
Weapon Program:
- Military
Related Country:
- China
- Hong Kong
- Malaysia
- Russia
Address:
No. 63, Unit 4, Shahrara, Patrice Lumumba St., Abshori Sharghi St., Tehran 1445934911, Iran
An Iran-based company; according to the U.S. Department of the Treasury, part of a transnational procurement network led by Hossein Hatefi Ardakani and active in Hong Kong and Malaysia that supports Iran's Islamic Revolutionary Guard Corps (IRGC) Aerospace Force Self-Sufficiency Jihad Organization (ASF SSJO) and its production of unmanned aerial vehicles (UAVs).
According to the U.S. Department of the Treasury, has acquired and sold servomotors and other UAV-applicable items worth hundreds of thousands of dollars to the ASF SSJO; contracted with Saman Industrial Group to supply servomotors to the ASF SSJO; through its support of the ASF SSJO, is involved in the transfer of Iranian UAVs to Russia in support of Russia's invasion of Ukraine, according to the European Union.
Members of the board of directors include Hossein Hatefi Ardakani (chairman).
Shares addresses in Tehran and Yazd with Basamad Electronic Pouya Engineering Limited Liability Company.
Established in 2016; changed its trade name to Kavan Electronics Behrad from Kavan Electronic Sadr Aria Engineering in 2018.
Sanctions
Listed by the European Union on May 31, 2024, as an entity supporting or involved in Iran’s unmanned aerial vehicle (UAV) or missile programs or the transfer of Iranian missiles or UAVs; 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.
Added on December 19, 2023, 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 may be subject to U.S. sanctions; also subject to the Iranian Financial Sanctions Regulations; 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 export license requirements (with a presumption of denial) due to involvement in activities related to WMD proliferation.