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.

Company activities include the design, distribution, production, purchase, and sales of optical and electro-optical components.

Members of the board of directors include Rayan Fan Cav Andish Company (chairperson) represented by Farshad Hakemzadeh.

Has shared an address with Rayan Roshd Afzar Company and Fanavarihaye Hava Pishran Sazeh Sepehr Co LLC.

Established in 2007.

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.