Develops and produces cruise missiles, including naval missiles.

Reportedly acquired a titanium alloy (Ti-6AI-4V) with applications in tactical and cruise missile systems, missile motor cases, and re-entry vehicle structures; the alloy was reportedly supplied by UAE-based Eliya General Trading, and was produced by NMT GmbH, a German firm.

Owned or controlled by Aerospace Industries Organization (AIO); oversees Shahid Alamolhoda Industries (SAI), according to the U.S. Department of the Treasury; has used Kian Metals as a "cover name" to facilitate procurement.

Has been headed by Mohammad Reza Movasaghnia.

Sanctions

Designated by the U.N. Security Council on March 24, 2007, 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 April 19, 2007, 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.

Added on June 16, 2010, 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 are 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.

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.