Also Known As:
شرکت اوج پرواز ما دو نفر
An Iran-based company specialized in manufacturing unmanned aerial vehicle (UAV) components and in importing and exporting commercial goods; according to the U.S. Department of the Treasury, has procured UAV engines for entities linked to the Islamic Revolutionary Guard Corps (IRGC).
According to the U.S. Department of the Treasury, has worked with Yousef Aboutalebi to supply UAV engines to the IRGC Navy, Iran Aircraft Manufacturing Industries (HESA), Qods Aviation Industries (QAI), and other entities supporting weapons development for the Iranian military; has helped Abdollah Mehrabi acquire UAV engines for the Self-Sufficiency Jihad Organization of the IRGC Aerospace Force (IRGCASF).
Reportedly manufactures UAV engines reverse-engineered from American, British, German, and other foreign models, including the MDR-200 (AR741) and the MD-550 (Limbach 550) UAV engines; the China-based company Beijing Micropilot UAV Control System Ltd. reportedly sells UAV engines manufactured by Mado Company.
Established in 2013.
Added on October 29, 2021, 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 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.