Also Known As:
SIG
Weapon Program:
- Military
Address:
West Bound of Azadi Stadium Boulevard, Next to 1 Aftab Street, Tehran, Iran
An Iran-based commercial front company for Iran's Islamic Revolutionary Guard Corps (IRGC) Aerospace Force Self-Sufficiency Jihad Organization (ASF SSJO); according to the U.S. Department of the Treasury, works with a transnational procurement network led by Hossein Hatefi Ardakani supporting the ASF SSJO and its production of unmanned aerial vehicles (UAVs).
According to the U.S. Department of the Treasury, contracted directly with Kavan Electronics Behrad Limited Liability Company to acquire servomotors on behalf of the ASF SSJO.
Sanctions
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.