Treasury Targets Enablers of Iran's UAV Production

May 31, 2024

Publication: 

U.S. Department of the Treasury

The United States sanctioned a network of entities connected to Rayan Roshd Afzar Company for their involvement in Iran's UAV industry. These included Rayan Fan Kav Andish Co (RFKA), Kish Mechatronics Co., Fanavarihaye Hava Pishran Sazeh Sepehr Co LLC (HPSS), and Mersad Mohajer CO LLC. The United States also sanctioned Afshin Khajeh Fard, who is the chief of Iran Aviation Industries Organization (IAIO) and oversees Iran’s drone and missile production efforts.