Space Travel News
UAV NEWS
U.S. Treasury issues sanctions against Iranian drone producers
U.S. Treasury issues sanctions against Iranian drone producers
by Simon Druker
Washington DC (UPI) May 31, 2024

The U.S. Department of the Treasury issued financial sanctions Friday against four entities and one individual related to Iran's drone manufacturing program.

The designations against the four entities were made through the Treasury's Office of Foreign Assets Control in response to those entities doing business with and supplying technology to Russian military forces in that country's ongoing war with Ukraine.

Also on Friday, the OFAC sanctioned Afshin Khajeh Fard, a top executive with Iran Aviation Industries Organization, a subsidiary of that country's Ministry of Defense and Armed Forces Logistics, which oversees the production of unmanned aerial vehicles or UAVs.

The European Union has similar sanctions in place against the company.

Treasury officials contend the Fard, as well as the four Iran-based companies are conducting business with the Rayan Roshd Afzar Company, another Iranian firm already under OFAC sanctions.

U.S. officials have previously issued sanctions against other entities for conducting business with the sanctioned Rayan Roshd Afzar Company.

Rayan Roshan Afzar was initially designated in 2017 by the Treasury's OFAC.

"Specifically, RRA has produced technical components for the Islamic Revolutionary Guard Corps' UAV program," the Treasury Department said in Friday's statement.

Iran's Islamic Revolutionary Guard Corps is considered a Foreign Terrorist Organization by the U.S. Department of National Intelligence.

Friday's sanctions mean all property and interests in property in or controlled by people in the United States are frozen.

"Today's action reinforces our commitment to disrupt Iran's production and proliferation of deadly UAVs that continue to be used by Russia against Ukraine and by regional terrorist proxies against our troops," Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson said in the agency's statement.

"Treasury will continue to impose costs on those who seek to procure the components Iran needs for its UAV programs and enable the shipment of these weapons to destabilizing actors around the world."

Related Links
UAV News - Suppliers and Technology

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
UAV NEWS
NATO members bordering Russia to build 'drone wall'
Vilnius (AFP) May 24, 2024
Lithuania said Friday that the Baltic state and five other NATO members neighbouring Russia had agreed to build a "drone wall" to defend their borders from "provocations". The plan to use unmanned aerial vehicles for protection was agreed because of security concerns in the region amid Russia's war in Ukraine. Interior Minister Agne Bilotaite announced the plan after talks with her counterparts from fellow Baltic states Estonia and Latvia, as well as Finland, Norway and Poland. "This is a ... read more

UAV NEWS
UAV NEWS
RNA study reveals potential for life in Mars' extreme environments

Redwire to lead Mars imaging study for NASA

Astrobotic to conduct NASA JPL studies for Mars missions

NASA and ESA Collaborate on ExoMars Rosalind Franklin Rover

UAV NEWS
Lithuania becomes 40th nation to join NASA's Artemis Accords

World's first high-definition lunar geologic atlas revealed

NASA Tests Moonwalk Technology in Arizona Desert

Catalyzing a Lunar Economy: DARPA's Initial Findings from LunA-10 Study

UAV NEWS
Peering into Pluto's hidden ocean

Probing for Rocks in an Ice Giant's Core

NASA's Juno captures detailed images of Europa's surface

New Horizons expand research with unique observations

UAV NEWS
Astronomers Discover 15 New Exoplanets and Measure Mass of 126 Others

Exploring the potential for life on Europa through iron snow

ASU researchers address methane mystery of exoplanet

NASA Tool Gets Ready to Image Faraway Planets

UAV NEWS
Launch countdown continues for Saturday's crewed test of Boeing Starliner

SpaceX sends 23 Starlink satellites into orbit on third flight in two days

First crewed Boeing Starliner flight delayed again

SpaceX launches Starlink satellites in second mission of the day

UAV NEWS
Zebrafish on China's space station reported to be in good condition

China sends experimental satellite into orbit with Long March 4C rocket

International Support for China's Chang'e-6 Lunar Mission

Shenzhou XVII astronauts safely back from Tiangong space station

UAV NEWS
Meteor captured by weather satellite

Hera tests CubeSat communication for asteroid mission

UCF Student's Primitive Asteroids Work Provides Context for Further Research, Future NASA Missions

Exploring asteroid Apophis using miniature satellites

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.