On April 9, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control designated five Iran-based entities and an Iranian individual for their roles in procuring or manufacturing critical technologies for the Atomic Energy Organization of Iran (“AEOI”) and its subordinate Iran Centrifuge Technology Company (“TESA”), two entities that have had a key role in managing Iran’s nuclear program. OFAC reported that the AEOI was designated in the Annex of Executive order 13382, which targets proliferators of weapons of mass destruction and their means of delivery. The AEOI was re-designated by the U.S. Department of State in 2020, and the U.S. Treasury designated the TESA in 2022. According to OFAC, the new designations were issued in furtherance of U.S. policy to deny Iran’s access to nuclear weapons, in accordance with National Security Presidential Memorandum 2.
The designees include the Atbin Ista Technical and Engineering Company (“AIT”) and Majid Mosallat, who serves as AIT’s Managing Director and its Chairman of the Board of Directors. According to OFAC, AIT and Mosallat have facilitated TESA’s acquisition of components from foreign suppliers. All of the new designations were imposed pursuant to EO 13382. As a result, all property and interests in property of these designees within the United States or within the possession or control of a U.S. person are blocked, and U.S. persons are generally prohibited from engaging in transactions involving the designated persons. Entities owned 50 percent or more by one or more blocked persons are also blocked.