Hackers Found That Russia Paid Iran $1.75 Billion ‘In Literal Gold’ for 6,000 Drones

The Prana Network, a group of hackers, has reportedly infiltrated the email servers of the Iranian Revolutionary Guard Corps (IRGC), unearthing a trove of data on the sale of Shahed drones to Russia. 

The data, approximately 10 gigabytes, was extracted from Sahara Thunder, a front company for the IRGC, which has been facilitating the sale of Iranian arms to Russia, including the Shahed kamikaze drones used in the Ukraine War since Russia’s invasion in 2022.

The Shahed drones, specifically the delta-winged Shahed-131/136 variants, are designed and manufactured by Shahed Aviation Industries Research Center, an entity operating under the IRGC. 

These drones are reported to have a range of 500 to 900 miles and have been utilized extensively in military operations. Contrary to a report by the Guardian, which cited an analyst with the International Institute for Strategic Studies pegging the cost of each drone at $20,000 or more, documents from Sahara Thunder revealed by Prana Network indicate a claimed production cost of $375,000 per unit.

The leaked documents further disclosed that Russia and Iran had negotiated a discounted bulk purchase price, agreeing on $193,000 per drone for a 6,000 unit order, totaling $1.75 billion including licensing fees for local production in Russia. 

The leaked documents also reveal that Russia paid for the drones, hardware, and software in gold, shipping a little over two tonnes in bullion to the manufacturer Sahara Thunder.

The revelation of the actual costs involved in the drone transactions between Russia and Iran highlights the strategic and financial dimensions of their military cooperation. While the drones remain effective from a cost perspective, their real cost significantly exceeds earlier estimates.


Information for this story was found via The Guardian, Forbes, Yahoo, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Canada Should Be as Rich as Saudi Arabia. But It’s Not! | Michael Gentile

Artemis Gold Q3 Earnings: Growth Already In Focus

IAMGOLD Q3 Earnings: Market Responds With MASSIVE Price Lift

Recommended

Kalshi Faces Class Action Lawsuit Over Alleged Illegal Sports Betting

Silver47 Hits 606 g/t Over 9.7 Metres Silver Equivalent In Final Assays From 2025 Drill Program At Red Mountain

Related News

Russia’s Central Bank Turns to Chinese Yuan for Reserves Amid Sanctions

In its annual report released on Friday, Russia’s central bank highlighted the increasing importance of...

Monday, April 1, 2024, 11:10:00 AM

The Moscow Exodus: Russia Orders Airlines To Stop Selling Flights Out Of The Country To Men Aged 18-65

Russian President Vladimir Putin’s latest war chess move has his citizens scrambling for plane flights...

Wednesday, September 21, 2022, 10:21:24 AM

Anonymous Claims To Have Leaked Nestlé Customer Data, Gives Western Companies 48 Hours To Leave Russia

The international hacktivist collective known as Anonymous has announced that it has leaked 10GB worth...

Tuesday, March 22, 2022, 11:13:31 PM

EU Wants to Cash Frozen Russian Assets But Lacks Legal Options

The European Union is mulling ways to cash Russia’s frozen assets, claiming that the proceeds...

Wednesday, November 30, 2022, 12:18:00 PM

Russian Banks Shutting Down Branches Amid Falling Profits

Russian banks are being forced to close down their branches across the country due to...

Tuesday, May 21, 2024, 03:46:00 PM