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

Why Copper Is Heading To $30 And Silver To $200 | Craig Parry

Mako Mining Q3 Earnings: The Transitional Quarter

B2Gold Q3 Earnings: Goose Troubles Cloud The Narrative

Recommended

Emerita Resources Awards Contract For Pre-Feasibility Study On Iberian Belt West Project

Selkirk Copper Appoints Two Members Of Selkirk First Nation To Leadership Team

Related News

China Should Follow China’s Position On Russia-Ukraine War

China recently released its position on the “political settlement of the Ukraine crisis” as its...

Saturday, February 25, 2023, 11:32:00 AM

Russia Asks Kazakhstan to Prepare 100,000 Tons of Gasoline Amid Refinery Woes

Moscow has requested that Kazakhstan stand ready to provide up to 100,000 tons of gasoline...

Wednesday, April 10, 2024, 02:49:00 PM

US Sanctions Drives Insane Spreads In Ruble / Dollar Transactions

New US sanctions targeting Russia’s financial system have forced the Moscow Exchange (MOEX) to suspend...

Thursday, June 13, 2024, 07:58:21 AM

Another Policy Error? Bank of England Hikes Rates Despite Uncertainty Over Economic Growth

The Bank of England on Thursday raised borrowing costs for the third consecutive time, amid...

Friday, March 18, 2022, 11:38:00 AM

US Government Exploring Ways to Sanction Cryptocurrency Use in Russia

The Biden administration is mulling ways to impose additional sanctions against Russia, this time charting...

Monday, February 28, 2022, 10:46:00 AM