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 the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

Antimony Resources Begins Technical Studies For Permitting Bald Hill Antimony Project

First Majestic Aims To Restart Production At Jerritt Canyon In H2 2027

Related News

Russian Central Bank Suspends Currency Intervention Due to Sanctions

Russia’s central bank decided to forego currency intervention meant to support the ruble, as the...

Monday, February 28, 2022, 03:45:47 PM

Kazakhstan Will Not Recognize Referendums In Occupied Ukraine

Kazakhstan, a close ex-Soviet republic, said on Monday that it will not recognize the annexation...

Tuesday, September 27, 2022, 02:33:00 PM

Natural Gas Prices Soar After Gazprom Announces Another ‘Routine Maintenance’ Shutdown

A major Russian pipeline shipping natural gas to Europe is expected to go offline for...

Monday, August 22, 2022, 02:05:00 PM

Russian Men Reportedly Now Forbidden To Leave Russia

Russian President Vladimir Putin’s partial military mobilization can’t seem to mobilize the human resources it...

Monday, September 26, 2022, 11:11:58 AM

Ukraine Halts Grain Product Exports in Effort to Avert Humanitarian Crisis

Brace yourselves, global food prices are about to get a lot higher. Ukraine on Wednesday...

Thursday, March 10, 2022, 11:49:00 AM