Mindex, which presents itself as the export arm of Iran’s Ministry of Defense, is offering ballistic missiles, drones, and other advanced military systems to foreign governments, stating that payments may be made through cryptocurrency, buyers’ local currencies, barter arrangements, as well as conventional bank transfers.
The online platform lists more than 3,000 products across categories such as armaments, rocket and missile systems, aviation equipment, naval platforms, and radar and optical technologies. The website is hosted on an Iranian cloud provider already sanctioned by the United States and highlights decades of experience in foreign military sales and cooperation with international clients.
In its frequently asked questions section, Mindex assures potential customers that, considering the Islamic Republic’s broader policies on bypassing sanctions, there is “no problem in implementing the contract,” and it promises that purchased equipment will be delivered “as soon as possible.”
According to its “About Us” page, Mindex began its marketing activity in 1989 and is affiliated with the Ministry of Defence and Armed Forces Logistics (MODAFL), a body placed under US sanctions in 2007 for supporting Iran’s missile and conventional arms programs.
Washington has repeatedly targeted MODAFL-linked front companies and procurement networks, warning that foreign entities purchasing or supplying hardware through such channels may face secondary sanctions and possible exclusion from the US financial system.
Recent US measures have also focused on crypto payment channels and so-called “shadow banking” networks accused of helping Iran move revenue from oil and weapons transactions outside formal banking systems, underscoring additional risks for buyers using digital assets to pay Mindex.