TORONTO–(BUSINESS WIRE)– #Aseslan–CIEL Defence Inc., the defence-focused investment arm of Canadian private investment firm CIEL Capital Inc. (“CIEL Capital”), has signed a memorandum of understanding (“MoU”) with ASELSAN to explore opportunities to develop majority Canadian-owned defence industrial capabilities. The agreement was signed on October 23, 2026. ASELSAN, a publicly traded Türkiye-based defence technology company ranked 40th in the 2026 Defense News Top 100 and employing 15,000 professional