1. Eltek received $2.4M orders from a defense customer. 2. Products will be delivered mainly in 2026 and 2027. 3. Order involves complex printed circuit boards for critical systems. 4. Eltek is recognized for advanced technology in PCB manufacturing. 5. Company's defense sector ties may stabilize revenue amidst market uncertainty.
The $2.4 million purchase order reflects strong customer demand. Previous orders suggest stability in revenues and potential growth, particularly given the strategic importance of defense contracts.
The significant order highlights Eltek's role in the defense sector, crucial during geopolitical tensions. A strong defense sector is likely to enhance profits and appeal to investors focused on stability.
Revenue from orders extends into 2027, indicating sustained demand. The defense sector often experiences less volatility, providing stable cash flow for Eltek.
PETACH TIKVA, Israel, Aug. 25, 2025 /PRNewswire/ -- Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, announced today that it received orders totaling $2.4 million from a defense customer. The products are to be delivered mainly throughout 2026 and 2027.
"The customer is a leading Israeli defense company, recognized as one of the foremost companies in the country's defense sector. The order relates to products that have previously been supplied to this customer. The PCBs being delivered are critical components in the customer's systems, requiring advanced technological capabilities," commented Eli Yaffe, CEO of Eltek.
About Eltek
Eltek – "Innovation Across the Board," is a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs) and is an Israeli leading company in this industry. PCBs are the core circuitry of most electronic devices. Eltek specializes in the manufacture and supply of complex and high-quality PCBs, HDI, multilayered and flex-rigid boards for the high-end market. Eltek is ITAR compliant and has AS-9100 and NADCAP electronics certifications. Its customers include leading companies in the defense, aerospace and medical industries in Israel, the United States, Europe and Asia.
Eltek was founded in 1970. The Company's headquarters, R&D, production and marketing center are located in Israel. Eltek also operates through its subsidiary in North America and by agents and distributors in Europe, India, South Africa and South America.
For more information, visit Eltek's web site at www.nisteceltek.com.
Forward Looking Statement
Some of the statements included in this press release may be forward-looking statements that involve a number of risks and uncertainties including, but not limited to expected results in future quarters, the impact of Israel's continuing war against Hamas and Hezbollah, the impact of the Coronavirus on the economy and our operations, risks in product and technology development and rapid technological change, product demand, the impact of competitive products and pricing, market acceptance, the sales cycle, changing economic conditions and other risk factors detailed in the Company's Annual Report on Form 20-F and other filings with the United States Securities and Exchange Commission. Any forward-looking statements set forth in this press release speak only as of the date of this press release. The information found on our website is not incorporated by reference into this press release and is included for reference purposes only.
Investor Contact
Ron Freund
Chief Financial Officer
Investor-Contact@nisteceltek.com
+972-3-939-5023
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SOURCE Eltek Ltd.