Recent Updates — ELTK
Eltek Ltd. announced on October 6, 2026, that it has received follow-on purchase orders totaling $6.8 million from an international customer. The company stated these orders bring its backlog to a record level and are scheduled for delivery throughout 2027 and 2028. Eltek Ltd. is a global manufacturer of high-quality printed circuit boards (PCBs) specializing in complex, high-end solutions for the defense, aerospace, and medical industries.
Eltek Ltd. announced on September 9, 2026, that CEO Eli Yaffe will retire effective September 23, 2026, after leading the company since July 2018. The Board appointed current CFO Ron Freund as the new Chief Executive Officer, with Freund retaining his CFO duties until a successor is named. Additionally, Yaffe was appointed to the Board of Directors effective March 8, 2027. This leadership transition marks a significant change in executive management for the company. Eltek Ltd. operates in the electronics manufacturing industry as a global manufacturer and supplier of high-quality printed circuit boards (PCBs) for defense, aerospace, and medical sectors.
Eltek Ltd. reported second-quarter 2026 financial results showing revenues of $11.5 million and a net loss of $2.7 million, or $0.41 per fully diluted share, compared to a net income of $0.4 million in the prior year period. The company cited a transition period focused on stabilizing manufacturing operations and integrating new production lines as drivers for the operating loss of $2.5 million. CEO Eli Yaffe noted that while stabilization is progressing, it remains incomplete, with ERP implementation and PCB plating line qualification underway. Eltek operates in the printed circuit board (PCB) manufacturing industry.
Eltek Ltd. filed a 6-K to provide notice of its upcoming Annual General Meeting of Shareholders, scheduled for August 11, 2024. The filing contains proxy statements and proxy card forms. Eltek Ltd. is an Israeli-based company that provides power solutions for telecommunications and data centers.