Eltek Secures $5.3m PCB Orders to Strengthen Global Presence
New contracts support international expansion despite short-term operational headwinds
Eltek Ltd. (NASDAQ: ELTK), a leading global manufacturer of high-quality printed circuit boards, announced that it has received purchase orders totalling approximately $5.3 million from an international customer. The orders are scheduled for delivery beginning in the second quarter of 2026, with the final shipment expected in September 2027.
"We are pleased with this award, which supports our strategic objective of expanding our presence in international markets with high-value-added products. It also reflects a growing focus in the market on securing medium-term supply," said Eli Yaffe, Chief Executive Officer of Eltek.
Separately, the Company expects its operating results for the first quarter of 2026 to be adversely affected by a combination of a less favourable fulfilment of its order backlog and unexpected logistics issues, while its backlog has approximately doubled compared to year-end 2025. The Company is actively addressing these factors and expects a gradual normalisation of deliveries over time.
