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Since January 2016, Eltek Ltd has supplied approximately US$1.6 million of technologically advanced solutions to a strategic customer. The customer selected Eltek because of its capability to produce high performance and reliable solutions. These orders are in addition to $300,000 of such PCBs supplied to this customer in the fourth quarter of 2015.
Yitzhak Nissan, Chairman of the Board and Chief Executive Officer, commented: "Eltek developed an advanced technological manufacturing process that allowed us to win these orders. This solution uses complex processes, including vias copper filling and meticulous testing to ensure the high quality and reliability of the PCBs. Eltek is now able to support a large volume of this type of technologically advanced orders. Having been chosen by a leading customer to supply these orders confirms Eltek's competitive advantages. We are confident that our ability to offer top grade solutions to companies with complicated technological requirements will lead to additional high-end orders in the future."
Eltek - "Innovation across the board", is a global manufacturer and supplier of technologically advanced solutions in the field of Printed Circuit Boards, and is the Israeli leader 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 has ITAR, AS-9100 and NADCAP Electronics permits and its customers include top of the line 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, and R&D, Production and Marketing Center is located in Israel. Eltek operates also through its subsidiaries, Eltek USA (100%) in North America and Kubatronik (79%) in Europe and by agents and distributors in Europe, India, South Africa and South America.