About Eltek
Eltek is a company based in Petah Tikva (Israel) founded in 1970 by Yitzhak Nissan was acquired by Nistec in November 2013. It operates as a B2B2C, and Professional Services. The company has 329 employees as of December 31, 2024. Eltek offers products and services including Flex-Rigid PCBs, Rigid PCBs, HDI Flex PCBs, and Teflon & Hybrid Boards. Eltek operates in a competitive market with competitors including Synopex, All Flex Flexible Circuits & Heaters, Epec, MFLEX and Newflex, among others.
- Headquarter Petah Tikva, Israel
- Employees 329 as on 31 Dec, 2024
- Founders Yitzhak Nissan
- Stage Public
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Eltek Ltd.
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IPO & Listings of Eltek
Eltek is a publicly listed company on the NASDAQ with ticker symbol ELTK in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Eltek
Eltek offers a comprehensive portfolio of products and services, including Flex-Rigid PCBs, Rigid PCBs, HDI Flex PCBs, and Teflon & Hybrid Boards. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Complex flex-rigid boards are manufactured for high reliability.
High-end rigid boards are produced for various applications.
High-density interconnect flex boards are crafted for performance.
Specialized Teflon hybrid boards are designed for specific needs.
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Funding Insights of Eltek
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Eltek
Eltek has secured backing from 1 investor. Prominent investors backing the company include Nistec. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Electronic design, manufacturing, and assembly services for communications and defense sectors.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Eltek
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Eltek
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Eltek Comparisons
Competitors of Eltek
Eltek operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Synopex, All Flex Flexible Circuits & Heaters, Epec, MFLEX and Newflex, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Water filtration membranes and printed circuit boards are manufactured.
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| domain | founded_year | HQ Location |
Flexible circuits and heaters are designed and assembled.
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| domain | founded_year | HQ Location |
Custom-engineered components and inventory solutions are manufactured by Epec.
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| domain | founded_year | HQ Location |
Provider of flexible printed circuit boards
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| domain | founded_year | HQ Location |
Multiple types of printed circuit boards are manufactured for electronics.
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| domain | founded_year | HQ Location |
Flexible Printed Circuit Boards are manufactured for electronics applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Eltek
Frequently Asked Questions about Eltek
When was Eltek founded?
Eltek was founded in 1970.
Where is Eltek located?
Eltek is headquartered in Petah Tikva, Israel. It is registered at Petah Tikva, Central District, Israel.
Who is the current CEO of Eltek?
Eli Yaffe is the current CEO of Eltek.
How many employees does Eltek have?
As of Dec 31, 2024, the latest employee count at Eltek is 329.
What is the annual revenue of Eltek?
Annual revenue of Eltek is $46.53M as on Dec 31, 2024.
What does Eltek do?
Eltek Ltd. is established as a global leader in the manufacturing of complex rigid and flex-rigid printed circuit boards (PCBs). The company serves diverse sectors including defense, aerospace, healthcare, and high-speed digital industries. Solutions are provided for high-reliability applications in military, medical, and industrial markets. Support is offered from early project stages through production, ensuring quality and compliance with industry standards such as ISO-9100, NADCAP, and ITAR. Partnerships are maintained with leading electronics and technology companies across various industries.
What products or services does Eltek offer?
Eltek offers Flex-Rigid PCBs, Rigid PCBs, HDI Flex PCBs, and Teflon & Hybrid Boards.
Is Eltek publicly traded?
Yes, Eltek is publicly traded on NASDAQ under the ticker symbol ELTK.
Who are Eltek's investors?
Eltek has 1 investor. Key investors include Nistec.
What is Eltek's ticker symbol?
The ticker symbol of Eltek is ELTK on NASDAQ.
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