Eltek
Eltek Ltd designs and manufactures high-reliability power electronics systems exceeding 96% efficiency for telecom infrastructure OEMs (Ericsson, Nokia), serving 5G base stations, data centers, and edge computing, and is expanding into defense, medical, and industrial PCB markets.
- Company typePublic
- Founded1971
- HeadquartersGurugram, India
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Eltek does
Eltek Ltd is an Israel-based, publicly traded designer and manufacturer of high-reliability power electronics systems, founded in 1971 and operating globally from a manufacturing base in Israel across Europe, Asia-Pacific, and North America. Its core product portfolio comprises high-efficiency power conversion systems exceeding 96% efficiency, purpose-built for telecommunications infrastructure applications including 5G base stations, data centers, and edge computing deployments.
The company's business model is OEM-embedded hardware sales: Eltek serves as a tier-1 power electronics component supplier integrated into the reference designs of major telecom infrastructure OEMs, with Ericsson and Nokia named as core strategic customers. Revenue is generated through sale of high-reliability power systems to these telecom OEM partners and the network operators they ultimately serve; pricing is not publicly disclosed. The company is publicly traded, reported full-year 2025 revenue of $51.8M (11% YoY growth), and is executing an investment program targeting expansion into defense, medical, and high-end industrial PCB sectors. Eli Yaffe serves as CEO and Beau Yu as CFO. 2025 profitability was pressured by integration of new plating lines, workforce issues, and approximately $2.2M in shekel-denominated currency headwinds, with net income falling to $0.8M from $4.2M in 2024.
Eltek firmographics
Firmographics- Name
- Eltek
- Legal name
- Eltek Ltd
- Website
- https://eltek.com
- Company type
- Public
- Founded year
- 1971
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Eltek Ltd designs and manufactures high-reliability power electronics systems exceeding 96% efficiency for telecom infrastructure OEMs (Ericsson, Nokia), serving 5G base stations, data centers, and edge computing, and is expanding into defense, medical, and industrial PCB markets.
- Ownership category
- akta.pro rank
Eltek industry classification
Industry- Product category
- Telecom Power Electronics
- NAICS
- Semiconductor and Other Electronic Component Manufacturing (3344), Other Communications Equipment Manufacturing (334290), Electrical Equipment Manufacturing (3353)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600), Communications Equipment, Nec (3669), Printed Circuit Boards (3672)
- akta.pro primary industry
- Power & Energy Systems for Telecom Sites (Generators, Batteries, Fuel) (HDAIAKAG)
- akta.pro secondary industries
- Power Quality, Metering & Monitoring (HDACAJAG), Industrial PCB & Substrate Components (Bare PCBs, rigid-flex, ceramic substrates, thick-film) (IMAGAJAM), PCS (Power Conversion System) Engineering, Supply & Integration (EUAEAEAF)
Keywords
Where Eltek is headquartered
LocationHeadquarters
- HQ city
- Gurugram
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Eltek business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Supply Chain, Technology or R&D, Infrastructure
Revenue model
- Power Electronics Hardware Sales: Eltek generates revenue through the sale of high-reliability power electronics systems and components to telecommunications infrastructure operators and OEM partners.
Go-to-market motion1 record
Distribution channels1 record
Eltek product offering
Product offeringCore offering
Eltek designs, manufactures, and supplies high-reliability power electronics systems for telecommunications infrastructure, including solutions powering 5G base stations, data centers, and edge computing applications, achieving efficiencies exceeding 96%. The company also produces high-end printed circuit boards (PCBs) targeting the defense, medical, and high-end industrial sectors as part of a broader growth investment program.
Product overview
Eltek offers a portfolio of high-reliability power electronics systems for telecommunications infrastructure. The core product line consists of power solutions designed for 5G base stations, data centers, and edge computing applications, with a focus on high-efficiency power conversion exceeding 96% efficiency. The company serves global markets including Europe, Asia-Pacific, and North America through partnerships with tier-1 telecom OEMs like Ericsson and Nokia. The company is also expanding into defense, medical, and high-end industrial PCB sectors.
Differentiator
Problem solved
Functional benefit
Products and services
- High-Reliability Power Electronics Systems
Quantifiable outcome
- Power solutions exceeding 96% efficiency
Companies that use Eltek
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles2 records
Eltek technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Eltek partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- EricssoncoreTier-1 telecom OEM partnership where Eltek supplies high-reliability power electronics systems for telecommunications infrastructure including 5G base stations.
- NokiacoreTier-1 telecom OEM partnership where Eltek supplies high-reliability power electronics systems for telecommunications infrastructure including 5G base stations.
Scale indicators5 records
Recent moves5 records
Expansion highlights4 records
Eltek competitors and assessment
Company assessmentDirect peers
- Delta Electronics: Delta is a global leader in telecom power supplies and a direct competitor to Eltek in high-efficiency power systems for telecom and data center infrastructure. Delta's telecom energy solutions portfolio overlaps with Eltek's core 5G base station, data center, and edge compute power offerings.
- Vertiv: Vertiv (formerly Emerson Network Power) is a leading supplier of power and thermal management solutions for telecom networks and data centers, directly competing with Eltek's high-reliability power electronics for telecom infrastructure and data center customers.
- Huawei: Huawei is a tier-1 telecom OEM that supplies its own power systems for telecom base stations globally and competes with Eltek for power electronics content within telecom infrastructure rollouts, particularly in Asia-Pacific markets.
- ZTE: ZTE is another major telecom OEM with internal power systems for 5G and wireless infrastructure, competing with Eltek for power electronics integration opportunities in telecom networks, especially in emerging markets.
- EnerSys (Alpha Technologies): EnerSys owns Alpha Technologies, a long-standing direct supplier of DC power systems for telecom outside plant and broadband. Alpha competes with Eltek in high-reliability power electronics for telecom network infrastructure.
Broad incumbents
- Eaton: Eaton is a broad power management incumbent whose telecom and data center power solutions overlap with Eltek's offerings. While Eaton serves a much wider portfolio of electrical equipment, its telecom power business competes head-to-head with Eltek's high-efficiency power systems.
- ABB: ABB's Power Conversion business (formerly GE Critical Power / ABB Power) supplies DC power systems for telecom and industrial applications, directly competing with Eltek. ABB is a much larger incumbent operating across multiple industrial segments.
- Schneider Electric: Schneider Electric offers telecom and data center power infrastructure solutions overlapping with Eltek's product portfolio. As a broad incumbent in power management, Schneider competes with Eltek for high-efficiency telecom and edge computing power system deals.
Emerging players
- Vicor: Vicor specializes in high-density, high-efficiency modular power components used in telecom, data center, and industrial applications. While Vicor focuses on component-level power modules, it competes with Eltek in high-efficiency power conversion design-ins for advanced telecom and edge compute platforms.
- CE+T Power Solutions: CE+T Power Solutions provides modular and redundant power systems for telecom and data center applications, overlapping with Eltek's high-reliability power electronics portfolio. CE+T is a smaller, focused competitor in Eltek's core telecom power niche.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Eltek social profiles
Digital presenceEltek financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eltek leadership team
Management profileNumber of profiles
Profiles2 records
Eltek funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eltek M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Eltek
What does Eltek do?
Eltek designs, manufactures, and supplies high-reliability power electronics systems for telecommunications infrastructure, including solutions powering 5G base stations, data centers, and edge computing applications, achieving efficiencies exceeding 96%. The company also produces high-end printed circuit boards (PCBs) targeting the defense, medical, and high-end industrial sectors as part of a broader growth investment program.
Is Eltek a public or private company?
Eltek is a public company. It is classified as public and is currently operating.
When was Eltek founded?
Eltek was founded in 1971. It employs 1,001 to 5,000 people.
Where is Eltek based?
Eltek is headquartered in Gurugram, India, in the Asia region.
How does Eltek make money?
One revenue line is on record: power Electronics Hardware Sales.
Who are Eltek's main competitors?
Direct peers on record are Delta Electronics, Vertiv, Huawei, ZTE and EnerSys (Alpha Technologies). Broad incumbents are Eaton, ABB and Schneider Electric. Emerging players are Vicor and CE+T Power Solutions.
Does Eltek have an API?
No public API is recorded for Eltek.
What industry is Eltek in?
Eltek's product category is Telecom Power Electronics. Its primary akta.pro industry code is HDAIAKAG, Power & Energy Systems for Telecom Sites (Generators, Batteries, Fuel), with a secondary code of HDACAJAG, Power Quality, Metering & Monitoring. Its NAICS code is 3344 and its SIC code is 3600.