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Exhibit 99.1 eltek a Nistec company Press Release Eltek Ltd. Reports Second - Quarter 2026 Results Petach Tikva , Israel ( August 18 , 2026 ) Eltek Ltd. ( NASDAQ : ELTK ) , a leading global manufacturer of high - quality printed circuit boards , today announced its financial results for the quarter ended June 30 , 2026 . Second Quarter 2026 Highlights § Revenues were $ 11.5 million S Operating loss was $ 2.5 million § Net loss was $ 2.7 million or $ 0.41 per fully diluted share § Net cash provided by operating activities amounted to $ 0.7 million . Eli Yaffe , Chief Executive Officer , stated : " Our second - quarter 2026 results reflected a loss as we remain in an important transition period focused on stabilizing our manufacturing operations and building the human and operational infrastructure required to support our next phase of growth . The stabilization of our production system and the integration of our new production lines are progressing , although the process is not yet complete . We are well advanced in the implementation of our new ERP system , which we believe will provide a stronger foundation for managing and scaling our operations . We are also completing the installation of our newly arrived PCB plating line , while conducting acceptance testing in parallel , and expect to begin the qualification process during the third quarter . Although the transition is not yet complete , we are making steady progress across the key areas of our business . We remain focused on completing the stabilization of our manufacturing operations , strengthening our organization and infrastructure and improving operational efficiency . We believe these steps are establishing a stronger foundation for improved operational and financial performance in the periods ahead . "