And it’s more than just a name change. From their facebook page and website:
Effective January 1, 2014, Novak Electronics, Inc. will be operating under a new entity named Novak R/C, Inc. Bob Novak, President and co-founder of Novak Electronics will retain partial ownership in the new company, and will continue to focus his efforts in product development. Bob’s daughters, Linda Novak Logan and Laura Novak-Roesgen, and Novak’s Engineering Director, Adnan Khan, all whom have been with Novak Electronics for over 25 years, complete the ownership. The management and design teams for Novak R/C will remain the same.
“We are excited for Novak R/C to continue the Novak legacy and bring innovative product to our customers. We will also maintain the high level of standards of customer service on all Novak products,” commented Bob Novak.
It will be interesting to see if this will result in an expansion or contraction of the Novak line of electronics, however it looks morere like it is handing the keys to a new generation to me!