Holasek Named President of Local Tech Firm NovaSol


The co-founder and vice president of NOVASOL has been tapped to become the president of the award-winning high technology company.

Dr. Rick Holasek, who served in recent years as vice president and a director at NOVASOL, has been elevated to president. Dr. Barry Swartz, another co founder, will become chairman of the board of directors.

Holasek takes over from David M. Van Buren, who stepped down as chairman of the board and CEO. Van Buren will continue supporting the company as a Washington-based consultant.

Headquartered in Hawaii with a branch office in San Diego, California, NOVASOL specializes in electro-optical systems for reconnaissance, optical communications and bio-chemical detection systems for military, homeland security and commercial applications.

Holasek is also an executive director and co chairman of the Hawaii Science and Technology Council, which is Hawaii’s leading high technology industry organization.

Holasek helped form NOVASOL in 1998 by taking a small company with a few employees at the Manoa Innovation Center, to the successful aerospace and defense firm with corporate headquarters now located at 733 Bishop Street in downtown Honolulu. He has over 20 years of experience in the high tech aerospace and defense field.

“I am excited at this continued opportunity to interact with such great staff and look forward to growing Hawaii’s high technology business base,” Holasek said. “NOVASOL has developed an excellent reputation in the aerospace and defense community and has cutting edge products and services in key areas that will carry the Company forward far into the future. We will also continue to focus on returning many of the kama’aina who left Hawaii to work for Mainland high tech firms.”

NOVASOL has won a number of recent awards, including being named the Best in Business Division 11 (fewer than 100 employees) as part of the Business Leadership Hawaii program sponsored by Pacific Business News. Previously NOVASOL was identified as one of the nation’s fastest growing companies by Inc. Magazine.


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