Former Prometheus Group CFO brings a track record of partnering with private equity and management teams to drive strategic growth acceleration
Lake Forest, Calif. – September 2, 2026 – iBase-t, a leader in AI-native digital manufacturing and sustainment software solutions for aerospace and defense, today announced the appointment of Michael Ives to its Board of Directors.
The appointment brings to iBase-t a technology executive with more than 20 years of experience supporting growth-oriented businesses. His leadership across industrial software will support iBase-t’s strategy to expand its product portfolio and modernize complex manufacturing operations for its blue-chip customer base. During his tenure as Prometheus Group CFO, Ives helped drive more than 10x growth in revenue.
“Michael has spent his career helping high-growth software companies scale — building the financial discipline and investor relationships that turn good companies into category leaders,” said iBase-t CEO Naveen Poonian. “As iBase-t deepens its platform capabilities and expands its customer base, having someone in our corner who has navigated that journey before is exactly the kind of board-level strength we were looking for.”
“As a CFO, you learn quickly that domain-specific vendors are always the stronger bet — deep industry expertise produces a fundamentally better outcome for customers. That philosophy is exactly what drew me to iBase-t,” said Ives. “The company has spent decades building unmatched product capabilities in aerospace and defense manufacturing, and that foundation is what makes solutions like Solumina AI so compelling. I’m excited to join the board and help guide iBase-t into its next stage of growth.”
About iBase-t
iBase-t is the global leader in AI-native digital manufacturing and sustainment software for the aerospace and defense industry. Committed to innovation, customer success, and product excellence, iBase-t ensures digital continuity across manufacturing, quality, and maintenance, repair, and overhaul (MRO) operations. iBase-t’s Solumina Manufacturing Operations Platform is a cloud-native solution that establishes a digital ecosystem to drive innovation and improve operational performance for the most critically complex manufacturers. iBase-t customers include Northrop Grumman, Leonardo DRS, Rolls-Royce, Pratt & Whitney, and Textron.
