iBASEt Reports Record Revenue, Profitability and Backlog for Fiscal 2022, Driven by Surge in New and Expanded Licensing – QNT Press Release

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Record license revenue increase of 57% year-over-year
Innovations on display at Farnborough International Airshow (Stand 4315, Hall 4)

LAKE FOREST, Calif. and FARNBOROUGH, United Kingdom, July 19, 2022 /PRNewswire/ — iBASEt, the company that helps its customers simplify how complex products are built and maintained, today announced the completion of a successful fiscal 2022, as validated by another year of record revenue, profitability, and backlog. iBASEt continues to invest in product innovation with significant updates to its flagship Solumina iSeries, the industry’s first microservices-based, cloud-native Manufacturing platform, which is disrupting the way customers are managing through a period of unprecedented manufacturing and sustainment volatility.

Company innovations will be on display at the Farnborough International Airshow (Stand 4315, Hall 4), July 18 through July 22which features leading innovators from the aerospace, aviation and defense industries.

The company continues to execute on its growth strategy, delivering …

Full story available on Benzinga.com

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