Using the display panel select the SAUTE function. Add all ingredients of the Meat Mixture and cook, breaking up the meat as you go, until no pink remains. Drain and set aside.
In a large bowl, combine all ingredients in the Cheese Mixture until uniform in consistency. Set aside.
Coat a 1.5 qt casserole or 7 inch x 3 inch pan with non-stick spray
Put a single layer of no-boil noodles in the bottom of the pan, breaking as necessary to fit. Press down gently.
Pour 1/3 of the pasta sauce evenly over the noodles, spreading all the way to the sides.
Spread 1/2 of the meat mixture over the sauce, then 1/2 of the cheese mixture, spreading all the way to the sides.
Repeat steps 4, 5 and 6.
Pour the remaining 1/3 of the pasta sauce evenly over the noodles, then top with 1/2 cup each mozzarella and parmesan cheeses.
Coat one side of a piece of foil with non-stick spray and loosely cover, spray-side down.
Rinse the pot, add 1 1/2 cups of water and put in the steam rack. Place the casserole or pan on the trivet.
Secure the lid, making sure the vent is closed.
Using the display panel select the MANUAL or PRESSURE COOK function*. Use the +/- keys and program the Instant Pot for 22 minutes.
When the time is up, let the pressure naturally release for 15 minutes, then quick-release the remaining pressure.
Carefully remove the pan from the Instant Pot and remove the foil, replacing any cheese that sticks
Set pan under the broiler until cheese begins to brown, about 5 minutes.
Remove pan to cooling rack and let it sit for 10-15 minutes to firm up.
Serve directly from pan, or if using springform pan, set on a plate and carefully release the latch, remove ring.