Blue Cloud Softech Solutions Signs USD 150 Million Deal with SpaceX International for AI, Cybersecurity and Data Centre Solutions
The US subsidiary’s 18-month contract covers AI infrastructure, data centres, cybersecurity and telecommunications, with six quarterly billings.
- Blue Cloud Softech Solutions Ltd- USA signed a $150 million Statement of Work with SpaceX International Ltd on July 9, 2026, committing to deliver AI infrastructure and data-centre services over 18 months.
- Work spans four sectors over five project phases: AI Infrastructure , Data Centre Solutions , and Cybersecurity and Telecommunications , with services commencing in assessment and design.
- Group Chairman Tejesh Kumar Kodali said the engagement is an "important milestone" for the company's AI infrastructure business and reflects Blue Cloud's ability to operate integrated solutions at scale.
- Shares of the BSE-listed company gained 1.87 per cent from the previous close on the BSE as trading volume increased during the session following the announcement.
- The engagement reinforces BCSSL's strategic positioning as an AI-first technology group, leveraging MLOps and Fixed Wireless Access capabilities for public sector clients in expanding global markets.
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SpaceX namesake creates confusion on Dalal Street! Indian IT stock skyrockets 23% in 2 days
Blue Cloud Softech Solutions shares surged 23% in two days after its US subsidiary announced a $150 million deal with Malaysia-based SpaceX International. However, the company clarified that the entity has no connection with Elon Musk’s SpaceX. The sharp rally appears to have been driven partly by confusion over the names.
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Blue Cloud Softech Solutions Signs USD 150 Million Deal with SpaceX International for AI, Cybersecurity and Data Centre Solutions
PNN New Delhi [India], August 11: Blue Cloud Softech Solutions Limited (BSE: 539607) (“BCSSL” or the “Company”) today announced that its wholly owned US subsidiary, Blue Cloud Softech Solutions Ltd – USA (“BCSSL-USA”), has executed Statement of Work No. 1 (“SOW”) with SpaceX International Ltd, MY. The SOW is issued under and incorporated into the […]
Blue Cloud Softech Solutions Signs USD 150 Million Deal with SpaceX International for AI, Cybersecurity and Data Centre Solutions - The Tribune
New Delhi [India], August 11: Blue Cloud Softech Solutions Limited (BSE: 539607) ('BCSSL' or the 'Company') today announced that its wholly owned US subsidiary, Blue Cloud Softech Solutions Ltd - USA ('BCSSL-USA'), has executed Statement of Work No. 1 ('SOW') with SpaceX International Ltd, MY. The SOW is issued under and incorporated into the Master Services Agreement between the parties dated July 9, 2026, and provides for a minimum contractual…
BSE-listed IT stock surges 16% after updates on AI infra deal with SpaceX International, check details
According to the company, the deal is a significant step in its expansion into large-scale AI infrastructure, cybersecurity, telecommunications, and data centre solutions for global clients.
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