Key Quantitative Figures

  • October 2026 invoicing: US$10,000,000 (approximately ₹95 crore at exchange rate of ₹95 per US dollar)
  • Total contract value: US$150,000,000 (approximately ₹1,425 crore)
  • Contract value breakdown: AI Infrastructure and Data Centre Solutions (US$100 million), Cybersecurity (US$25 million), Telecommunications (US$25 million)
  • FY 2025-26 consolidated revenue reference: ₹1,002 crore
  • Contract value represents 142% of FY26 consolidated revenue
  • October invoicing represents 9.5% of FY26 consolidated revenue

Parties Involved

  • Client: SpaceX International Ltd, Labuan
  • Service provider: Blue Cloud Softech Solutions Ltd - USA (US branch of Blue Cloud Softech Solutions Limited)
  • Executing entity: PT SUHANA TT, Jakarta, Indonesia (subsidiary of Blue Cloud USA)
  • Regulatory authorities: BSE Limited, National Stock Exchange of India Limited

Contract Details

  • Programme: Statement of Work No. 1 under Master Services Agreement
  • Nature of services: AI infrastructure, data centre solutions, cybersecurity, and telecommunications services
  • Delivery period: Six quarters (commenced 24 August 2026)
  • Revenue schedule: Not less than US$25 million per quarter
  • Geographic scope: International
  • Payment terms: Invoiced against accepted deliverables under Section 9.4

Corporate Structure Impact

Services are delivered through the Company's US branch (Blue Cloud USA) and its Indonesian subsidiary (PT SUHANA TT).

Related Party Considerations

  • Promoter, promoter group or group companies have no interest in SpaceX International Ltd
  • Not a related party transaction
  • Transaction conducted at arm's length

Management Commentary

Tejesh Kumar Kodali, Group Chairman: "A signed acceptance from the client is the clearest proof that delivery is meeting the standard the Statement of Work sets. October shows our teams working across AI infrastructure, data centres, cybersecurity and telecom as one programme."

Bhaskar Nallamilli, Chief Executive Officer, Blue Cloud USA: "The October acceptance reflects our delivery teams in the United States and Indonesia working as one. Our Indonesian subsidiary has given us a strong local delivery base."

Next Steps

Delivery continues across all workstreams with monthly acceptance and invoicing under the Statement of Work. The Company will continue to make disclosures under Regulation 30 of the Listing Regulations.

Additional Information

  • Company headquarters: Hyderabad, India
  • Operations in USA, UK, India and seven other countries including Indonesia
  • Platforms mentioned: AccessGenie, Blura SAGA, BluHawk, BluHealth
  • Disclosure available at: https://bluecloudsoftech.com/wpcontent/uploads/2026/11/Release02112026.pdf