Blue Cloud Softech Solutions Ltd – USA Signs USD 150 Million Statement of Work with SpaceX International Ltd
Blue Cloud Softech Solutions Limited (BSE: 539607), a Hyderabad‑headquartered, BSE‑listed technology group, announced that its wholly‑owned U.S. subsidiary, Blue Cloud Softech Solutions Ltd – USA, has executed Statement of Work No. 1 (SOW) with SpaceX International Ltd, Malaysia. The SOW is incorporated into a Master Services Agreement dated 9 July 2026 and commits SpaceX International to a minimum contractual spend of USD 150,000,000 over an eighteen‑month term.
Scope and Financial Allocation
The engagement covers four solution domains:
- AI Infrastructure – USD 70 million
- Cybersecurity – USD 25 million
- Telecommunications – USD 25 million
- Data‑Centre Solutions – USD 30 million
Services will be delivered across five phases and billed in six quarterly periods, beginning with assessment and design and culminating in managed operations from the sixth quarter onward. Deliverables include a GPU/accelerator cluster build‑out, MLOps and model‑serving infrastructure, a Security Operations Centre equipped with SIEM/SOAR capabilities, core network and NOC‑managed connectivity, and a data‑centre build‑out with commissioning and disaster‑recovery capability. All deliverables are governed by defined service‑level targets for platform, network and facility availability.
Executive Commentary
Group Chairman Mr. Tejesh Kumar Kodali stated that the engagement is “an important milestone for our AI infrastructure business and reflects Blue Cloud’s ability to design, build and operate integrated AI compute, cybersecurity and data‑centre solutions at scale,” adding that it strengthens the company’s long‑term strategy of building technology infrastructure capabilities for global clients. CEO of the U.S. subsidiary, Mr. Bhaskar Nallamilli, highlighted that the contract showcases the company’s growing capability to deliver large‑scale, integrated programmes for global clients and reinforces BCSSL’s positioning as an AI‑first technology group.
Company Financial Highlights (FY26)
- Consolidated revenue: ₹1,002 crore, +26 % YoY
- EBITDA: ₹126.13 crore, +78 % YoY
- Profit after tax: ₹60.50 crore, +37 % YoY
The Group’s business portfolio spans AI infrastructure and MLOps, cybersecurity, telecommunications and 5G Fixed Wireless Access (FWA) network deployment, healthcare technology, data‑centre solutions, and public‑sector digital and surveillance platforms. Product offerings include AccessGenie, BluTACT, BluGenie, BluHealth, BluHawk, Blura SAGA and the Bharat Edge‑Cloud Initiative (BECI). The company also operates an active BSNL 5G FWA programme.
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