Blue Cloud Softech Solutions Limited has filed a regulatory disclosure under SEBI Listing Regulation 30 regarding the commencement of services under its Master Services Agreement with SpaceX International Ltd, MY.

The Company announced that it has commenced delivery of services under Statement of Work No. 1 of the Master Services Agreement, with execution beginning on 24 August 2026.

Contract Details

  • Total Contract Value: USD 150 million for Statement of Work No. 1
  • Service Breakdown:
  • AI Infrastructure: USD 70 million
  • Cybersecurity: USD 25 million
  • Telecommunications: USD 25 million
  • Data Centre Solutions: USD 30 million

Execution Timeline

  • Delivery and billing are expected to commence from the current quarter (Q2 FY27)
  • Services are being executed according to the agreed execution schedule

Delivery Mechanism

The engagement will be executed through Blue Cloud's US operations, specifically Blue Cloud Softech Solutions Ltd - USA, utilizing the group's delivery capabilities across:

  • Artificial intelligence platforms
  • Cyber defense
  • Telecom engineering
  • Data centre build-out and operations

Management Commentary

Mr. Bhaskar Nallamilli, CEO of Blue Cloud USA, stated: "Moving from signature to execution on schedule reflects the strength of our delivery organisation. This programme strengthens our US delivery platform."

Mr. Tejesh Kumar Kodali, Group Chairman, added: "This engagement demonstrates Blue Cloud's ability to execute large-scale, multi-domain technology programmes. The scope across AI infrastructure, cybersecurity, telecommunications and data centre solutions further strengthens the Group's international delivery capabilities and supports its next phase of growth."

Company Background

Blue Cloud Softech Solutions Limited is a Hyderabad-headquartered, AI-first technology group with operations across India, the United States, Africa and other global markets. The Group's technology portfolio spans:

  • AI infrastructure and MLOps
  • Cybersecurity
  • Telecommunications and 5G Fixed Wireless Access
  • Healthcare technology
  • Data centre solutions
  • Public-sector digital platforms

Financial Context (FY26)

  • Consolidated Revenue: ₹1,002 crore
  • EBITDA: ₹126.13 crore
  • Profit After Tax: ₹60.50 crore

Forward-looking Statements

The disclosure includes cautionary language that certain statements concerning expected revenues, delivery schedules and future business prospects are forward-looking and involve risks and uncertainties that could cause actual results to differ materially, including client payment performance, execution risks and macroeconomic conditions.