Blue Cloud Softech Share Price Surges Over 10% After Signing $150 Million SpaceX Contract

Blue Cloud Softech Solutions Limited has expanded its international technology business after its wholly owned US subsidiary signed a major Statement of Work with SpaceX International Ltd, MY, as per the exchange filings.
The SOW carries a minimum contractual commitment of $150 million over an 18-month term and operates under the Master Services Agreement signed between the parties on July 9, 2026.
AI Infrastructure Leads the Contract
The $150 million engagement covers four business areas. AI Infrastructure accounts for $70 million, while Cybersecurity and Telecommunications contribute $25 million each. Another $30 million is allocated to Data Centre Solutions.
The US subsidiary will design, build, integrate, secure, connect and operate a dedicated sovereign-grade AI compute and data-centre platform for SpaceX International.
Five-Phase Execution
The programme is structured across five phases and six quarterly billing periods, beginning with assessment and design and moving to managed operations from the sixth quarter.
Its scope includes GPU and accelerator cluster deployment, MLOps and model-serving infrastructure, along with a Security Operations Centre featuring SIEM/SOAR deployment.
The assignment also covers core network infrastructure, NOC-managed connectivity, data-centre construction and commissioning, and disaster-recovery capabilities. Defined service levels will cover platform, network, and facility availability.
Management Views the Deal as a Milestone
Group Chairman Tejesh Kumar Kodali described the engagement as an important milestone for the company's AI infrastructure business, highlighting its ability to deliver integrated AI compute, cybersecurity and data-centre solutions at scale.
CEO of the US subsidiary Bhaskar Nallamilli said the engagement reflects the company's growing capability across large-scale AI infrastructure, cybersecurity, telecommunications and data-centre programmes.
Read More: Titan Q1 FY27 Results: Net Profit Rises 63% to ₹1,777 Crore, Revenue Up 40%!
Blue Cloud Softech Solutions Share Price Performance
As of 10 August 2026, at 10:37 AM, Blue Cloud Softech Solutions Limited share price was trading at ₹21.83 per share, reflecting a surge of 10.59% from the previous trading session.
Conclusion
The SpaceX engagement adds a $150 million international programme to Blue Cloud's operations, spanning AI infrastructure, cybersecurity, telecommunications and data-centre capabilities over an 18-month contractual period.
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Published on: Aug 10, 2026, 12:52 PM IST

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