Blue Cloud Softech Solutions Share Price Rises Nearly 5%, Begins Execution of $150 Million SpaceX International Agreement

Blue Cloud Softech Solutions has started executing a $150 million Master Services Agreement with SpaceX International Ltd, MY, as per an exchange filing dated August 24, 2026.  

The company said work under Statement of Work No. 1 began on 24 August 2026. The project covers AI infrastructure, cybersecurity, telecommunications, and data centre solutions. 

$150 Million Work Order 

The total value of Statement of Work No. 1 is $150 million. AI infrastructure accounts for $70 million of the contract. Cybersecurity and telecommunications have been allocated $25 million each, while data centre solutions account for $30 million. 

The company expects delivery and billing to begin during the current quarter. This will be done according to the execution schedule agreed under the contract. 

Work to Be Handled by US Business 

Blue Cloud will carry out the engagement through its US operations. These operations work across AI platforms, cyber defence, telecom engineering, and data centre build-out and operations. 

The company's US business, Blue Cloud Softech Solutions Ltd – USA, handles AI infrastructure, cybersecurity, telecommunications and data centre programmes for international clients. Statement of Work No. 1 covers all four of these areas. 

About Blue Cloud Softech Solutions 

Blue Cloud Softech Solutions is headquartered in Hyderabad and has operations in India, the United States, Africa and other markets. Its technology portfolio also includes MLOps, 5G Fixed Wireless Access, healthcare technology, and public-sector digital platforms. 

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Blue Cloud Softech Solutions Share Price Performance  

As of August 24, 2026, 12:27 pm, Blue Cloud Softech Solutions share price was trading at ₹23.12, a 4.57% increase from the previous closing price. 

Conclusion 

Blue Cloud has begun work under Statement of Work No. 1, valued at $150 million. The engagement covers four technology areas, with delivery and billing expected to start during the current quarter. 

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