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2026-08-10 12:39:06 pm | Source: Accord Fintech
Blue Cloud zooms as its arm signs $150 million Statement of Work with SpaceX International
Blue Cloud zooms as its arm signs $150 million Statement of Work with SpaceX International

Blue Cloud Softech Solutions is currently trading at Rs. 22.71, up by 2.97 points or 15.05% from its previous closing of Rs. 19.74 on the BSE.

The scrip opened at Rs. 20.11 and has touched a high and low of Rs. 22.80 and Rs. 20.11 respectively. So far 69.15 lakh shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 38.00 on 06-Nov-2025 and a 52 week low of Rs. 16.51 on 27-Jan-2026.

Last one week high and low of the scrip stood at Rs. 22.80 and Rs. 19.51 respectively. The current market cap of the company is Rs. 2,096.32 crore.

The promoters holding in the company stood at 38.44%, while Institutions and Non-Institutions held 13.28% and 48.27% respectively.

Blue Cloud Softech Solutions’ (BCSSL) wholly owned US subsidiary -- Blue Cloud Softech Solutions-USA (BCSSL-USA) has executed Statement of Work No. 1 (SOW) with SpaceX International, MY. The SOW is issued under and incorporated into the Master Services Agreement between the parties dated July 9, 2026, and provides for a minimum contractual commitment of $150 million over an eighteen-month term, subject to the terms and conditions of the executed agreements. The engagement represents a significant step in BCSSL’s expansion into large-scale AI infrastructure, cybersecurity, telecommunications and data-Centre solutions for global clients.

Under the SOW, BCSSL-USA will design, build, integrate, secure, connect and operate a dedicated, sovereign-grade AI compute and data-Centre platform for SpaceX International, MY, spanning four sectors: AI Infrastructure ($70 million), Cybersecurity ($25 million), Telecommunications ($25 million) and Data Centre Solutions ($30 million). Services will be delivered across five phases over six quarterly billing periods, commencing with assessment and design and culminating in managed operations from the sixth quarter onward.

Deliverables include GPU/accelerator cluster build-out, MLOps and model-serving infrastructure, a Security Operations Centre with SIEM/SOAR deployment, core network and NOC-managed connectivity, and data-Centre build, commissioning and disaster-recovery capability, governed by defined service levels for platform, network and facility availability.

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