BSECompany Update6d ago · 24 Aug 2026, 08:55 am
Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Press Release: Commencement of Services under the Master Services Agreement ....
Blue Cloud Softech Solutions Ltd · 539607
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Blue Cloud Softech Solutions Ltd has commenced the delivery of services under its Master Services Agreement (MSA) with SpaceX International Ltd, MY, with an aggregate contract value of USD 150 million. The engagement will be executed through Blue Cloud's US operations, drawing on the group's delivery capabilities across artificial intelligence platforms, cyber defense, telecom engineering, and data centre build-out and operations.
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Blue Cloud Softech Solutions Ltd - 539607 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Date: 24 August 2026
The General Manager - Listing Compliance, The Manager - Listing Department,
BSE Limited, National Stock Exchange of India Limited,
Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex,
Dalal Street, Mumbai 400 001 Mumbai 400 051
Scrip Code: 539607 Symbol: BLUECLOUDS
Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 - Press Release: Commencement of Services under the Master
Services Agreement with SpaceX International Ltd, MY.
Dear Sir / Madam,
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, please find enclosed a press release titled “Blue Cloud Softech
Solutions Commences Execution of USD 150 Million Master Services Agreement with SpaceX
International Ltd, MY”, being issued by the Company today. The press release is self-explanatory.
This intimation is also being made available on the Company's website:
https://bluecloudsoftech.com/wp-content/uploads/2026/08/Press-Release-2.pdf
Kindly take the same on record.
Yours faithfully,
For Blue Cloud Softech Solutions Limited
MHVSN Sambhu Prasad
Company Secretary & Compliance Officer
Blue Cloud Softech Solutions Limited P: +91 84660 22022
Regd. Off: Plot No 38, 5th Floor, N E: info@bluecloudsoftech.com
Heights, Siddiq Nagar, Hitech City, www.bluecloudsoftech.com CIN: L72200TG1991PLC013135
Madhapur, Hyderabad, Telangana-500081
PRESS RELEASE
Blue Cloud Softech Solutions Commences Execution of USD 150 Million
Master Services Agreement with SpaceX International Ltd, MY
Delivery under Statement of Work No. 1 begins 24 August 2026 across AI Infrastructure,
Cybersecurity, Telecommunications and Data Centre Solutions
Hyderabad, India - 24 August 2026: Blue Cloud Softech Solutions Limited (BSE: 539607 | NSE:
BLUECLOUDS) (“Blue Cloud” or the “Company”), an AI-first technology company, today announced
that it has commenced the delivery of services under its Master Services Agreement (“MSA”) with
SpaceX International Ltd, MY, with execution under Statement of Work No. 1 beginning 24 August
2026.
Statement of Work No. 1 has an aggregate contract value of USD 150 million and covers AI
Infrastructure (USD 70 million), Cybersecurity (USD 25 million), Telecommunications (USD 25 million)
and Data Centre Solutions (USD 30 million). delivery and billing are expected to commence from the
current quarter in accordance with the agreed execution schedule.
The engagement will be executed through Blue Cloud's US operations, drawing on the group's
delivery capabilities across artificial intelligence platforms, cyber defense, telecom engineering, and
data centre build-out and operations.
Commenting on the commencement, Mr. Bhaskar Nallamilli, CEO of Blue Cloud USA, said: “Moving
from signature to execution on schedule reflects the strength of our delivery organisation. This
programme strengthens our US delivery platform” or “establishes a significant delivery programme
across four practice areas.”
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.”
About Blue Cloud Softech Solutions Limited
Blue Cloud Softech Solutions Limited (BSE: 539607 | NSE: BLUECLOUDS) 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, and public-sector digital platforms.
The Company reported consolidated FY26 revenue of ₹1,002 crore, EBITDA of ₹126.13 crore and
profit after tax of ₹60.50 crore. These figures should be retained only after confirming exact
consistency with the Company’s formally disclosed FY26 financial results.
Blue Cloud’s US operations support AI infrastructure, cybersecurity, telecommunications and data
centre programmes for international clients. The commencement of the USD 150 million
Blue Cloud Softech Solutions Limited P: +91 84660 22022
Regd. Off: Plot No 38, 5th Floor, N E: info@bluecloudsoftech.com
Heights, Siddiq Nagar, Hitech City, www.bluecloudsoftech.com CIN: L72200TG1991PLC013135
Madhapur, Hyderabad, Telangana-500081
engagement under Statement of Work No. 1 further strengthens the Group’s US delivery platform
and its strategy of scaling integrated technology infrastructure capabilities across international
markets.
Blue Cloud’s US operations are anchored through Blue Cloud Softech Solutions Ltd - USA, which
delivers AI infrastructure, cybersecurity, telecommunications and data centre programmes for global
clients. The commencement of the USD 150 million engagement under Statement of Work No. 1
further strengthens the Group’s US delivery platform and supports its strategy of scaling integrated,
mission-critical technology infrastructure capabilities across international markets.
Forward-looking statements
Certain statements in this release concerning expected revenues, delivery schedules and future
business prospects are forward-looking statements and involve risks and uncertainties that could
cause actual results to differ materially, including client payment performance, execution risks and
macroeconomic conditions. The Company does not undertake to update any forward-looking
statement except as required by applicable law.
Media contact: Praveen Lella,
Manager - Marketing & Corporate Communications,
Blue Cloud Softech Solutions Limited|
Investor/compliance contact:
MHVSN Sambhu Prasad,
Company Secretary & Compliance Officer
Blue Cloud Softech Solutions Limited P: +91 84660 22022
Regd. Off: Plot No 38, 5th Floor, N E: info@bluecloudsoftech.com
Heights, Siddiq Nagar, Hitech City, www.bluecloudsoftech.com CIN: L72200TG1991PLC013135
Madhapur, Hyderabad, Telangana-500081