Blue Cloud Softech Shares Jump 3.62% on $150M SpaceX Deal
By ThePip Desk
Blue Cloud Softech Solutions stock rises 3.62% after commencing services under a $150M Master Services Agreement with SpaceX International for AI, cybersecurity, telecom, and data center solutions.
Blue Cloud Softech Solutions saw its shares climb 3.62% to Rs. 22.91 on the BSE today, following the commencement of services under its $150 million Master Services Agreement (MSA) with SpaceX International, MY.
- Current Trading Price: Rs. 22.91
- Percentage Change: Up by 0.80 points or 3.62% from previous close
- Previous Closing: Rs. 22.11 on the BSE
- Day’s High/Low: Rs. 23.54 / Rs. 22.81
- Shares Traded: 712050 on the counter
- Current Market Cap: Rs. 2112.01 crore
The company confirmed that execution for Statement of Work No. 1 began on August 24, 2026, marking the start of service delivery for the significant contract. Delivery and billing are scheduled to commence from the current quarter, aligning with the agreed execution timeline.
MSA Contract Breakdown
- Aggregate Contract Value: $150 million
- AI Infrastructure: $70 million
- Cybersecurity: $25 million
- Telecommunications: $25 million
- Data Centre Solutions: $30 million
This engagement will be managed through Blue Cloud Softech Solutions’ US operations, leveraging the group’s extensive delivery capabilities across various advanced technology platforms. These include artificial intelligence, cyber defense, telecom engineering, and comprehensive data centre build-out and operations.
The company specializes in designing, developing, and marketing computer software in India and abroad, alongside providing diverse data processing services, computer consultancy, systems analysis, programming, and computer maintenance.
- Promoters Holding: 38.44%
- Institutions Holding: 13.28%
- Non-Institutions Holding: 48.27%