Blue Cloud gets SpaceX acceptance, invoices Rs 95 crore

Blue Cloud Softech Solutions Limited received a 30 October 2026 service-acceptance certificate from SpaceX International Ltd, Labuan for October deliverables and raised a Rs 95 crore invoice. The invoice falls under a Rs 1,425 crore programme, whose total value equals about 142% of Blue Cloud’s Rs 1,002 crore consolidated revenue for FY 2025-26.

What did Blue Cloud receive from SpaceX International?

Blue Cloud received a Certificate of Services Rendered and Acceptance, called SpaceX-Blue 2026, dated 30 October 2026 for services delivered during October 2026. SpaceX International issued the certificate under Statement of Work No. 1, which sits beneath a Master Services Agreement dated 9 July 2026, confirming acceptance of monthly deliverables rather than only the underlying Rs 1,425 crore contract.

The accepted October services covered artificial intelligence, or AI, infrastructure, data centre solutions, cybersecurity and telecommunications. Statement of Work No. 1 was executed on 8 August 2026, while delivery began on 24 August 2026. Blue Cloud USA, Blue Cloud’s United States branch, is the contracting service provider, and PT SUHANA TT in Jakarta, Indonesia, executes the programme as a Blue Cloud USA subsidiary.

How much did Blue Cloud invoice for October 2026?

Blue Cloud raised a Rs 95 crore invoice on 30 October 2026 for October deliverables accepted by SpaceX International. The invoice, identified as SpaceX invoices-2610, was raised against accepted services under the invoicing mechanism in Statement of Work No. 1. The company described the Rs 95 crore value as approximate, using an exchange rate of Rs 95 per US dollar.

The filing confirms acceptance and invoicing, but does not report payment of the Rs 95 crore invoice. Blue Cloud’s forward-looking statement identifies project execution, client approvals and acceptance, payment timelines, and economic and technology conditions as factors that may affect outcomes. The completed steps disclosed on 30 October 2026 are the client’s acceptance and the issue of the invoice.

How large is the SpaceX International programme for Blue Cloud?

Blue Cloud’s Statement of Work No. 1 has a total value of Rs 1,425 crore, excluding applicable taxes, equal to about 142% of its Rs 1,002 crore consolidated revenue for FY 2025-26. The Rs 95 crore October invoice equals about 9.5% of that FY 2025-26 revenue. The comparison places both the total programme and the October invoicing against Blue Cloud’s reported annual revenue base.

AI infrastructure and data centre solutions account for Rs 950 crore, or two-thirds, of the Rs 1,425 crore programme. Cybersecurity and telecommunications each account for Rs 237.50 crore. The October certificate says services and deliverables were rendered across the named workstreams, but the filing does not allocate the Rs 95 crore October invoice between AI infrastructure, data centre solutions, cybersecurity and telecommunications.

What is Blue Cloud’s delivery and invoicing schedule?

Blue Cloud says delivery will run for six quarters from the 24 August 2026 commencement date. The disclosed revenue schedule provides for not less than Rs 237.50 crore per quarter, and October 2026 is the first month of the quarter ending 31 December 2026. The Rs 95 crore invoice is therefore an invoicing event within that disclosed minimum quarterly schedule, not a reported full-quarter total.

The process described in the 2 November 2026 filing is monthly: deliverables under Statement of Work No. 1 are invoiced once accepted. Blue Cloud said delivery would continue across the four workstreams, with acceptance and invoicing following month by month. It also said it would continue disclosures under Regulation 30 of the Securities and Exchange Board of India’s Listing Obligations and Disclosure Requirements Regulations, 2015, but gave no separate dates for future invoices or payments.

Which entities are responsible for the SpaceX International work?

Blue Cloud USA is the entity receiving and contracting for the order, while PT SUHANA TT, its Indonesian subsidiary, executes the programme in Jakarta. The client is SpaceX International, making the Rs 1,425 crore engagement an international order. The filing identifies Blue Cloud USA as a United States branch and PT SUHANA TT as the executing entity for the October 2026 accepted services.

Blue Cloud disclosed that neither its promoter, promoter group nor group companies has an interest in SpaceX International. It also said the arrangement is not a related-party transaction. Blue Cloud management said delivery teams in the United States and Indonesia worked together on October 2026 services, while the formal disclosure identifies the United States branch as the contracting entity and the Indonesian subsidiary as the delivery entity.

Conclusion

The 30 October 2026 acceptance certificate and Rs 95 crore invoice show a completed monthly acceptance and invoicing step under Blue Cloud’s Rs 1,425 crore programme with SpaceX International. The programme exceeds Blue Cloud’s Rs 1,002 crore FY 2025-26 consolidated revenue, while its Rs 950 crore AI infrastructure and data centre component is larger than the Rs 237.50 crore cybersecurity and telecommunications components.

The next disclosed milestone is the quarter ending 31 December 2026, for which the revenue schedule provides for not less than Rs 237.50 crore. Blue Cloud says acceptance and invoicing will continue monthly across the six-quarter delivery period, while future client acceptance, invoice amounts and payment timing remain unresolved in the filing.