Blue Cloud Softech Solutions Limited (BSE: 539607) (“BCSSL” or “the Company”) is pleased to announce that its United States subsidiary, Blue Cloud Softech Solutions Ltd – USA (“BCSSL-USA”), has executed a five-year Master Services Agreement (“MSA”) with SpaceX International Ltd, MY.
This announcement follows the Company’s earlier disclosure regarding discussions with the customer. Those discussions have now culminated in the execution of a definitive Master Services Agreement.
Under the Agreement, BCSSL-USA may provide:
- Artificial Intelligence (AI) infrastructure
- Cloud-native AI platforms
- Enterprise AI solutions
- AI consulting
- AI integration
- AI operations
- Related AI-enabled digital transformation services
These services will be provided subject to mutually agreed Statements of Work and the terms of the Master Services Agreement.
In view of the confidentiality obligations between the parties, the Company is not disclosing detailed commercial terms, pricing, implementation schedules, customer-specific operational information or other confidential provisions of the Agreement.
The Company will make further disclosures as required under applicable law and the SEBI (LODR) Regulations.
Management Commentary
Mr. Tejesh Kumar Kodali, Group Chairman, Blue Cloud Softech Group:
Mr. Bhaskar Nallamilli, Chief Executive Officer, BCSSL-USA: