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.
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 and related AIenabled digital transformation services, 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.
Mr. Tejesh Kumar Kodali, Group Chairman, Blue Cloud Softech Group: The execution of this Master Services Agreement is an important step in the expansion of our global AI business. It establishes a long-term framework through which BCSSL-USA can deliver enterprise AI solutions and AI infrastructure services at scale, and it reflects the confidence our customers place in Blue Cloud's AI capabilities as we continue to grow our presence in international markets."
Mr. Bhaskar Nallamilli, Chief Executive Officer, BCSSL-USA: "This agreement strengthens BCSSL-USA's position as a trusted enterprise AI transformation partner. We look forward to working closely with the customer to deliver scalable AI infrastructure, cloudnative AI platforms and AI-driven digital transformation solutions under mutually agreed Statements of Work."