Blue Cloud Softech Solutions Limited disclosed preliminary, non-binding discussions with SpaceX to explore potential collaboration, initiating a framework for information exchange to assess feasibility and scope.

Any future transaction would require thorough due diligence, mutual agreement, definitive documentation, corporate approvals, and applicable regulatory clearances.

As of mid-morning, the stock traded about 17% higher on the BSE, reflecting intraday gains in response to AI collaboration talks.

For FY26, the company reported revenue from operations of Rs 1,002 crore and a profit after tax of Rs 60.50 crore, with a 52-week high of Rs 38 and a low of Rs 18.51; market capitalization around Rs 1,589.76 crore.

Around 1 crore equity shares changed hands on the BSE, significantly above weekly and monthly averages, signaling strong trading interest.

Blue Cloud Softech’s order book shows diversification across cybersecurity (roughly 46-47%), enterprise applications (24-26%), and healthcare (over 14%), with an 80:20 split between private and CGIS sectors and recurring revenue comprising about 70-74% of total revenue.

Its FY26 revenue mix indicates cybersecurity 46-47%, enterprise applications 24-26%, healthcare over 14%, with domestic IT consulting making up the remainder; recurring revenue stands at about 70% and project-based at 26-30%.

The article includes author Ankit Gohel’s background and role at Livemint.

The move comes amid rising investor interest following SpaceX’s Nasdaq listing, which boosted sentiment in AI and space-related equities.

The stock’s June 22 surge coincided with increased trading volume typical of small-cap stocks reacting to potential partnerships.

Capital Market live update notes no Business Standard journalist contributed to the content.

Blue Cloud Softech operates publicly on the BSE with focus areas in AI, cybersecurity, cloud computing, and IoT; it recently acquired US-based Global Impx Inc. for about Rs 373 crore to integrate energy-backed data centers and AI ecosystems, including a planned Odisha data center campus.