business π Small-cap IT stock surges after SpaceX contract
Blue Cloud Softech's share price jumped by as much as 11% on BSE after announcing a major deal with SpaceX International. The small-cap IT firm signed a $150 million contract with SpaceX International Ltd, MY, via its US subsidiary. This commitment spans 18 months, covering AI Infrastructure, Cybersecurity, Telecommunications, and Data Centre Solutions. The engagement is a huge step for the company's expansion into global AI infrastructure solutions. Services will be executed in five phases starting with assessment and design.