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The global launch market reached $14.1 billion in 2024 — up 34% since 2021.
| Attribute | Electron 🇳🇿 New Zealand / USA Trust: Agency-primaryⓘ Last verified Active · Last updated 2026-06-01Remove × | ||
|---|---|---|---|
| Company | Rocket Lab | Northrop Grumman | Khrunichev / Roscosmos |
| Country | 🇳🇿 New Zealand / USA | 🇺🇸 USA | 🇷🇺 Russia |
| Status | Active | Retired | Active |
| Vehicle class | Small | Medium | Heavy |
| Propellant | RP-1 / LOX | RP-1 / LOX (RD-181 first stage) | RP-1 / LOX (RD-191, all 5 modules) |
| Reusable | Yes | No | No |
| Stages | 2 | 2 | 2 |
| First flight | 2017 | 2013 – 2023 | 2014 |
| Payload to LEO | 300 kgas of [1]~200 kg reusable mode (lower due to propellant reserved for re-entry burn) | 8,000 kgas of [1]Antares 230+ configuration; primarily used for ~3,500–3,800 kg Cygnus cargo | 24,500 kgas of [1]With KVTK cryogenic upper stage (planned); Briz-M gives ~5,400 kg GTO ↑ Best |
| Payload to GTO | — | — | 5,400 kgas of [1]Briz-M upper stage. KVTK would raise this to ~7,500 kg. ↑ Best |
| Height | 18 mas of [1] | 41 mas of [1] | 64 mas of [1] ↑ Best |
| Liftoff mass | 13 tas of [1] | 298 tas of [1] | 773 tas of [1] ↑ Best |
| Success rate | 95.4%as of [2]83/87 orbital successes; 21/21 success rate in 2025 calendar year per Rocket Lab investor release | 91.7%as of [2]11/12 successes; Orb-3 (CRS-3) exploded at liftoff Oct 2014 | 100%as of [2]4/4 mission successes: Dec 2014, Dec 2020, Mar 2023, Apr 2024 ↑ Best |
| Total flights | 87as of [2] ↑ Best | 12as of [2]Final Antares flight was NG-19 (Aug 1, 2023). NG-20+ moved to Falcon 9 due to Antares RD-181 engine supply disruption (Russia sanctions). | 4as of [2] |
| Cost / kg LEO | ~$25,000/kgas of [1]Based on ~$7.5M list price / 300 kg payload ↓ Cheapest | — | — |
| Summary | The world's most commercially active small launch vehicle, designed and built in-house at Rocket Lab. Rutherford engines are the first flight-proven engines made with additive manufacturing (metal 3D printing). Booster recovery via parachute and helicopter catch (later transitioned to ocean recovery). | Primary launch vehicle for Cygnus ISS cargo missions from 2013–2023. Its Ukrainian-built Zenit-derived first stage and Russian RD-181 engines became untenable after the 2022 invasion of Ukraine. Northrop switched NG-20 onward to Falcon 9 while Antares 330 (with Firefly Miranda engines) is in development. | Russia's new-generation heavy-lift rocket built entirely of Russian-manufactured components — a political priority after Proton-M's dependence on Ukrainian components. Five URM-1 universal rocket modules share the same propellant (RP-1/LOX), unlike Proton-M's toxic hypergolics. Flight rate remains very low. |
28 launch vehicles across 10 countries — active, retired, and in development — with primary-source citations from manufacturer user guides and agency press kits. Pure URL state: bookmark or share the link and the comparison reproduces exactly.