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The global launch market reached $14.1 billion in 2024 — up 34% since 2021.
| Attribute | GSLV Mk III (LVM3) 🇮🇳 India Trust: Agency-primaryⓘ Last verified Active · Last updated 2026-06-01Remove × | ||
|---|---|---|---|
| Company | Gilmour Space Technologies | ISRO | Firefly Aerospace |
| Country | 🇦🇺 Australia | 🇮🇳 India | 🇺🇸 USA |
| Status | In Development | Active | Active |
| Vehicle class | Small | Heavy | Small |
| Propellant | Hybrid (Sirius motors, stages 1–2) / liquid (Phoenix engine, stage 3) | Solid (S200 boosters) + UDMH/N₂O₄ (L110) + LH₂/LOX (C25) | RP-1 / LOX |
| Reusable | No | No | No |
| Stages | 3 | 3 | 2 |
| First flight | 2025 | 2017 | 2021 |
| Payload to LEO | 300 kgas of [1] | 10,000 kgas of [1] ↑ Best | 1,030 kgas of [1]SSO capacity ~630 kg |
| Payload to GTO | — | 4,000 kgas of [1] ↑ Best | — |
| Height | 25 mas of [1] | 43.43 mas of [1] ↑ Best | 29 mas of [1] |
| Liftoff mass | — | 643 tas of [1] ↑ Best | 54 tas of [1] |
| Success rate | 0/1as of [1]Maiden flight 2025-07-30 crashed 14 seconds after launch (insufficient thrust), from Bowen Orbital Spaceport, Queensland — Australia's first domestic orbital launch attempt. Preceded by two scrubs (2025-05-15 electrical issue, 2025-05-16 fairing anomaly). A second test flight was slated for early 2026. Block 2 (1,000 kg payload) and Eris Heavy (4,000 kg payload) variants are planned. | 100%as of [2]10/10 missions since development flight 2014 (D1). Production flights since 2017. ↑ Best | 43%as of [2]3/7 full successes (FLTA003 Jul 2023, FLTA005 Dec 2024, FLTA007 Mar 2026) + 2 partial successes + 2 failures through FLTA007 |
| Total flights | 1as of [1] | 10as of [2] ↑ Best | 7as of [2] |
| Cost / kg LEO | — | ~$4,500/kgas of [1]Estimated from OneWeb commercial contract ~$450M for 36 satellites (~5 tonne batch to GTO) ↓ Cheapest | ~$14,500/kgas of [1]Based on ~$15M list price / 1,030 kg LEO |
| Summary | Australia's first domestically developed orbital launch vehicle attempt, using a hybrid-propellant first and second stage; the maiden flight failed 14 seconds after liftoff in July 2025. | India's most powerful rocket. Launched Chandrayaan-3 (Moon lander) in Jul 2023 and OneWeb internet satellites commercially. Renamed LVM3 (Launch Vehicle Mark 3) in 2022. The CE-20 cryogenic engine was entirely ISRO-developed — previously India depended on Russian technology for the GSLV Mk II. | Firefly Aerospace's two-stage small-lift rocket powered by four Reaver engines at sea level and one Lightning engine in vacuum. Also provides launch services for NASA's CLPS programme (Blue Ghost lander launched on Falcon 9). FLTA007 'Stairway to Seven' succeeded Mar 11, 2026. |
48 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.