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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 | Firefly Aerospace | ISRO | JAXA / Mitsubishi Heavy Industries |
| Country | 🇺🇸 USA | 🇮🇳 India | 🇯🇵 Japan |
| Status | Active | Active | Active |
| Vehicle class | Small | Heavy | Heavy |
| Propellant | RP-1 / LOX | Solid (S200 boosters) + UDMH/N₂O₄ (L110) + LH₂/LOX (C25) | LH₂ / LOX (LE-9 first stage + LE-5B-3 second stage) |
| Reusable | No | No | No |
| Stages | 2 | 3 | 2 |
| First flight | 2021 | 2017 | 2024 |
| Payload to LEO | 1,030 kgas of [1]SSO capacity ~630 kg | 10,000 kgas of [1] | 16,500 kgas of [1]H3-24 (2 SRB-3 + 4 LE-9 engines) configuration. H3-30 baseline: 16,500 kg. ↑ Best |
| Payload to GTO | — | 4,000 kgas of [1] | 6,500 kgas of [1] ↑ Best |
| Height | 29 mas of [1] | 43.43 mas of [1] | 57 mas of [1] ↑ Best |
| Liftoff mass | 54 tas of [1] | 643 tas of [1] ↑ Best | 574 tas of [1]H3-24S configuration |
| Success rate | 43%as of [2]3/7 full successes (FLTA003 Jul 2023, FLTA005 Dec 2024, FLTA007 Mar 2026) + 2 partial successes + 2 failures through FLTA007 | 100%as of [2]10/10 missions since development flight 2014 (D1). Production flights since 2017. ↑ Best | 75%as of [2]~6/8 successes. TF1 (Feb 2023) first flight failure (LE-9 ignition issue, DAICHI-3 lost). F8 (Dec 23, 2025) QZS-5 lost to 2nd-stage relight anomaly. |
| Total flights | 7as of [2] | 10as of [2] ↑ Best | 8as of [2] |
| Cost / kg LEO | ~$14,500/kgas of [1]Based on ~$15M list price / 1,030 kg LEO | ~$4,500/kgas of [1]Estimated from OneWeb commercial contract ~$450M for 36 satellites (~5 tonne batch to GTO) ↓ Cheapest | ~$5,500/kgas of [1]Target unit price ¥5B (~$35M at ¥145/$); roughly half H-IIA's per-launch cost |
| Summary | 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. | 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. | Japan's next-generation flagship rocket designed to halve H-IIA costs. Uses three LE-9 engines burning liquid hydrogen — the highest-performing expander-cycle engines in the world. First successful flight was TF2 (Feb 17, 2024). HTV-X1 cargo mission to ISS (Oct 2025) demonstrated operational readiness. |
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.