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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 | LandSpace |
| Country | 🇺🇸 USA | 🇮🇳 India | 🇨🇳 China |
| Status | Active | Active | Active |
| Vehicle class | Small | Heavy | Medium |
| Propellant | RP-1 / LOX | Solid (S200 boosters) + UDMH/N₂O₄ (L110) + LH₂/LOX (C25) | CH₄ / LOX (Tianque-12 + Tianque-15 upper stage) |
| Reusable | No | No | No |
| Stages | 2 | 3 | 2 |
| First flight | 2021 | 2017 | 2022 |
| Payload to LEO | 1,030 kgas of [1]SSO capacity ~630 kg | 10,000 kgas of [1] ↑ Best | 6,000 kgas of [1]SSO capacity ~4,000 kg |
| Payload to GTO | — | 4,000 kgas of [1] ↑ Best | — |
| Height | 29 mas of [1] | 43.43 mas of [1] | 49.5 mas of [1] ↑ Best |
| Liftoff mass | 54 tas of [1] | 643 tas of [1] ↑ Best | 219 tas of [1] |
| 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]3/4 full successes; ZQ-2 Y1 (Dec 2022) reached orbit on stage 1 but 2nd stage failed; ZQ-2 Y2 (Jul 2023) SUCCESS — world's first methane-fueled rocket to reach orbit |
| Total flights | 7as of [2] | 10as of [2] ↑ Best | 4as 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 | — |
| 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. | The world's first methane-fueled rocket to achieve orbit (July 12, 2023), beating SpaceX Starship to that milestone. A commercial Chinese rocket built by LandSpace with vertically-integrated methane propulsion — the same propellant strategy as Starship, Neutron, and Terran R. |
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.