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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 | Firefly Aerospace | ISRO | Rocket Lab |
| Country | 🇺🇸 USA | 🇮🇳 India | 🇳🇿 New Zealand / USA |
| Status | Active | Active | Active |
| Vehicle class | Small | Medium | Small |
| Propellant | RP-1 / LOX | Solid (PS1/PS3) + UDMH/N₂O₄ (PS2/PS4) — 4 alternating stages | RP-1 / LOX |
| Reusable | No | No | Yes |
| Stages | 2 | 4 | 2 |
| First flight | 2021 | 1993 | 2017 |
| Payload to LEO | 1,030 kgas of [1]SSO capacity ~630 kg | 3,800 kgas of [1]PSLV-XL with 6 extended solid strap-ons. Standard PSLV-G: 3,250 kg LEO. SSO: ~1,750 kg ↑ Best | 300 kgas of [1]~200 kg reusable mode (lower due to propellant reserved for re-entry burn) |
| Payload to GTO | — | — | — |
| Height | 29 mas of [1] | 44 mas of [1] ↑ Best | 18 mas of [1] |
| Liftoff mass | 54 tas of [1] | 320 tas of [1]PSLV-XL configuration ↑ Best | 13 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 | 93.7%as of [2]60/64 mission successes. Two consecutive recent failures: C61 (2024) and C62 (Jan 12, 2026, stage-3 anomaly, 16 satellites lost). | 95.4%as of [2]83/87 orbital successes; 21/21 success rate in 2025 calendar year per Rocket Lab investor release ↑ Best |
| Total flights | 7as of [2] | 64as of [2] | 87as of [2] ↑ Best |
| Cost / kg LEO | ~$14,500/kgas of [1]Based on ~$15M list price / 1,030 kg LEO | ~$4,000/kgas of [1]Estimated from commercial launch contracts ↓ Cheapest | ~$25,000/kgas of [1]Based on ~$7.5M list price / 300 kg payload |
| 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 reliable and frequently flown launch vehicle, operational since 1994. Set a world record in Feb 2017 by deploying 104 satellites in a single flight (Cartosat-2D + 103 microsats). Launched Chandrayaan-1 (2008), Mars Orbiter Mission (2013), and Aditya-L1 (2023). The dual C61/C62 failure streak raised concerns about aging solid motor design. | 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). |
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.