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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 | ISRO | Arianespace / ArianeGroup | Rocket Lab |
| Country | 🇮🇳 India | 🇪🇺 Europe | 🇺🇸 USA |
| Status | Active | Active | In Development |
| Vehicle class | Heavy | Heavy | Medium |
| Propellant | Solid (S200 boosters) + UDMH/N₂O₄ (L110) + LH₂/LOX (C25) | LH₂ / LOX (Vulcain 2.1 + Vinci) | CH₄ / LOX |
| Reusable | No | No | Yes |
| Stages | 3 | 2 | 2 |
| First flight | 2017 | 2024 | 2026 |
| Payload to LEO | 10,000 kgas of [1] | 21,650 kgas of [1]Ariane 62 (2 boosters) / Ariane 64 (4 boosters); 64 offers higher GTO capacity ↑ Best | 13,000 kgas of [1]Expendable; ~8,000 kg reusable with first-stage return |
| Payload to GTO | 4,000 kgas of [1] | 11,500 kgas of [1]Ariane 64 configuration. Ariane 62 delivers ~4,500 kg to GTO. ↑ Best | — |
| Height | 43.43 mas of [1] | 56–63 mas of [1]56 m (Ariane 62) / 63 m (Ariane 64 with 4 solid boosters) ↑ Best | ~40 mas of [1] |
| Liftoff mass | 643 tas of [1] | 530–860 tas of [1]530 t (A62) / 860 t (A64) ↑ Best | ~481 tas of [1] |
| Success rate | 100%as of [2]10/10 missions since development flight 2014 (D1). Production flights since 2017. ↑ Best | 100%as of [2]7/7 missions through VA268 Amazon Leo (Apr 30, 2026); Ariane 64 debut Feb 12, 2026 ↑ Best | — |
| Total flights | 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 | ~$7,500/kgas of [1]Estimate based on ~$115M A62 / ~$165M A64 list prices | — |
| Summary | 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. | Europe's flagship launcher replacing Ariane 5. The Vinci re-ignitable upper stage enables multi-orbit missions and controlled deorbit. Primary customers: Amazon Kuiper, European government payloads, and ESA science missions. | Rocket Lab's medium-lift reusable rocket targeting the $100B constellation replenishment market. Uses a 'hungry hippo' fairings design that opens at the top rather than traditional clamshell separation. First flight delayed to Q4 2026 after a Jan 2026 propellant tank test anomaly. |
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.