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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 | JAXA / IHI Aerospace | Firefly Aerospace |
| Country | 🇮🇳 India | 🇯🇵 Japan | 🇺🇸 USA |
| Status | Active | Retired | Active |
| Vehicle class | Heavy | Small | Small |
| Propellant | Solid (S200 boosters) + UDMH/N₂O₄ (L110) + LH₂/LOX (C25) | Solid (HTPB — all stages) | RP-1 / LOX |
| Reusable | No | No | No |
| Stages | 3 | 3 | 2 |
| First flight | 2017 | 2013 – 2022 | 2021 |
| Payload to LEO | 10,000 kgas of [1] ↑ Best | 590 kgas of [1]500 kg to SSO. Enhanced Epsilon (from E-4) added 700 kg LEO via PBS liquid kick stage. | 1,030 kgas of [1]SSO capacity ~630 kg |
| Payload to GTO | 4,000 kgas of [1] ↑ Best | — | — |
| Height | 43.43 mas of [1] ↑ Best | 26 mas of [1] | 29 mas of [1] |
| Liftoff mass | 643 tas of [1] ↑ Best | 96 tas of [1] | 54 tas of [1] |
| Success rate | 100%as of [2]10/10 missions since development flight 2014 (D1). Production flights since 2017. ↑ Best | 83.3%as of [2]5/6 successes. E-6 (Oct 12, 2022) PBS upper stage failed to ignite, eight satellites lost. Epsilon S (next-generation) ground test anomaly Jan 2023 effectively ended the programme. | 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 | 10as of [2] ↑ Best | 6as of [2] | 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 | 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. | JAXA's small solid-fuel rocket derived from the M-V rocket heritage. Designed for highly autonomous operations — launch preparations could be managed by just 8 people. The sixth and final E-6 mission (Oct 2022) failed when the PBS kick stage didn't ignite; a ground explosion during Epsilon S testing (Jan 2023) ended the programme. | 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. |
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.