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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 | Shanghai Academy of Spaceflight Technology (SAST) / CASC | ISRO | Galactic Energy |
| Country | 🇨🇳 China | 🇮🇳 India | 🇨🇳 China |
| Status | Active | Active | Active |
| Vehicle class | Medium | Heavy | Small |
| Propellant | RP-1 / LOX | Solid (S200 boosters) + UDMH/N₂O₄ (L110) + LH₂/LOX (C25) | Solid (stages 1–3) + hydrazine liquid upper stage |
| Reusable | No | No | No |
| Stages | 2 | 3 | 4 |
| First flight | 2024 | 2017 | 2020 |
| Payload to LEO | 12,000 kgas of [1]At 200 km altitude; 10,000 kg at 300 km. ↑ Best | 10,000 kgas of [1] | 400 kgas of [1]300 kg to SSO. |
| Payload to GTO | — | 4,000 kgas of [1] ↑ Best | — |
| Height | 62 mas of [1] ↑ Best | 43.43 mas of [1] | 20 mas of [1] |
| Liftoff mass | 433 tas of [1] | 643 tas of [1] ↑ Best | 33 tas of [1] |
| Success rate | 100% (6/6)as of [1] ↑ Best | 100%as of [2]10/10 missions since development flight 2014 (D1). Production flights since 2017. | 91.3% (21/23)as of [1] |
| Total flights | 6as of [1]All six flights deployed Guowang (China SatNet) internet-constellation satellites, exclusively from Wenchang Commercial Space Launch Site. | 10as of [2] | 23as of [1] ↑ Best |
| Cost / kg LEO | — | ~$4,500/kgas of [1]Estimated from OneWeb commercial contract ~$450M for 36 satellites (~5 tonne batch to GTO) | ~$4.5M per launchas of [1]Total launch price, not a per-kg figure. ↓ Cheapest |
| Summary | A medium-lift, kerosene/LOX launcher built specifically to deploy China's Guowang mega-constellation at high cadence from Wenchang's new commercial pads. | 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. | Galactic Energy's workhorse small-lift solid rocket — one of the most-flown Chinese commercial launchers — with a sea-launch variant (Ceres-1S, debuted Sep 2023) and a larger Ceres-2 in development. |
48 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.