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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 | Rocket Lab | SpaceX | ISRO |
| Country | 🇺🇸 USA | 🇺🇸 USA | 🇮🇳 India |
| Status | In Development | Active | Active |
| Vehicle class | Medium | Medium | Heavy |
| Propellant | CH₄ / LOX | RP-1 / LOX | Solid (S200 boosters) + UDMH/N₂O₄ (L110) + LH₂/LOX (C25) |
| Reusable | Yes | Yes | No |
| Stages | 2 | 2 | 3 |
| First flight | 2026 | 2010 | 2017 |
| Payload to LEO | 13,000 kgas of [1]Expendable; ~8,000 kg reusable with first-stage return | 22,800 kgas of [1]Reusable first stage (expended gives 22,800 kg; reused gives ~15,600 kg) ↑ Best | 10,000 kgas of [1] |
| Payload to GTO | — | 8,300 kgas of [1]Expendable configuration. Reusable GTO capacity ~5,500 kg. ↑ Best | 4,000 kgas of [1] |
| Height | ~40 mas of [1] | 70 mas of [1] ↑ Best | 43.43 mas of [1] |
| Liftoff mass | ~481 tas of [1] | 549 tas of [1] | 643 tas of [1] ↑ Best |
| Success rate | — | 99.5%as of [2]634/637 full successes; Block 5 alone 580/581 = 99.8% | 100%as of [2]10/10 missions since development flight 2014 (D1). Production flights since 2017. ↑ Best |
| Total flights | — | 637as of [2] ↑ Best | 10as of [2] |
| Cost / kg LEO | — | ~$2,720/kgas of [1]Based on $67M list price / 22,800 kg LEO (expendable) ↓ Cheapest | ~$4,500/kgas of [1]Estimated from OneWeb commercial contract ~$450M for 36 satellites (~5 tonne batch to GTO) |
| Summary | 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. | The world's most frequently flown orbital rocket. Block 5 first stages have landed over 280 times and reflown up to 23 times. Backbone of Starlink and commercial crewed launches. | 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. |
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.