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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 | ISRO | Blue Origin |
| Country | 🇺🇸 USA | 🇮🇳 India | 🇺🇸 USA |
| Status | In Development | Active | Active |
| Vehicle class | Medium | Heavy | Heavy |
| Propellant | CH₄ / LOX | Solid (S200 boosters) + UDMH/N₂O₄ (L110) + LH₂/LOX (C25) | LNG / LOX (BE-4); LH₂ / LOX (BE-3U second stage) |
| Reusable | Yes | No | Yes |
| Stages | 2 | 3 | 2 |
| First flight | 2026 | 2017 | 2025 |
| Payload to LEO | 13,000 kgas of [1]Expendable; ~8,000 kg reusable with first-stage return | 10,000 kgas of [1] | 45,000 kgas of [1]Reusable first stage; expendable ~45,000 kg. GTO (reusable) ~13,000 kg. ↑ Best |
| Payload to GTO | — | 4,000 kgas of [1] | 13,000 kgas of [1]Reusable first stage configuration ↑ Best |
| Height | ~40 mas of [1] | 43.43 mas of [1] | 98 mas of [1] ↑ Best |
| Liftoff mass | ~481 tas of [1] | 643 tas of [1] | 1,016 tas of [1] ↑ Best |
| Success rate | — | 100%as of [2]10/10 missions since development flight 2014 (D1). Production flights since 2017. ↑ Best | 67%as of [2]NG-1 (Jan 2025) full mission success, booster lost; NG-2 (Nov 2025) success + first Jacklyn booster landing; NG-3 (Apr 2026) partial — payload in wrong orbit, FAA grounded |
| Total flights | — | 10as of [2] ↑ Best | 3as of [2] |
| Cost / kg LEO | — | ~$4,500/kgas of [1]Estimated from OneWeb commercial contract ~$450M for 36 satellites (~5 tonne batch to GTO) | ~$1,500/kgas of [1]Estimated from ~$67M commercial pricing / 45,000 kg payload capacity ↓ Cheapest |
| 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. | 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. | Blue Origin's first orbital rocket. The 7-meter payload fairing is the widest of any current production rocket. NG-2 (Nov 2025) achieved the company's first booster landing on drone ship Jacklyn. |
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.