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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 | JAXA / Mitsubishi Heavy Industries | ISRO |
| Country | 🇺🇸 USA | 🇯🇵 Japan | 🇮🇳 India |
| Status | In Development | Active | Active |
| Vehicle class | Medium | Heavy | Heavy |
| Propellant | CH₄ / LOX | LH₂ / LOX (LE-9 first stage + LE-5B-3 second stage) | Solid (S200 boosters) + UDMH/N₂O₄ (L110) + LH₂/LOX (C25) |
| Reusable | Yes | No | No |
| Stages | 2 | 2 | 3 |
| First flight | 2026 | 2024 | 2017 |
| Payload to LEO | 13,000 kgas of [1]Expendable; ~8,000 kg reusable with first-stage return | 16,500 kgas of [1]H3-24 (2 SRB-3 + 4 LE-9 engines) configuration. H3-30 baseline: 16,500 kg. ↑ Best | 10,000 kgas of [1] |
| Payload to GTO | — | 6,500 kgas of [1] ↑ Best | 4,000 kgas of [1] |
| Height | ~40 mas of [1] | 57 mas of [1] ↑ Best | 43.43 mas of [1] |
| Liftoff mass | ~481 tas of [1] | 574 tas of [1]H3-24S configuration | 643 tas of [1] ↑ Best |
| Success rate | — | 75%as of [2]~6/8 successes. TF1 (Feb 2023) first flight failure (LE-9 ignition issue, DAICHI-3 lost). F8 (Dec 23, 2025) QZS-5 lost to 2nd-stage relight anomaly. | 100%as of [2]10/10 missions since development flight 2014 (D1). Production flights since 2017. ↑ Best |
| Total flights | — | 8as of [2] | 10as of [2] ↑ Best |
| Cost / kg LEO | — | ~$5,500/kgas of [1]Target unit price ¥5B (~$35M at ¥145/$); roughly half H-IIA's per-launch cost | ~$4,500/kgas of [1]Estimated from OneWeb commercial contract ~$450M for 36 satellites (~5 tonne batch to GTO) ↓ 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. | Japan's next-generation flagship rocket designed to halve H-IIA costs. Uses three LE-9 engines burning liquid hydrogen — the highest-performing expander-cycle engines in the world. First successful flight was TF2 (Feb 17, 2024). HTV-X1 cargo mission to ISS (Oct 2025) demonstrated operational readiness. | 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.