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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 | Blue Origin | LandSpace | ISRO |
| Country | 🇺🇸 USA | 🇨🇳 China | 🇮🇳 India |
| Status | Active | Active | Active |
| Vehicle class | Heavy | Medium | Heavy |
| Propellant | LNG / LOX (BE-4); LH₂ / LOX (BE-3U second stage) | CH₄ / LOX (Tianque-12 + Tianque-15 upper stage) | Solid (S200 boosters) + UDMH/N₂O₄ (L110) + LH₂/LOX (C25) |
| Reusable | Yes | No | No |
| Stages | 2 | 2 | 3 |
| First flight | 2025 | 2022 | 2017 |
| Payload to LEO | 45,000 kgas of [1]Reusable first stage; expendable ~45,000 kg. GTO (reusable) ~13,000 kg. ↑ Best | 6,000 kgas of [1]SSO capacity ~4,000 kg | 10,000 kgas of [1] |
| Payload to GTO | 13,000 kgas of [1]Reusable first stage configuration ↑ Best | — | 4,000 kgas of [1] |
| Height | 98 mas of [1] ↑ Best | 49.5 mas of [1] | 43.43 mas of [1] |
| Liftoff mass | 1,016 tas of [1] ↑ Best | 219 tas of [1] | 643 tas of [1] |
| Success rate | 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 | 75%as of [2]3/4 full successes; ZQ-2 Y1 (Dec 2022) reached orbit on stage 1 but 2nd stage failed; ZQ-2 Y2 (Jul 2023) SUCCESS — world's first methane-fueled rocket to reach orbit | 100%as of [2]10/10 missions since development flight 2014 (D1). Production flights since 2017. ↑ Best |
| Total flights | 3as of [2] | 4as of [2] | 10as of [2] ↑ Best |
| Cost / kg LEO | ~$1,500/kgas of [1]Estimated from ~$67M commercial pricing / 45,000 kg payload capacity ↓ Cheapest | — | ~$4,500/kgas of [1]Estimated from OneWeb commercial contract ~$450M for 36 satellites (~5 tonne batch to GTO) |
| Summary | 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. | The world's first methane-fueled rocket to achieve orbit (July 12, 2023), beating SpaceX Starship to that milestone. A commercial Chinese rocket built by LandSpace with vertically-integrated methane propulsion — the same propellant strategy as Starship, Neutron, and Terran R. | 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.