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The global launch market reached $14.1 billion in 2024 — up 34% since 2021.
| Attribute | Electron 🇳🇿 New Zealand / USA Trust: Agency-primaryⓘ Last verified Active · Last updated 2026-06-01Remove × | ||
|---|---|---|---|
| Company | ISRO | CASC / SAST | Rocket Lab |
| Country | 🇮🇳 India | 🇨🇳 China | 🇳🇿 New Zealand / USA |
| Status | Active | Active | Active |
| Vehicle class | Medium | Medium | Small |
| Propellant | Solid (PS1/PS3) + UDMH/N₂O₄ (PS2/PS4) — 4 alternating stages | UDMH / N₂O₄ (hypergolic all stages) | RP-1 / LOX |
| Reusable | No | No | Yes |
| Stages | 4 | 2 | 2 |
| First flight | 1993 | 1992 | 2017 |
| Payload to LEO | 3,800 kgas of [1]PSLV-XL with 6 extended solid strap-ons. Standard PSLV-G: 3,250 kg LEO. SSO: ~1,750 kg ↑ Best | 3,500 kgas of [1]SSO capacity ~1,300 kg; standard LEO 3,500 kg | 300 kgas of [1]~200 kg reusable mode (lower due to propellant reserved for re-entry burn) |
| Payload to GTO | — | — | — |
| Height | 44 mas of [1] ↑ Best | 41.06 mas of [1] | 18 mas of [1] |
| Liftoff mass | 320 tas of [1]PSLV-XL configuration ↑ Best | 232 tas of [1] | 13 tas of [1] |
| Success rate | 93.7%as of [2]60/64 mission successes. Two consecutive recent failures: C61 (2024) and C62 (Jan 12, 2026, stage-3 anomaly, 16 satellites lost). | 98.7%as of [2]~77/78 successes; one known failure (CZ-2D Y7, Mar 1995 upper-stage anomaly) ↑ Best | 95.4%as of [2]83/87 orbital successes; 21/21 success rate in 2025 calendar year per Rocket Lab investor release |
| Total flights | 64as of [2] | ~78as of [2] | 87as of [2] ↑ Best |
| Cost / kg LEO | ~$4,000/kgas of [1]Estimated from commercial launch contracts ↓ Cheapest | — | ~$25,000/kgas of [1]Based on ~$7.5M list price / 300 kg payload |
| Summary | India's most reliable and frequently flown launch vehicle, operational since 1994. Set a world record in Feb 2017 by deploying 104 satellites in a single flight (Cartosat-2D + 103 microsats). Launched Chandrayaan-1 (2008), Mars Orbiter Mission (2013), and Aditya-L1 (2023). The dual C61/C62 failure streak raised concerns about aging solid motor design. | China's most-used sun-synchronous and polar orbit workhorse for small-to-medium military and commercial Earth observation satellites. Launched from Jiuquan and Taiyuan. Uses storable hypergolic propellants for high launch-readiness but produces toxic exhaust. | The world's most commercially active small launch vehicle, designed and built in-house at Rocket Lab. Rutherford engines are the first flight-proven engines made with additive manufacturing (metal 3D printing). Booster recovery via parachute and helicopter catch (later transitioned to ocean recovery). |
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.