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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 | Avio / Arianespace | Rocket Lab | ISRO |
| Country | 🇪🇺 Europe | 🇺🇸 USA | 🇮🇳 India |
| Status | Active | In Development | Active |
| Vehicle class | Small | Medium | Heavy |
| Propellant | Solid (HTPB + ammonium perchlorate all four stages) | CH₄ / LOX | Solid (S200 boosters) + UDMH/N₂O₄ (L110) + LH₂/LOX (C25) |
| Reusable | No | Yes | No |
| Stages | 4 | 2 | 3 |
| First flight | 2022 | 2026 | 2017 |
| Payload to LEO | 2,300 kgas of [1]SSO: ~1,700 kg | 13,000 kgas of [1]Expendable; ~8,000 kg reusable with first-stage return ↑ Best | 10,000 kgas of [1] |
| Payload to GTO | — | — | 4,000 kgas of [1] ↑ Best |
| Height | 35 mas of [1] | ~40 mas of [1] | 43.43 mas of [1] ↑ Best |
| Liftoff mass | 210 tas of [1] | ~481 tas of [1] | 643 tas of [1] ↑ Best |
| Success rate | 75%as of [2]6/8 successes; VV22 (Dec 2022) Zefiro-40 failure destroyed Pléiades Neo 5&6; returned to flight VV25 (Dec 2024). 3 successes in 2025. | — | 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 | ~$16,500/kgas of [1]Based on ~$38M list price / 2,300 kg | — | ~$4,500/kgas of [1]Estimated from OneWeb commercial contract ~$450M for 36 satellites (~5 tonne batch to GTO) ↓ Cheapest |
| Summary | Europe's primary small satellite launcher derived from Vega. The P120C first-stage motor is shared with Ariane 6's solid strap-on boosters. Avio took over programme management from Arianespace in Dec 2025. | 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. |
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.