LVM3

The Launch Vehicle Mark-3 or LVM3 (previously referred as the GSLV Mk III) is a three-stage medium-lift launch vehicle developed by ISRO. Primarily designed to launch communication satellites into geostationary orbit, it is also due to launch crewed missions under the Indian Human Spaceflight Programme. LVM3 has a higher payload capacity than its predecessor, GSLV. After several delays and a sub-orbital test flight on 18 December 2014, ISRO successfully conducted the first orbital test launch of LVM3 on 5 June 2017 from the Satish Dhawan Space Centre. The total development cost of the project was ₹2,962.78 crore (equivalent to ₹45 billion or US$460 million in 2023). In June 2018, the Union Cabinet approved ₹4,338 crore (equivalent to ₹58 billion or US$600 million in 2023) to build 10 LVM3 rockets over a five-year period. The LVM3 has launched CARE, India's space capsule recovery experiment module, Chandrayaan-2 and Chandrayaan-3, India's second and third lunar missions, and will be used to carry Gaganyaan, the first crewed mission under Indian Human Spaceflight Programme. In March 2022, UK-based global communication satellite provider OneWeb entered into an agreement with ISRO to launch OneWeb satellites aboard the LVM3 along with the PSLV, due to the launch services from Roscosmos being cut off, caused by the Russian invasion of Ukraine. The first launch took place on 22 October 2022, injecting 36 satellites into low Earth orbit.