A large fighter craft designed and deployed by the Federation in the 2360's and 2370's, the Peregrine was designed primarily as a fast attack craft to assist in large scale combat situations. The intent was to use the small, inexpensive Peregrines to deflect attention from the larger, more vulnerable Federation starships, allowing them additional time to strike--or, in some cases, the needed extra minutes to flee the battle.

Not warp capable, the Peregrine relies on its carrier to bring it in and out of battle. This design was necessitated by the fact that the small ship's internal volume was exasperated by shipboard micro-torpedo munitions. The only dedicated carrier in the fleet, the Akira Strike Cruiser, is the typical ship that would bring Peregrines into a battle. Other ships may be converted to carry Peregrines, paying 5 combat points per shuttle that the Peregrines replace. The Akira Strike Cruiser is exempt from this penalty as it was designed to carry small attack craft into the battle.