The original Shearwater Peregrine was announced in July 2020. In May 2023, Shearwater announced the Adventures Edition Peregrine in both "Light" and "Dark" versions that differ only in cosmetic styling from the "Original" edition. In May 2024, Shearwater introduced the "TX" edition of the Peregrine which supports integration with the SWIFT tank pressure transmitter, also called wireless 'air integration' (AI) and also includes an electronic compass. While the TX edition does support AI and compass, the earlier lower priced editions do NOT and can not be later upgraded.