Otter & Co. Capital Holdings See Explosive Future with Peregrine LLC
St. Louis, MO – November 5, 2025 – Peregrine LLC, a promising start-up based in St. Louis, MO, and San Diego, CA focused on developing and providing purpose-built, next generation advanced technology for the battlefield, has secured a partnership with Otter & Company Capital Holdings, a St. Louis-based investment firm specializing in acquisitions, partnerships, and growth of small business operations throughout the Midwest. The investment, for an undisclosed amount, will help fuel Peregrine’s continued development and testing of cutting-edge drone technologies.
Naturally, there is a St. Louis connection between the two companies. Peregrine founder Greg Place’s roots run deep in the area — both as a native and as a former hockey player who was once coached by one of Otter & Co.’s investors. That shared history isn’t just a fun fact — it reflects Otter’s commitment to investing in people with the mindset they value most: team players who show grit, accountability, and a willingness to pull the rope in the same direction. Traits forged on the ice translate well to business — and Otter sees that in Greg.
“We are really excited about this partnership,” says Tom Kaiman, founder of Otter & Co. “When you invest in businesses, you’re investing in people and their determination. That coupled with Peregrine’s business plan, cost-effectiveness, and technology is mind-blowing. That’s what’s attractive to us — opportunistic investment strategy.”
Peregrine is a high-tech company specializing in development and production of precision strike and counter-UAS munitions drone technology. Their market base is the U.S. government and military, including the Department of Defense’s Special Operations Forces. Their drone technology is twofold: attack drones and defense or counterattack drones.
Peregrine’s military systems deliver performance typically seen with drones costing hundreds of thousands of dollars — but at a significantly lower price point. The flagship Kestrel Munition combines autonomous, advanced navigation with lethality that exceeds comparable drone-based munitions. Built to meet U.S. safety and lethality specifications, these drones are designed for large-scale, critical battlefield capabilities while remaining highly accessible: portable enough to be carried by individual operators, quickly assembled, and rapidly deployed. What sets Peregrine apart is the combination of pricing, portability, and operational flexibility, supported by autonomous software development that ensures streamlined deployment and effectiveness across missions.
“A shifting balance of power is changing warfare, where unmanned systems are taking the lead on the battlefield,” explains Greg Place, Founder of Peregrine. “We are excited to be developing effective, unmanned solutions for our military to use as protective, defensive measures when needed.”
Peregrine’s team includes retired military personnel and specialized engineers who are backed by experience, an understanding of battlefield needs and modern weaponry, and the tenacity to create something so strategic.
“Drones are becoming an essential tool for today’s military, giving every operator advanced capability in the field,” says Peregrine’s Product Director, Sergeant Major Carl Hanesstetter (Ret.), U.S. Army, 10th Special Forces Group, Silver Star | Legion of Merit.
Recent conflicts around the world have demonstrated the decisive role drones play in modern warfare, accelerating the shift away from traditional deployments and toward agile, unmanned solutions.
Peregrine is currently testing both attack and counterattack drones, focusing on enhancements and accuracy. Otter & Co. recognizes the importance of this technology and the opportunities for growth are wide open in this area. With Otter’s investment, Peregrine will have the capital necessary to take their drones to the next level, furthering development and additional testing before they are ready to introduce to their market base.
About Peregrine
Founded in April 2022, Peregrine LLC is a non-traditional defense contractor with offices in St. Louis, MO, and San Diego, CA. The company develops autonomous unmanned systems that integrate commercial technologies with advanced defense capabilities to address urgent U.S. and Allied warfighting requirements. Peregrine’s innovations meet strict NDAA compliance standards while providing affordable, mission-ready solutions designed for rapid deployment. Learn more at www.pdxweapons.com
About Otter & Company Capital Holdings
Otter & Co. Capital Holdings (O&Co) is a St. Louis-based investment firm specializing in acquiring, partnering with, and growing small operating businesses across the Midwest and beyond. With a focus on creating sustainable, long-term growth, Otter & Co. Capital Holdings invests strategically to unlock synergies and accelerate business performance through operational excellence and strategic partnerships. Learn more at ottercompanycapital.com
For more information, contact:
Sarah Stiehr, Triple Loop Marketing, 847.946.1880
