Perigee Aerospace is a private developer and manufacturer of orbital and sub-orbital launch vehicles located in Daejeon, South Korea.

Perigee Aerospace hopes to build the capacity to launch up to 40 Blue Whale 1 rockets per year at a price of less than US$3 million.

[8] Started in 2012, Perigee Aerospace began by developing and launching numerous sounding rockets for meteorological research for the Korean government.

In 2018 and 2019 the company received two rounds of venture capital backing from some of South Korea's leading technology investors including Samsung Venture Investments and LB Investment (a subsidiary of LG) to support the development of Blue Whale.The company is also supported by KAIST, South Korea's top technical research institution.

[9] According to an interview posted on the website of Expedition College in March 2020, an educational program by Dong-A Science,[10] Perigee Aerospace was planning to launch a suborbital sounding rocket developed in collaboration with KAIST.