Rising Star was built in Rotherhithe asked for Thomas Cochrane (later tenth Earl of Dundonald) in 1817,[4] who envisioned the military advantages that a warship of this type could offer in naval operations.

The PS Rising Star was driven by a centerline paddle wheel powered by 70 horsepower (52 kW) steam engines consisting of twin cylinders which were constructed by Maudslay and Sons and Field.

[6] The Rising Star was inevitably a small warship, but made up for its size as with a conventional battery of twenty guns, which was distributed along its open spar deck, ten in each broadside.

Since the miscalculation could not be easily remedied and due to delays in her construction (which took place in Kier's yard in 1820) the Rising Star was not delivered in time and could only run her trials on the Thames in June 1821.

[3][8] Although Lord Cochrane would hope to see the Rising Star completed, he had to depart to Chile, convinced by General José de San Martín to join the cause of the independence of the Hispanic-American colonies, to lead the naval campaign of the Liberating Expedition of Peru and the arrived in November 1918.