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One of the first spacecraft designed for an offensive role, the Panther was widely acknowledged as most capable ship of its day. During early testing, it was found to have structural problems, which resulted in the loss of 2 prototypes before a problem was identified in the manufacturing process of engine supports and wing spars. Due to the anticipated high workload a crew of 4 was deemed necessary, and comprised of pilot, weapons officer, engineer and comms/navigation.

Although primarily a spacecraft, it had limited capability when operating in a planetary atmosphere, and could be employed for surface attack. As better weapons and systems became available the Panthers were upgraded, leading to a huge variety of variants. The first early versions of the now standard Hardbeam Laserlance was originally tested on the Panther E, though it never became standard equipment.

It's greatest achievements came during the battle for Mars, where it served alongside the more advanced Cutlass. Panthers were available in greater numbers, and while the Cutlass is remembered for many daring individual actions, it was Panthers that formed the backbone of planetary defences. Even so, it became apparent that when pitched against craft such as Proxima's Piranha, it was underpowered, lightly armed and easily disabled. Entire squadrons were wiped out in increasingly desparate attacks to stem the Proximan assault and the tide was eventually turned, but at a terrible cost for both sides.

Immediately after the crisis had passed, the remaining Panthers were retired from front line service. Many were transferred to the FLEA (Federation Law Enforcement Authority), or were used for training duties and even target practice.

Some were disposed of to private individuals after they had been stripped of armament and military equipment, but even so, it is rare to see one today. One example can be seen at the Mars War Museum in the characteristic black and crimsom markings of the 8th Martian Defence Wing.