The genus was first described by
Dr. Theodore Cockerell in a 1906 paper published in the
Bulletin of the Museum of Comparative Zoology. The genus name is a combination of the
Greek ''
, meaning "old" and vespa
from the genus Vespa, the type genus of the family Vespidae where Palaeovespa'' is placed. Along with the genus description, the paper contained the description of the
type species
P. florissantia,
P. scudderi and
P. gillettei all from the
Florissant Formation. Cockerell described a fourth species,
P. baltica in 1909 from a specimen in Baltic amber. Five years later, in 1914, Cockerell described another species
P. wilsoni from Florissant. In 1923,
P. relecta was named by Cockerell, bring the species count to six, with five described from Florissant.
Palaeovespa gained another species,
P. socialis, in 2005 when
George Poinar Jr. described a second species found in Baltic amber, while the eighth, and geologically oldest species,
P. menatensis, was published by Nel
et al (2006). ==Description==