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For many years, Panerai built watches ex­clu­sively for frog­men in the Ital­ian Navy and later for divers in the navies of sev­eral other coun­tries. The move­ments and cases were orig­i­nally sup­plied by Rolex. Panerai de­vel­oped its own lu­mi­nous ma­te­rial, the dis­tinc­tive “sand­wich” dial with its char­ac­ter­is­tic nu­mer­als, and the brand’s un­mis­tak­able bridgestyle crown guard. To­day, Panerai of­fers an ex­ten­sive col­lec­tion, but it is still based on hand­some and func­tional Ital­ian de­sign. Panerai only en­cases its own in-house cal­ibers, most of which – as in the past – are dis­tin­guished by a long power re­serve.

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