Panerai
Founded in Florence in 1860, Panerai began as a workshop, shop, and subsequently school of watchmaking. The defining technical features Panerai developed to meet the Italian Navy specifications— exceptional luminescence, superior water resistance, extended power reserve, and robust construction—remained a military secret until 1993. In 1997, Richemont acquired Panerai, leading to its debut at SIHH (Salon International de la Haute Horlogerie) in 1998. Today, Panerai honors its heritage by manufacturing its movements and watches at its Neuchâtel manufacture since 2002, where cutting-edge technology and Swiss precision converge with Italian design.