Founded in Florence in 1860 as a workshop, shop, and school of watchmaking, Panerai supplied the Italian Navy’s specialist diving corps with precision instruments for many decades. Originally created for use deep underwater, Panerai watches are renowned for their unparalleled legibility and luminosity in the dark. In 1997, the brand was acquired by the Richemont Group and launched on the international market. Today, Panerai develops and crafts its movements and watches at its Neuchâtel manufacture, combining Italian design flair and history with Swiss horological expertise.