Panerai was originally founded in the 1860’s by Giovanni Panerai, who established the first Panerai store in Florence. For decades Panerai worked closely with Royal Italian Navy, supplying wristwatches which were incredibly durabile, precise and accurate.
Later in 1916, Panerai patented a rhodium-powder, which was used in Officine Panerai watches to create a radiant luminescence, as well as adhesive qualities deep under the water. This substance became the first of Panerai inventions.
Nowadays, Officine Panerai is a watchmaker under the Richemont group, operating in both Italy and Switzerland. Panerai is a remarkable brand with an unusual background. The firm was producing the wristwatches and instruments exclusively for the military throughout most of brands history. Later on, in 1993, Officine Panerai began to sell its watch collections to the public.