In a rare convergence of heritage and innovation, Panerai has unveiled the new Luminor Marina Militare PAM05218 alongside its immersive exhibition The Depths of Time at the brand’s flagship in Florence. This unveiling not only honors the Maison’s classified past as a supplier to the Royal Italian Navy but also commemorates the pivotal moment in 1993 when Panerai transitioned from a military secret to a civilian icon.
For decades, Panerai’s creations remained hidden from public view, crafted solely as mission-critical tools for the Marina Militare’s elite commandos. Engineered with remarkable advancements in luminosity, underwater readability, and resilience, these timepieces became trusted instruments in some of the most challenging environments. It was not until September 10, 1993, aboard the destroyer Luigi Durand de la Penne (D560), that Panerai revealed its watches to collectors and civilians for the first time. That moment redefined its future, placing the brand at the forefront of high watchmaking while preserving its uncompromising DNA.



The Florence exhibition, The Depths of Time, reopens the archives of this extraordinary journey. Original correspondence with the Italian Navy, rare patents, technical drawings, and historical prototypes are displayed, tracing how necessity forged Panerai’s distinctive design language. Visitors are invited to step into the narrative of transformation, where classified military tools evolved into cultural objects of desire without ever losing their essence of functionality and precision.
At the heart of this celebration lies the new Luminor Marina Militare PAM05218, a modern interpretation of the legendary 1993 reference 5218-202/A. Presented in a bold 44mm DLC-coated steel case, the watch embraces the spirit of utilitarian authenticity with caramel Super-LumiNova® recreating the coveted “non-matching” dial effect. Its engraved monolayer construction reflects Panerai’s devotion to craftsmanship, while the P.6000 calibre delivers a robust three-day power reserve—an emblem of both endurance and mechanical elegance.


Far from being a mere revival, the PAM05218 embodies a bridge between past and present, fusing archival inspiration with contemporary refinement. Every detail is deliberate, from its faithful nods to history to the modern resilience of its construction, ensuring it remains as relevant on the wrist of today’s collectors as it was in the demanding missions of naval commandos.
The Luminor Marina Militare PAM05218 is also a testament to Panerai’s ability to navigate heritage without compromise. Unlike many commemorative releases that lean heavily on nostalgia, this edition thrives in the present. Its bold silhouette, advanced materials, and precision mechanics create a watch that does not only recall history but lives fully in modern horology. It is an object that balances reverence with relevance, inviting collectors to own a piece of history that is designed to be worn, not stored.

This new chapter also reinforces Panerai’s enduring connection to Florence, the city where its story first began in 1860. By staging The Depths of Time within its flagship, Panerai reaffirms its role as a custodian of Italian design and craftsmanship, opening its archives to offer transparency while deepening its cultural presence. The dialogue between Florence’s artistic heritage and Panerai’s technical mastery continues to shape the Maison’s unique identity in the luxury world.
As the PAM05218 prepares for its September 2025 debut, it stands as more than a launch—it is a declaration of intent. Panerai continues to celebrate its naval legacy while expanding its vision of what fine watchmaking can represent today: functionality elevated into artistry, history transformed into modernity, and a watch that reflects both the depths of its origins and the heights of its ambition.