Panerai has introduced the Submersible Navy SEALs PAM01738, a new 44mm stainless steel diving watch tied to its official partnership with the U.S. Navy SEALs.
The watch features a cushion-shaped case, a matte black ceramic unidirectional bezel, and a gradient black-to-gray dial. It carries a 500m depth rating and houses the automatic P.980 caliber with a 72-hour power reserve.
The model follows the ultra-limited Afniotech Experience but uses a more wearable steel construction instead of hafnium. It includes two straps, a rubber option and an anthracite canvas one, with an easy-release system.
Panerai will make the non-limited PAM01738 available globally starting in July 2026 at a price of €12,100, US$12,400 or £10,400. The collection builds on the partnership that began in September 2022.