In 1860, Giovanni Panerai founded Guido Panerai & Figlio company, later the brand was named Officine Panerai. Initially, the company specialized in manufacturing of measurement technique for the Royal Italian Navy, supplying the Navy with compasses, instruments for measurement of depth, torpedo detonators. In 1936 the first Italian Officine Panerai watch Radiomir was produced, it was designed for…