Panerai has long been admired for its rugged aesthetics and ties to deep-sea exploration—especially through the Submersible collection, which fuses Italian design with military heritage. One of the most compelling examples of this philosophy is the Submersible Marina Militare PAM01697.
Panerai Submersible Marina Militare PAM01697 pairs Panerai’s deep-Sea heritage with a refined modern aesthetic. It’s a 44 mm brushed stainless steel dive watch featuring a uni‑directional bezel with a green matte ceramic Ceramix insert. The matte green dial fades to black at the edge, textured to evoke Aviazione Navale gear.
This model is powered by the automatic P.900 calibre, 4.2 mm thin, beating at 28,800 vph with a 72-hour power reserve, date at 3 o’clock, and small seconds at 9 o’clock. It’s an efficient, practical engine housed in a 300 m water‑resistant build.While applied indices are 20% larger and filled with grey Super‑LumiNova X2 for outstanding legibility.
With lug‑to‑lug of approximately 53.5 mm and thickness of ~13.3 mm, PAM01697 wears confidently but comfortably for its size. It ships on a dark green canvas strap, with a second black rubber strap included. Both use the push‑button interchange system for easy strap swapping, and its rubber strap ensures flexibility in humid, marine, or tactical settings.
As part of Panerai’s Marina Militare series, these models pay tribute to the Italian Naval Aviation Corps via the first-time use of its emblem engraved on the polished screw‑in caseback. In short, the PAM01697 refines Panerai’s rugged DNA into a more accessible, wrist-friendly package—while preserving essential tool‑watch integrity.
Presentation & Ownership Experience: Each PAM01697 is delivered in Panerai’s updated travel pouch system, thoughtfully designed for secure transport. The package includes a screwdriver and strap-change tool, further reinforcing Panerai’s ethos of form following function. PAM01697 is more than a stylistic interpretation of military inspiration—it’s a continuation of Panerai’s commitment to producing reliable instruments for modern explorers. It earns its place not by appearance, but by what it’s capable of enduring and accomplishing.
This watch not only inherits Panerai's naval roots, but also shows the strength of technology and design in the details. If you prefer a functional dive watch and crave collectible value and style, then PAM01697 is worth considering on your list.PAM01697 (steel) retails at €10,300, while its Carbotech sibling PAM01698 costs €16,800
