Panerai watch company also produces manufactory movements. In 2006, the AR 2002 caliber was released (21 jewels, diameter – 31 mm, thickness – 6.5 mm), that was designed and assembled in the workshop of the company in the city of Neuchatel. The watch movement with manual winding consists of 245 elements, and has an eight-day power reserve, the frequency is 28800 v/h. The first manufactory movement was a great success, that was followed by the company's new calibers P.2003, P.2004, P.2005, P.9000, P.999 and P.3000.