The Luminor 1950 received a much more striking design in 2002: the Panerai Luminor 1950 now has a diameter of 47 millimetres and thus surpassed every other Panerai model. The Panerai Luminor 1950 watch model was introduced to the market with only 1,950 units. In 2010, the company designed the Luminor 1950'Model L'Astronomo' (Equation of Time Tourbillon Titano). The timepiece combines different astronomical readings. For example, the user can read the times of sunrise/sunset and the distance between the middle and true solar time. This Panerai Luminor 1950 is powered by a manual winding movement. 15 years ago'Panerai' was a rather unknown watch manufactory, which was only known to insiders. However, this situation has changed in the meantime. Today, the concessions are much sought after by dealers, and lovers of luxury watches call themselves'Paneristi'. The fans regularly meet at specially initiated Panerai meetings to exchange experiences. However, Panerai's luxury watches are neither equipped with innovative precision mechanics nor with unusual gadgets. Most models have a higher power reserve, but otherwise no technical extravagances. It was only in 2005 that the watch manufacturer Panerai presented its first own movement. The steep rise of the company is mainly based on the design of the watch models, which is reminiscent of a unique and authentic past.