UHR.SW · Biel/Bienne, Switzerland
The Garage / Company file
Omega
The watch that went to the Moon. The watch James Bond wears. The watch that saved Swiss watchmaking from Japanese quartz.
Market quote
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Today
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Symbol
UHR.SW
The story / 5 turning points
1848
A watchmaker in a Swiss attic
Louis Brandt founded a watch assembly workshop in La Chaux-de-Fonds, Switzerland in 1848. His sons Louis-Paul and César expanded the business, building a factory in Biel in 1880 with the revolutionary goal of producing watches with fully interchangeable parts — an industrial approach that was unusual in an industry dominated by individual craftsmen. A calibre produced in 1894 was so successful that they named it Omega — the last letter of the Greek alphabet, representing the ultimate achievement. The company adopted the name.
1932
Official timekeeper of the Olympics
Omega became the official timekeeper of the Olympic Games in Los Angeles in 1932 — a relationship it has maintained for over ninety years and more than thirty Olympic Games. The partnership gave Omega a global platform for demonstrating precision and reliability. The company developed progressively more sophisticated timing equipment: the first photo finish system (1948), electronic timing (1952), and eventually the atomic clock systems used in modern Olympic competition.
1965
NASA chooses Omega for the Moon
NASA selected the Omega Speedmaster as its official watch for manned spaceflight in 1965, after rigorous testing that included extreme temperatures, vacuum conditions, and shock resistance. The Speedmaster was worn by all six crews that landed on the Moon during the Apollo programme. On Apollo 13 in 1970, when the crew's instrument panel failed, astronaut Jack Swigert used his Omega Speedmaster to time a critical engine burn that returned the crew safely to Earth. NASA credited the watch with saving three lives.
1983
The quartz crisis and the Swatch rescue
Japanese quartz watches devastated the Swiss watch industry through the 1970s and early 1980s — Swiss watch exports fell 40% between 1974 and 1983. Omega's parent company SSIH was effectively bankrupt. Nicolas Hayek restructured the Swiss industry, creating Swatch Group by merging SSIH with ASUAG, and repositioning Swiss watches at both the affordable end (Swatch) and the luxury end (Omega, Longines, Breguet). The strategy saved the Swiss watch industry from extinction. Omega remained the group's flagship brand and eventually became its most profitable.
1995
James Bond and the cultural transformation
Omega replaced Rolex as James Bond's watch in the 1995 film GoldenEye, beginning a product placement relationship that transformed the brand's cultural positioning. Bond had worn Rolex for decades in the films; the switch to Omega was commercially significant for both brands. The Omega Seamaster — worn by Pierce Brosnan and subsequently Daniel Craig — became one of the most recognisable watch models in the world. The product placement was estimated to generate hundreds of millions of dollars in brand value for Omega over twenty years, helping lift the brand into direct competition with Rolex for aspirational watch buyers worldwide.
Frequently Asked Questions
Who founded Omega?
Omega was founded by Louis Brandt.
When was Omega founded?
Omega was founded in 1848.
Where was Omega founded?
Omega was headquartered in Biel/Bienne, Switzerland.
Why was Omega created?
Louis Brandt founded a watch assembly workshop in La Chaux-de-Fonds, Switzerland in 1848. His sons Louis-Paul and César expanded the business, building a factory in Biel in 1880 with the revolutionary goal of producing watches with fully interchangeable parts — an industrial approach that was unusual in an industry dominated by individual craftsmen. A calibre produced in 1894 was so successful that they named it Omega — the last letter of the Greek alphabet, representing the ultimate achievement. The company adopted the name.
What does Omega do?
The watch that went to the Moon. The watch James Bond wears. The watch that saved Swiss watchmaking from Japanese quartz. Omega went to the Moon, saved three Apollo 13 astronauts, became James Bond's watch, and saved Swiss watchmaking from Japanese quartz. The full story.
How did Omega grow?
Omega replaced Rolex as James Bond's watch in the 1995 film GoldenEye, beginning a product placement relationship that transformed the brand's cultural positioning. Bond had worn Rolex for decades in the films; the switch to Omega was commercially significant for both brands. The Omega Seamaster — worn by Pierce Brosnan and subsequently Daniel Craig — became one of the most recognisable watch models in the world. The product placement was estimated to generate hundreds of millions of dollars in brand value for Omega over twenty years, helping lift the brand into direct competition with Rolex for aspirational watch buyers worldwide.
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