Omega watches were the choice of NASA and the first watch on the Moon in 1969.
by Louis Brandt, who assembled key-wound precision pocket watches from parts supplied by local craftsmen.
Switzerland's other watch making giant Allgemeine Schweizerische Uhrenindustrie AG (ASUAG - supplier of a large range of Swiss movements and watch assemblers) was in economic difficulty.
Up to this time, the Omega brand outsold Rolex, its main Swiss rival in the luxury watch segment, although Rolex watches sold at a higher price point.Around this time it was viewed as Rolex versus Omega in the competition for the "King of Swiss Watch brands".Weakened by the influx of quartz watches and economic downturn in the 1970s, the company went through several upsets and acquisitions to emerge as the Swatch Group in 1998.Please remember that this is just an approximate guide and can not be used as a 100% accurate outlook as per how old your watch might be.That was when Japanese watch manufacturers such as Seiko and Citizen rose to dominance due to their pioneering of quartz movement.
In response, Rolex continued concentrating on its expensive mechanical chronometers where its expertise lay (though it did have some experimentation in quartz), while Omega tried to compete with the Japanese in the quartz watch market with Swiss made quartz movements.
Founded in 1848 by the 23-year-old Louis Brandt in La Chaux-de-Fonds, Omega began its existence as "Louis Brandt et Freres" and would eventually become a watch trusted by Olympic officials, favored by the latest incarnations of James Bond, and worn by the first men to step foot on the moon.
The company's first self-produced calibres, including the Labrador and Gurzelen, ensured the celebrity of the brand by the 1880s and inspired its renaming after the development of the 1894 Omega calibre.
In 1904, the company passed to four young people, including Paul-Emile Brandt, who forged the merger of Omega and Tissot into the Societe Suisse pour L'Industrie Horlogere in 1930.
Over the next several decades, the SSIH either absorbed or created around 50 companies and became Switzerland's number one watch producer.
Omega watches tended to be more revolutionary and more professional focused, while Rolex watches were more ‘evolutionary’ and famous for their mechanical pieces and brand.